David Jarvis
David Jarvis
bond bought market positive type
It was positive after yesterday's decline, they bought the financials, they bought everything today, ... The bond market was up and it was just a buy-the-dips type of mentality.
everybody interest lower peaked rates rise stocks thinks top
Everybody thinks we're at the top of interest rates. The rates have peaked and the rate rise is over. There's lower rates to come and the stocks you want to own are the ones that do well in the lower rate environment.
earnings good last run soft start waiting
We're off to a soft start here ... We've had a good run in the last little while and we're waiting for more earnings to come out.
hit
The techs are getting hit and Nortel is down, so it's more of continuation of the sell-off.
foot seems steps time
It seems like every time I get a foot ahead, I get two steps backward.
fear fed interest numbers relieved time
The numbers relieved some fear of the Fed tightening interest rates. For how long, I don't know. But for the time being they have.
next terrible
It was a terrible day. Everything is under pressure. Down we go. This will probably be a precursor to next week.
economic fears growth people seeing selling starting stir
The market's selling off because the economic growth we're seeing is starting to stir some fears of inflation, so people are going for gold.