David Land Price Quotations

Traders are not being overly quick to get into long positions as the oil price moves up, but are quick to unload if they see any weakness.

Although it has calmed down a little of late, the energy sector still has traders watching it very closely for opportunities and with the price of oil remaining quite choppy this seems set to continue.

Swift sell-offs as we saw on Monday really show that no one wants to be left holding the bag but movements like these are really indicative of the large rally the market has undergone and the feeling traders have that a broad price turnaround could occur,

Swift sell-offs as we saw yesterday really show that no one wants to be left holding the bag, but movements like these are really indicative of the large rally the market has undergone and the feeling traders have that a broad price turnaround could occur,

(Investors) don't want to see this relatively ferocious back and forth between the government and Telstra management, they want to see a plan for how earnings and the share price of the company are going to be buoyed.

There was pretty consistent buying in a lot of areas so it would seem that a lot of traders were moving into stocks that they liked at a price they were happy with following the falls yesterday.