There aren't really any standout negative catalysts today. The market's just kind of drifting lower today on pretty light volume. We're also probably still a little oversold from the recent run.
More Quotes from Brian Finnerty:
It's very sad that Opus Dei and the Catholic Church were portrayed unfairly in the novel. What we're trying to do is take advantage of the interest to explain what the real Opus Dei is all about.Brian Finnerty
You have to have a sense of humor. Countering a novel and a movie is a little bit like fighting against smoke. If you swing at it with boxing gloves, you wind up looking a little silly.
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The market is clearly oversold, which could mean a bounce, but with this kind of volatility, it could also get more oversold. It's very much a wait-and-see situation.
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Everyone is talking about Cisco getting rid of its inventory problem a little bit faster than people had thought. But the whole Nasdaq is looking better.
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When they announced it was going into the SP, it ran up dramatically and held up. I think it's normal to get a little profit taking, even though the number was good.
Brian Finnerty
There's no enthusiasm out there. A lot of people are waiting for the Federal Open Market Committee to meet. There's no big trend here.
Brian Finnerty
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