Quotations
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Irwin Michael Quotes
«The bond market is telling (U.S. Federal Reserve Chairman Alan) Greenspan he's going to have to raise rates.»
Author: Irwin Michael
«The volatility was spectacular...this will fray everyone's nerves. Emotions are running very high, and they've taken a lot of stocks down. There's virtually no support.»
Author: Irwin Michael
«It's too early to say whether that (the gains) is going to continue but in the meantime, the banks have been firm for the last couple of days and that's quite helpful because the banks are still a significant piece of the index.»
Author: Irwin Michael
«It's very choppy. Friday looked like it was the end of the world, Toronto was down a 150-odd points, and we've gained it all back today. The market continues to be very volatile, and it's testing people. On balance, people are nervous, you don't want to do anything terribly audacious.»
Author: Irwin Michael
«I think people are full of bravado out there. There's no fear.»
Author: Irwin Michael
«People may be going down the food chain at this point.»
Author: Irwin Michael
«This is pretty dramatic here. On balance, people are probably going to be very anxious, very nervous.»
Author: Irwin Michael
«It was extremely volatile, to say the least. It makes you dizzy.»
Author: Irwin Michael
«I'm surprised that the market bounced back so quickly, I thought there might have been a little more pain before it moved back up. But it looks like (Tuesday) was transitory. There's no fear; investors are still full of bravado. The perception is you just keep on buying the dips because they always come back.»
Author: Irwin Michael
«It was extremely, extremely quiet. It's largely a handful of stocks again that are leading the market. I'd like to see more breadth to the marketplace. It's like the dog days of summer, as they call it: not very much activity.»
Author: Irwin Michael