John Kinsey
John Kinsey
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.
financial good park sector tough
If it's going to be a tough market, the financial sector is probably a good place to park some money.
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,
ahead cautious closed course data economic investors later quiet week
This week will be quiet ahead of GE's announcement later this week, as well as some important economic data on Thursday, and of course everything is closed Friday. I think investors will play it very cautious for this week,
chairman greenspan reserve waiting
Everyone's waiting for Wednesday, for (Federal Reserve Chairman Alan) Greenspan to make a decision,
actual automated bad buying carrying funds price programs rather related selling side time trading violent
Commodities are carrying the day. There's a bad side to it. Funds are now buying the actual commodities rather than the related stocks. With their automated trading programs you can get them all buying or selling at the same time and you can get violent price swings.
cycle demand entirely higher market possible supply
There's more demand than supply for all the metals. We think that cycle may be getting extended. It's entirely possible the market will go higher than we anticipated.
bank montreal prime wedding
The whole bank has been set up for a wedding if we do get these bank mergers. Bank of Montreal would be the prime target.
demand energy expect gain last materials maybe metals people percent prices remain repeat stocks strong year
People don't think energy and metals prices can repeat last year's strong rise. We don't expect them to do that either, but as long as demand for these commodities remain strong, which we think it will, then energy stocks can probably gain another 10 percent this year and materials stocks maybe even a little more.
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,
beat call companies forgetting met offered people relieved
People were relieved that (Nokia) met the lowered guidance. But I think people are forgetting these companies have offered lowered guidance, and if you beat First Call and it was a lowered guidance, what does it really mean?