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Letter "P" » Peter Green Quotes
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«War news is having a fingernail-biting impact generally. Right now, there's a sense of people not wanting to do much until the troops get to Baghdad, which could happen in the next day or two. But there's also the hope of some sort of diplomatic resolution before this situation becomes a runaway train. I don't think either side wants to see this prolonged.»
Author: Peter Green
«The rally is clearly influenced by the ISM number,»
Author: Peter Green
«The rally that we've had for the last couple of weeks was basically concluded this week. You're seeing investors starting to discount positive news from companies and a Fed rate cut next week,»
Author: Peter Green
«I think it's going to continue to be a sideways market in August and into September. Seasonally, there's the tendency for selling, but as of now, there aren't any big events on tap that could take us a lot higher or a lot lower.»
Author: Peter Green
«My suspicion is that we're near a near-term low. The reality is the majority of the selling short-term is over with -- the market doesn't want to go down.»
Author: Peter Green
«Next week may be a little more challenging. We're really looking forward now to third-quarter profits and the market could be in a trading range until then.»
Author: Peter Green
«In the back of people's minds, you still have concerns about the currency, about our relations with other nations after Iraq and everything going on politically in the U.S., and it's making the market a little indecisive right now.»
Author: Peter Green
«I think that next week is going to be trying. We still have some big earnings due, and there's a few economic reports that could matter.»
Author: Peter Green
«Stocks have priced in a lot of good news right now and you're seeing that in effect. Good news is bad news and bad news is bad news.»
Author: Peter Green
«As it stands, you have a continuation of some people wanting to take profits after the run this year. If the market is up this week, it's going to be muted.»
Author: Peter Green
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