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“There's still parts of the U.S. economy that need cooling out, particularly the housing sector and various areas, ... (but) the fear is that the disaster in Louisiana will pull down the economy.”
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“Usually, this is a good week in the stock market and then the next month is not so good,”
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“(Traders) usually bid the market up in the first week of September and then start clearing the decks for the September quarterly end.”
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“The mood is still good and we might have another couple of good weeks before the seasonal weakness in September,”
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“You could well see them coming back and raising their interest at a higher price,”
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“(Oil prices) shouldn't have got up so much on Friday because of the Saudi scare that became a non-scare.”
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“I just think the market got a little tired and it's giving something back here. It's just correcting in a normal manner.”
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“I think the energy sector is in the process of a long-term correction. But, within that, we will get these good days, which is where we are today.”
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