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David Briggs Quotes

When a rally gets under way the sellers pull away and when selling sets in the buyers pull away. We'll have to get used to this type of volatility. The market is trying to find a bottom and could take six months to do that. But people are trying to trade this market in excess of its underlying fundamentals. - David Briggs

Tags

Rally | Sellers | Pull | Selling | Sets |

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It's frustrating right now because everybody says that stocks look relatively cheap yet everyday the market bounces around. Everybody is looking for the next hurdle. People are waiting to see what the earnings look like, and that seems to be the key driver in the current market. - David Briggs

When a rally gets under way the sellers pull away and when selling sets in the buyers pull away. We'll have to get used to this type of volatility. The market is trying to find a bottom and could take six months to do that. But people are trying to trade this market in excess of its underlying fundamentals. - David Briggs

The market seems trapped between 1,200 and 1,212 on the S&P. We'll probably see a little strength later in the week, at the very least to offset last week's weakness; and if we see the S&P dip below 1,200, then I think some bargain hunters will come out. - David Briggs

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