With Hewlett-Packard, another one bites the dust and technology is bearing the brunt of a buyers' strike, ... We're mired in a period of uncertainty here and clearly the vote right now is 'Cash is king.'
More Quotes from Bryan Piskorowski:
It looks like a lack of bad news has brought out a little short-covering. It's a respectable open after the last couple of days we've had, but I'm hard-pressed to call it any trend.Bryan Piskorowski
We've seen late day short rallies on low volume that are exaggerated by lack of supply. The move has been overrated,
Bryan Piskorowski
You have nobody willing to be a hero here -- it's hard for people to step up to the plate. Trade over the past two sessions has been very speculative. If you removed Iraq, you'd probably have a market that was doing OK.
Bryan Piskorowski
We are in a bit of a news vacuum as we wait for the deluge of corporate earnings reports.
Bryan Piskorowski
By and large, today's session was fairly lackluster. Ahead of the earnings season, we came in with very low expectations and the one hope was we'd see projections of a potential turnaround. But now we're getting hit with third-quarter warnings.
Bryan Piskorowski
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