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.
More Quotes from David Briggs:
I think confidence is higher. There's a sense of 'What are we worried about now' because we got through the rise in interest rates, the election, we're dealing with the energy prices. I think people are feeling better.David Briggs
We seem to have a hiccup every late September or October, and that's set us up for a bit of a rally, ... The question is whether it fades in early November or lasts through the holidays. I need to wait and hear from retailers before that becomes clear.
David Briggs
There basically is an absence of sellers in the market. It seems the market is a little ahead of itself, but people are reluctant to sell. People are still putting money to work here in the market.
David Briggs
Earnings seem to be flat to a penny better, and everyone was prepared for the worst. There don't seem to be a lot of sellers in the market, and it seems like the tide might be starting to turn. The market is fairly valued...it gives the opportunity for the economy and earnings to move higher here.
David Briggs
It's the same old, same old. Large cap tech is going to be in the doldrums for some time.
David Briggs
The market has followed the same pattern for years, ... People like holidays.
David Briggs
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