The market is like Sleepy Hollow today, there's very little going on and now there's fewer and fewer players out there. It drifts, it depends on the last trade.
More Quotes from Irwin Michael:
I think people are full of bravado out there. There's no fear.Irwin Michael
This is pretty dramatic here. On balance, people are probably going to be very anxious, very nervous.
Irwin Michael
It's a Nortel day. Technically there may be some damage done here and it's really testing people's conviction in Nortel.
Irwin Michael
The picture in the stock markets is still very murky. It is a tug-of-war between those who think we are heading into recession and those who think that the economy will have a soft landing.
Irwin Michael
Northern Telecom and Bell, which had a nice day yesterday, gave part of it back today.
Irwin Michael
It's very lethargic. It's individual stocks that are moving it. It's very, very quiet, I'm not seeing a lot of activity.
Irwin Michael
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