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Kate Warne Quotes
«It's a good day led by Nortel; surprise, surprise. I had expected that (Canada) would be down today because of the inflation report.»
«Basically, today is all Nortel. Other things would have come out flat if weren't for Nortel.»
«I think the rest of it was probably just the general feeling that techs had run toward the end of August and people were again beginning to get a little nervous about what was going on.»
«(The TSE 300) started sliding at the beginning and it just kept sliding. Nortel accounts for most of it but you have Seagram pulling back, techs took a big hit. It's pretty much across the board.»
«Today's a day of waiting: waiting for earnings; after the retail sales report, waiting to see whether consumer picks up later in the year; waiting to see if OPEC cuts production.»
«I think in Toronto we're seeing reaction to the Lucent pre-announcement with Nortel, which is down.»
«I think we are seeing a little follow-through from the election ... but, overall, the market has been pulled down by the drop in oil prices more than anything else.»
«I think bouncing around flat is probably what we'll see for the next few months until something begins to give us a clue on the next direction.»
«The fundamentals are much easier to read right now than the sentiment, and the jitters in the market are just leading to all these movements that are unconnected to reality.»
«This kind of swinging huge amounts from hour to hour suggests that people are not looking much at the fundamentals and not grounding their trading decisions in what's really going on with the companies.»