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Letter "D" » David Briggs Quotes
«At some point, high oil prices have to matter. When Joe Six Pack has to start paying $50 to fill up his tank, you have to think they will stop buying Frappuccinos and bottled water.»
Author: David Briggs
«Look at Philip Morris. Its stock value was depressed for a long time on litigation risks, but after all these years the value has finally come through.»
Author: David Briggs
«It's the same old, same old. Large cap tech is going to be in the doldrums for some time.»
Author: David Briggs
«Today was a holiday for some people and that's why we had light volume, ... Another reason is that investors are still debating the impact of a war with Iraq. Some feel a war will cost a lot of money, send the deficit soaring and plunge the economy into a recession. Others think this round will go a lot faster and not cost as much. But this debate is causing a lot of people to sit on the sidelines»
Author: David Briggs
«Now everyone is chasing,»
Author: David Briggs
«I thought [Powell] did a great job. It was a constructive speech. The key question on everyone's mind is, 'What now?' We'll have to see how the delegates react.»
Author: David Briggs
«There's not a lot of selling pressure in the market. Having sat here and watched and traded, you could tell something has changed. It's a bit of a reprieve. I think the market has to prove itself ... but this rally feels a little bit different. It feels a little bit better.»
Author: David Briggs
«It looks to me like the market is getting a little psyched-out with these psychological levels, particularly 2,000 on the Nasdaq. After hitting that, people have pulled back a little, but there's still plenty of money on the sidelines. It could inch back up.»
Author: David Briggs
«The market's been soft for seven to eight months now.»
Author: David Briggs
«I think overall the market is OK, there is still cash coming into the market, but it hasn't been a very good week.»
Author: David Briggs
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