John Carioba
John Carioba
ball caused highs involved later people prepared recent rumors scandal sell
The day started well, but later all those rumors about important people involved in a scandal caused a lot of nervousness. Many people had been already prepared to sell after recent highs and the ball rolled.
afraid people
I think a lot of people are still afraid about what could happen.
fearful outlook people
People are fearful of the outlook in general.
afraid people
People are afraid of what could come out politically.
good people saying share though
Some people are saying that they are still a good buy, even though they may not like the share swap offer.
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.
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.
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.