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Peter Chandler Quotes

We made a new low on the Nasdaq yesterday and on a very, very short term basis it's oversold and I think that we can expect this kind of activity from time to time where the market gives us some relief, some bounce. - Peter Chandler

Tags

Nasdaq | Yesterday | Short | Term | Basis |

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Nortel was above C$130 a few weeks ago and went down to around C$95, which was a healthy correction. It gained more than seven points today and the snap back is completely within reason. - Peter Chandler

We're still in the midst of a new earning season. There's probably going to be more disappointment in earnings than pleasant surprises. - Peter Chandler

The market is now focusing back on earnings. We're almost through the earnings season, but it's disappointing, so the markets are going to muddle around here. We still might make a moderate recovery high in the rally then we're going to go back into the trading range and get through the next couple of months. - Peter Chandler

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