Quotations
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Peter Green Quotes
«Of the earnings this week, I'll be looking at GE. They're so broad-based in their business that what they have to say is going to be important.»
Author: Peter Green
«This is impressive, but the caveat is that this is the day after a holiday and not many people are in. You also have certain key sectors, like chips and the insurers, not participating. I think you need to see a few more days of this to determine whether today is a head fake or not.»
Author: Peter Green
«The fact that people are selling stocks like eBay, Caterpillar, IBM and GE very quickly of late tells you that the upside [for the broader market] right now is limited.»
Author: Peter Green
«I think traders are quick to take profits right now, because what else is there that stocks can do for an encore in the short term? We're still in an uptrend, but the probability right now, from a technical standpoint, is that we're going to have a little more selling.»
Author: Peter Green
«The question is, how seriously do we take what's going on today, considering the volume, and what's going to happen next week when people come back? I would take today as a positive with the caveat that not many people are here.»
Author: Peter Green
«The confidence number is tomorrow's most significant report, but it's not extremely important. People are still refinancing and have money in their pockets, even with the job market struggling.»
Author: Peter Green
«Interest rate fears are fully discounted now, which is why bonds are up today. That's why stocks are bouncing, why the utilities are rallying, regional bank groups are rallying. But I don't think the market is going to have much more lift here.»
Author: Peter Green
«Short-term, what the market is taking from the GDP report is that inflation is higher, and there's less economic growth than we thought, and that's putting a crimp on things today.»
Author: Peter Green
«I thought I had too much money to be happy and normal. Thousand of pounds is just too much for a working person to handle all of a sudden, and I felt I didn't deserve it.»
Author: Peter Green
«I think the market is performing fine. We're due for a little rest and that's what you're seeing. We've had some nice days, but the volume is light, the dollar is a little weaker, and traders don't want to hold their positions ahead of the weekend.»
Author: Peter Green