Peter Chandler Good Quotations

It is a tech wreck, that's for certain, ... You need capitulation to have good bottom. I didn't see that today. I saw an absence of buyers. Quite frankly there just weren't enough bids. Have we fallen enough here? Probably not.

It has been a good day for the index. Toronto has held up very well and held its gains better than the Dow or the Nasdaq,

What is good is that we're seeing a real turn in investor sentiment to the negative, and you need that before you can get any sort of a bounce,

The bad news being the lower earnings that are going to start coming out. The good news is most of the damage has been done in the market and it's trying to find a good bottom.

On a very, very short-term basis, Nortel's stock was exceptionally oversold. Plus there was an article in Barron's that called for tech bounces and talked of a number of stocks that were good value. Nortel was in that handful,

There's the whole theory that there's a lot of exceptionally good fundamental value in those old economy, cyclical type stocks.

It's the push and pull between the good news and the bad news,

We had the good economic data south of the border but the problem on our side is the weight of the industrial products sector,