Last week we were looking for three things: for cash to flow into mutual funds, tech stocks to do better and the market to end above 1,200. We got them all, so we were anticipating a good day today.
I think last year was a good year for stocks, I think this year was extremely difficult until recently.
Our pattern has been a tough month, followed by a good one, and it looks like we're due for a good one.
I think overall the market is OK, there is still cash coming into the market, but it hasn't been a very good week.
Today was a good healthy profit-taking day. There were no particular leaders, and it was a pretty broad-based sell-off, which felt good after the recent run that we've had.
The stock is down 40 percent from its high, ... It's a very good buy, and the company just dominates the industry.
It's really good to see, ... that there are levels when buyers step in.
It's been such a nice run already, really a good run since August. I think the market is going to chop around here, maybe end the year just a little bit higher.
Earnings look OK and it looks like there's some pretty good bargains, but where's the demand going to come from?
It's a reminder of the old angst (of international conflict), despite a good jobless report, ... People seem to be ignoring the economic numbers right now.
It made me nervous, but we hung in there. Our pitcher is our veteran, and she is a steady force for us. She held us in there. This was a good win for us, and I think Frazier is a good team. I will be surprised if they aren't a playoff team in their section this year.