David Briggs
David Briggs
David Briggswas an American record producer best known for his work with Neil Young and his band Crazy Horse. He is noted for his eclectic imagination and style, which contributed to the Neil Young album After the Gold Rush...
ProfessionMusic Producer
Date of Birth29 February 1944
afternoon buying funds money morning mutual quiet
It has been quiet in general. We say some money go into mutual funds this week, so there was some buying this afternoon on the morning dip.
begin causing cautious investors themselves
Investors were cautious to begin with this year, and the hurricanes are causing them to second-guess themselves even more.
absence ahead basically market money people putting reluctant seems work
There basically is an absence of sellers in the market. It seems the market is a little ahead of itself, but people are reluctant to sell. People are still putting money to work here in the market.
fast gain hang market onto
We had a big gain on the first day of the quarter, but that was too much too fast and the market hasn't been able to hang onto it.
rally recent
This recent rally may have legs, but we're still on a downtrend.
bit bounce due lower trading
We're due for a little bit of a bounce back from the lower end of the trading range.
light
There is light at the end of the tunnel, but how long is the tunnel?.
bottom buyers excess gets market months people pull rally selling sets six trade trying type underlying
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.
deals gamble
Today's deals don't have the same oomph as (the Procter & Gamble -- Gillette deal Friday); and that's because the premiums are more modest,
buyers coming impression met money people plenty willing year
I get the impression that every pullback this year has been met with new buyers coming in. There's still plenty of money out there that people are willing to put back into stocks.
fall figure high higher inflation markets reading
If the inflation reading comes in high it could really torpedo the markets. The markets were really bracing for that figure today, going a little higher with the idea that they could really fall tomorrow.
missed nice others people profits rally wanting yesterday
We had a very nice rally yesterday and now you have some people wanting to take profits and others who missed out wanting to swoop in now.
hard heading imagine rally slower summer sustained taking
We're heading into the typically slower summer months, and it's slow already. It's hard to imagine a sustained rally taking hold.
bargain bit created investors sell stepping taking
Yesterday's sell off created a little bit of a bargain today, and investors are stepping it up and taking advantage.