Celso Senise Quotations

There is no money in the market and the pressure to sell is very great.

There is a lot less money for high-risk investments and no liquidity. The polls are not enough.

Selling was generalized across the market, with the most liquid stocks going first.

I think it could last as the gains abroad are strong.

We have all the ingredients for higher trepidation than normal. What will happen is hard to tell.

The political factor is what's most influencing the market. It's just a few participants who are pushing the market around.

When the (U.S.) market improves we improve, and when it gets worse up there it gets worse down here.

The expected rate cut was confirmed, bringing in money from abroad. The fall in rates favors equities.

We are starting to see a perception in the market that the high oil price could have a greater impact on inflation than originally expected.

What's important is he has political backing. He probably has about 10 days to start getting things done.

With that negative impact, losses abroad and foreigners selling some assets here, the market could have fallen much more.

There is some short-term concern in the market that the auction could be delayed.

We saw some profit-taking amid less volume and on the back of healthy gains in the past two weeks.

The risk right now is really high and the markets are nervous and volatile. The most liquid stocks are bound to go first.

The situation is not good and the worst thing is that there is a feeling that it could get worse. The market is ready to improve, but it depends on what happens abroad...You can't bet on anything.

Privatization means better electricity supply, a restructuring of the industry, mergers and acquisitions. Prices of electricity shares have been lagging and they have room to move up more.

Activity is going to slow down, we're going to ration energy. How much of an effect that's going to have on gross domestic product, no one knows.

The big reason is the global (economic) situation which is far from good. This week is looking catastrophic.

You only have to look at your electricity bill to see how people are spending less, and how this will affect companies' revenue.

This is pure arm wrestling ahead of the futures' expiration.

The way the market is closing, it should open well tomorrow, but where it will end nobody knows. It's only a technical correction.

This accord only put off a fact that will be uncomfortable for us again. It's an immediate relief ... (but) I don't think it will resolve the problems of Argentina.

A lot of people had bought into or held onto the stock in anticipation of the offer, so now they are getting out. And with the Brazilian market so weak, this further diminishes the market's credibility in the eyes of investors.

This places a question mark over all privatizations, including the electricity sector.

They haven't even started rising. They are very undervalued.

It's as though the market was asleep all day. Liquidity was thin across the board. No one is making any bets.

Its a great market to build medium- to long-term portfolio.

It opened with buys and has kept attracting buys all day.

It's the same as last week -- waiting to see what happens in Argentina, waiting to see if the U.S. economy is going to heat up.

It's not that the market is weak, it's that there are no prospects.

Everybody is stuck on the crazy fluctuations of the real.

Still, there's nothing terrible going on. The market is still strong and the general trend should remain upward.

The economic fundamentals are good and there's cash around.

The market looks like it is finding a certain floor.

The market is very nervous, very volatile, and volume is tight. It's best to stay out of it.

The market is very cheap with the weakness of the real and it still can't find the strength to rise, and that's because the political uncertainties ahead.

The market is stuck to the Argentine market.

The market remains very nervous and volatile. While we have the turbulence in the U.S. markets, it's best to stay clear.

The market has been wanting to take profits for several days, but then came the U.S. rate cut when people bought on rumors and sold on the fact, and now the political problem, which really triggered profit-taking.

The market is in good shape. It rose and we are seeing some profit taking ... The important thing is that there is new money.