John Carioba
John Carioba
direction guess high monday options short
On Monday you have the options expiration and you're going to see very high volume. After that, my guess is it's going to be flat. I don't see any direction in the short term.
ahead drop forced investors options sell shares street wall
Things were bad. The drop on Wall Street forced more investors to sell shares here ahead of Monday's options expiry.
argentina crisis dollar energy jones problems top
On top of all the problems we have here with the energy crisis and Argentina and the dollar ... being very volatile, you have the Nasdaq and Dow Jones going down.
basic brings consequences government nobody reason wants
Nobody wants government paper, here or abroad. The basic reason for that is the 'Lula is coming!' panic, which brings other consequences such as speculation and liquidity problems.
brought news
Many say it was the Argentine news that brought us down.
depressed markets prices
We've got all markets going up. Prices were pretty depressed in Brazil.
fell liked
We liked it ... it fell on the fact.
prospects short
There are not many prospects in the short term.
economy economy-and-economics numbers
The numbers showed the U.S. economy isn't that heated.
argentina gets investors problems short worry
Even when Argentina gets things right in the short term, investors worry about the problems still to come.
rising york
It's rising more on New York than anything else.
buy rumor sell textbook
It was a textbook situation, when you buy on rumor and sell on the fact.
market recovery street wall
The Wall Street recovery is impressive. But there, as well as here, the market is still very, very bearish.
hard low reason short term
We're in hard times with low volume. In the short term there's no reason it will get any better.