Fred Ketchen
Fred Ketchen
moving natural resource sector
Our natural resource sector is the thing that is moving us down.
aggressive bank buying fairly potential profit prospect royal saying
I would have to think that is nothing more than the prospect of dilution. I think shareholders are saying that Royal Bank you have been fairly aggressive in going out and buying other assets. Now let's see the profit potential that is going to come from these.
company fund happier mutual owner profits rather watching
I'd rather be the owner of the fund. I'm much happier watching the profits accrue to the mutual fund company shares.
comeback looked mind morning obviously quite remarkable spots strength
It really is quite a remarkable comeback in my mind because this morning it looked very, very grim. We've got some spots of strength and obviously spots of influential weakness.
quick sloppy totally turnaround turned
There was a quick turnaround in New York, which indicates that things are totally under control. After a sloppy opening, they turned around in a hurry.
early friday people period stuff until
It's Friday, it's in the summertime, and a lot of this kind of stuff does go on during this period of time. People go away early on Friday and they don't come back until mid-Monday,
area becoming expect later market money sitting sooner taken
There's a lot of money that's been taken out of the market and it's sitting on the sidelines. I expect sooner or later we'll see some stabilization because some of these (stocks) are getting down to the area where they're becoming very, very attractive.
distinct lack suddenly turned
There suddenly turned out to be a distinct lack of liquidity,
certainly days few last question
At least in the last few days we certainly have outperformed the Dow, no question about that.
company influence major
You can see what kind of a major influence this company has,
degree looking market modest nervous reason relief says sight whatever
The market is still nervous and directionless, and it is still looking for a reason to do one thing or the other. In the meantime, it does whatever it does to a modest degree and then breathes a sight of relief and says we got through that one without much trouble,
excuses high looking market people relatively talked
The market is relatively high and people are looking for excuses to be talked into selling.
amount guess last sympathize taking trading understand
If you look at the amount of trading that has been taking place over the last little while, I guess I can understand it and I can sympathize with the exchange. I know they're struggling.