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Tom Schrader Quotes
«We've had a really nice run. I think we need to see a little pullback before we go higher. There's not going to be much in the next two days to change that. Jobless claims tomorrow won't be a market mover. I think we'll probably see a little profit taking the rest of the week.»
Author: Tom Schrader
«We got hit so hard at the beginning of the week,»
Author: Tom Schrader
«The selling today is long overdue after the recent rally. You're seeing a lack of buyers ahead of the Fed. You'll probably see more selling tomorrow as the meeting begins.»
Author: Tom Schrader
«A lot of the reason for the rally is that people think that everything's on the table. You saw a knee-jerk reaction this morning, with people selling on an initial reaction to the news, Europe being down so much and some weak earnings, like Kraft.»
Author: Tom Schrader
«I think the rally got started by news of the super-secret meeting with the Iraqi military this morning and just kept going from there. Everybody loves equities and the dollar today and everything else is down.»
Author: Tom Schrader
«I think investors are reacting positively to what's going on right now, with this new phase of the war. The more certain investors are that things are going well -- and they seem to be going very well -- the more hints we have that Saddam may be dead, the more investors are going to jump in.»
Author: Tom Schrader
«Basically we're seeing a bounce after yesterday's debacle. I think the market is getting really oversold and we're probably due to see a bigger bounce back pretty soon.»
Author: Tom Schrader
«[But the ups and downs of company fortunes resulted in little tumult and little change.] It's calm and fairly quiet today, which probably relates to the storm up and down the East Coast, which is keeping a lot of traders home, ... But everybody has a pretty positive tone. I'd just like to see a little more business,see the volume pick up a little.»
Author: Tom Schrader
«Given all the negatives thrown at the market, it's amazing how well it's doing.»
Author: Tom Schrader
«I'm trying to stay positive but it's really hard. I guess one silver lining is that October, historically, has often been a period when we've been able to put in a good bottom and see real capitulation. We've already hit several lows this month and from a technical standpoint, it looks like because we are at such extreme levels, we really could see some sort of rally before the end of the year.»
Author: Tom Schrader
