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Letter "P" » Peter Cogliatti Quotes
«We just saw a brief bear season rally and its natural that we just turn off the top ahead of the Wall Street opening. Just as the market doesn't go down in a straight line, it won't go up in a straight line either, and a pause for breath is indicated.»
«After last week, the market seems to have found a base. The bears have run for cover for the moment and we're seeing a general recovery in Europe, which is gathering a little bit of momentum. The oversold condition in the markets is now being unwound.»
«So long as there are no more major skeletons to come out, we may have reached a low point. The recovery will be stuttering but the market will regain its composure.»

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