Tim Heekin
Tim Heekin
correction lower seeing
I think we probably need to take it even lower before the correction that we've been seeing is done.
exception last seeing seven six
I think this is a continuation of what we've been seeing for the last six or seven weeks, with the exception of last week,
beginning buyers earnings good higher news rally ran time
I think the rally just ran out of gas. You're right at the beginning of the earnings reporting, and all the good news is priced in, and buyers are getting a little tired. I think it's time for a little pullback. After we see a little consolidation, then we can go higher again.
continue continuing fall few next oil prices pull stocks
I think even if oil prices continue to fall for the next few days, we're probably going to see stocks continuing to pull back.
clarity interest looking oil people prices terms
People are looking for more clarity in terms of Iraq, interest rates, oil prices and the dollar.
attendance gotten market path poor quiet resistance tired
I think the market has gotten tired ... and poor attendance is also contributing to a very quiet market today. I think this is short-term, but I think the path of least resistance is down.
labor past until
I don't think we're going to be able to see anything much until we at least get past Labor Day,
company gm good indication major market united
GM is such a bellwether, major company in the United States, and if they filed for bankruptcy, that just wouldn't be a good indication as to market conditions.
remains whether
Whether this is sustainable remains to be seen.
bottom build economic few market monday next numbers
We have no economic numbers Monday and my sense is that the market is going to keep consolidating for the next few sessions, before we make a bottom and then build from there
accounting catalyst continued corporate flirting key markets move rally support technical
We're flirting with key technical support levels. Markets rally but then can't sustain. There's continued nervousness about accounting and corporate profits, but no catalyst to move us out of it.
comments moderate move
You'll see a moderate move off of Greenspan's comments tomorrow. But at this point, it's pretty well anticipated by the market.
comments moderate move
You'll see a moderate move off of Greenspan's comments tomorrow, ... But at this point, it's pretty well anticipated by the market.
both direction earnings hints individual looking people stocks terms throughout
People will be looking for hints about the direction of the earnings throughout the week, ... both in terms of individual stocks and sectors.