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Matt Ruane Quotes

We're in a bear market. You're going to see these little rallies on short-covering, but there's nothing (else) on the horizon to push us past that right now. - Matt Ruane

Tags

Bear | Market | Rallies | Short | Covering |

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Stocks had a nice run and now we're seeing across-the-board profit taking, which is healthy. Reports of Cheney's comments didn't help, but we would be seeing a little selling anyway. - Matt Ruane

The key here is still commodities. Oil has been above $30 a barrel for what, the last 90 days?. Commodity prices need to come down. Wholesale numbers yesterday were high because of energy, because of oil. It's a concern. It's a drag on the economy and the dollar. - Matt Ruane

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