Typically, the options generates some buying interest.
More Quotes from David Briggs:
People aren't going to chase those types of rallies anymore. Investors have been burnt too often and we're going to have a choppy market going forward,David Briggs
I'm not sure what's holding investors back, but I'm not anxious. January was a pretty typical month and I think it's only a matter of time before markets do better. I'm just not sure what the catalyst will be.
David Briggs
Investors were cautious to begin with this year, and the hurricanes are causing them to second-guess themselves even more.
David Briggs
It has been quiet in general. We say some money go into mutual funds this week, so there was some buying this afternoon on the morning dip.
David Briggs
It's also September, a typically bad time of year for the markets, ... and I think after two weeks up, people are saying, 'What are we doing here' and stepping back.
David Briggs
This is an oversold bounce. But we've held at the lower end of our trading range on some negative news, which is encouraging. Now that we've gotten two back-to-back days of gains, we're hopeful that we can move to the middle of that range.
David Briggs
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