David Briggs Waiting Quotations

People are holding their breaths, waiting for an impetus to move,

We're still in that pattern. Everyone is on hold and waiting for the next (quarterly results) pre-announcement season in September.

We're in a narrow range, moving around about 1 percent over the last three days, and it looks like the markets are waiting for some economic figures or waiting on oil because there's really no reason to push anything now.

Everyone thinks stocks are okay, the economy is okay, but markets have been lower since the beginning of the year. People are waiting for a reason to make a move. They want to act on an event, like the earnings that are coming out or the upcoming Federal Reserve meeting.

There's not a lot of conviction out there. It's a strange year-end, you just get a sense that people are content, waiting for the new year.

It's frustrating right now because everybody says that stocks look relatively cheap yet everyday the market bounces around. Everybody is looking for the next hurdle. People are waiting to see what the earnings look like, and that seems to be the key driver in the current market.

I'd have liked to have seen us a bit higher, but I'm pleased that the market is at least not falling apart today. I think a lot of people are waiting to hear from Greenspan.