I think people walked in confused today as to whether we are going to continue this uptrend through year-end or back off.
More Quotes from Tim Heekin:
You had this huge down move on Tuesday, you gained half of it back yesterday, and more of it today,Tim Heekin
Even with the Dell news, the two themes we've seen today, and lately, have been strength in select technology -- today, that was the chip sector -- and strength in industrials.
Tim Heekin
The market has been trying to hit these highs for some time, but we've been nearing them with less and less enthusiasm,
Tim Heekin
Everything out of Federal Reserve Chairman Alan Greenspan and the White House has been good, ... We're at a key inflection point. The fundamental issue is Are we going to have another Tyco or Enron And when
Tim Heekin
This movement in the bond market is amazing, truly unprecedented. People are starting to sell fixed-income and put that money into stocks. Equity is starting to look like this undervalued dark horse worth betting on.
Tim Heekin
There's nothing fundamental driving these gains. The Nasdaq had sold off over 10 percent, the Dow and the SP had started to correct as well, so you're seeing a bounce off of that.
Tim Heekin
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