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Letter "D" » David Briggs Quotes
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«Earnings seem to be flat to a penny better, and everyone was prepared for the worst. There don't seem to be a lot of sellers in the market, and it seems like the tide might be starting to turn. The market is fairly valued...it gives the opportunity for the economy and earnings to move higher here.»
Author: David Briggs
«We had a very nice rally yesterday and now you have some people wanting to take profits and others who missed out wanting to swoop in now.»
Author: David Briggs
«I think that consumer confidence number really shocked a lot of people. Because if consumers aren't going to hold this economy up -- the bad news just keeps on coming.»
Author: David Briggs
«I'm just starting to get this bad feeling again. History may not repeat itself this time.»
Author: David Briggs
«I think we have gotten ourselves into a classic year-end speculative mentality. I really think the market has gotten ahead of itself. People really started buying on hope. I don't rule out some year-end euphoria, but I don't think the market has a lot more upside to it.»
Author: David Briggs
«I don't expect much to happen in December. I need to see a little political risk come out of the world first.»
Author: David Briggs
«I think the market is trying to make up its mind,»
Author: David Briggs
«This is an oversold bounce. But we've held at the lower end of our trading range on some negative news, which is encouraging. Now that we've gotten two back-to-back days of gains, we're hopeful that we can move to the middle of that range.»
Author: David Briggs
«What we're hearing is that today was predominantly short covering, ... I know that there's people that have cash and are stepping in when the market's down.»
Author: David Briggs
«We were looking for a little pullback because you don't often see a 9 percent gain over two weeks.»
Author: David Briggs
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