Quotations
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Elliot Spar Quotes
«We had the Nasdaq acting poorly all day, even when the Dow and the S&P were doing well all day, ... But breadth has gotten increasingly negative. We are just seeing technical action here and higher oil is just exacerbating the move.»
Author: Elliot Spar
«It's the kind of market now where (investors) have to get out -- to lighten up, ... Interest rates are making people do that, and fear of a slowing economy and higher inflation. If that's the fear, then prices come down.»
Author: Elliot Spar
«The market overreacted to the storm and that attracted buyers at key technical levels,»
Author: Elliot Spar
«The financials bottomed out in mid-October. Now everybody and their sister is saying they've got to buy them. There's a perception that the yield on the 10-year note is not going that much higher.»
Author: Elliot Spar
«That's terrific if you're a BellSouth shareholder ... but there are too many negatives poking at the market right now.»
Author: Elliot Spar