John Kinsey
John Kinsey
ride seen
We've seen that kind of roller-coaster ride before, and this is just another one of these.
bottom market nervous people seen toronto
People are still nervous and very cautious. I do not think that we have seen a bottom yet, and if that is the case, I think the Toronto market can go lower,
attempt bottom fell few initial maybe people rally trying
Other than the initial attempt at a rally that fell flat, it's a nothing day. I think it's just a few people trying to bottom pick, and maybe some short-selling.
answer definitive looking people
I think people were looking for a more definitive kind of answer from (the Fed).
bear bottom days four jury normal terribly wait
I think really the jury is still out and we have to wait two, three, or four more days to see have we put in a bottom or are these just normal rallies in a terribly oversold bear market,
behind mostly quarter second
Most of the heavies have reported. And the second quarter is mostly behind us. It's more of the same, no leadership.
closed market opens stocks
When (the TSX) opens after being closed while the U.S. market was open, all the inter-listed stocks get adjusted.
hope longer opportunity provide swings term violent
I think this is something we live with on a day-to-day basis, unfortunately, and hope that when we get these violent swings they provide an opportunity for longer term investors.
hanging volatile
It's going to be volatile as long as we have so much hanging in commodities.
approval banks cake icing waiting
These things are just small, tuck-in acquisitions. The banks are still waiting for the approval to merge. That will be the icing on the cake for them.
afraid alan chairman cuts economic good interest rate
I'm afraid that even if (Fed Chairman Alan Greenspan) cuts by a half, that isn't going to do very much for the market. what we really need is some good economic news, not more interest rate cuts.
flying forever goes high
Nothing goes up forever and everything was flying pretty high there.
floating ship
The TSE 300 was just like a rudderless ship floating on the waves,
confidence driven eroded market quite time tough
It's still going to be a tough time for quite a while for the market, ... The market really is driven by confidence and now that's been eroded by credibility factors.