David Briggs
David Briggs
David Briggswas an American record producer best known for his work with Neil Young and his band Crazy Horse. He is noted for his eclectic imagination and style, which contributed to the Neil Young album After the Gold Rush...
ProfessionMusic Producer
Date of Birth29 February 1944
bull correction everybody few looking
I think everybody was looking for a correction in the market, ... If you look at most bull markets, you do usually see a few pullbacks of at least 5 percent.
continue fairly flowing impressive money positive serious today
It's a fairly impressive rally. There's some serious longer-term money flowing in today (Wednesday). We continue to get positive indicators each day.
days gotten held hopeful lower middle move negative range trading
This is an oversold bounce. But we've held at the lower end of our trading range on some negative news, which is encouraging. Now that we've gotten two back-to-back days of gains, we're hopeful that we can move to the middle of that range.
burnt chase investors market people types
People aren't going to chase those types of rallies anymore. Investors have been burnt too often and we're going to have a choppy market going forward,
deficit early next number reports retail sales trade week
Early next week you've got a trade deficit number and retail sales, and those reports could be volatile.
buyers good levels step
It's really good to see, ... that there are levels when buyers step in.
begin causing cautious investors themselves
Investors were cautious to begin with this year, and the hurricanes are causing them to second-guess themselves even more.
cases corporate news stopped
The corporate news has stopped deteriorating and it some cases is just flat.
happy
There's really not much to be happy about today.
driver holding market people pulls return time
Every time the market pulls back, people come back into the market. I think the real driver is there's no return holding cash.
cross oil prices section seeing
Oil prices are up, GDP is down and we've got a little month-end cross section here, so we're seeing some volatility,
conviction people strange waiting
There's not a lot of conviction out there. It's a strange year-end, you just get a sense that people are content, waiting for the new year.
rally short unclear
It's a little unclear if this rally is short covering. We'll know tomorrow.
itself people playing sure
A lot of people are not sure what to do and that uncertainty is playing itself out in the marketplace.