David Briggs Bargain Quotations

Yesterday's sell off created a little bit of a bargain today, and investors are stepping it up and taking advantage.

I think the market had been pretty weak, and then we saw a little bargain hunting Monday, ... But those same people hunting for bargains yesterday got a little spooked today when they saw the AMD warning and the Alcoa miss.

The market seems trapped between 1,200 and 1,212 on the S&P. We'll probably see a little strength later in the week, at the very least to offset last week's weakness; and if we see the S&P dip below 1,200, then I think some bargain hunters will come out.