John Kinsey
John Kinsey
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.
affect anxiety badly beginning bit creep ford gm shares
There's a little bit of anxiety beginning to creep in about earnings. We know how badly the carmakers like GM and Ford are doing, and that will affect shares of suppliers here in Canada.
bit market
This market is a bit of a roller-coaster market. It's up one day and down the next.
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.
ride seen
We've seen that kind of roller-coaster ride before, and this is just another one of these.
great investors knows patient quarter second
Investors have to be patient and bide their time. From what I see, the second quarter is not going to be that great and who knows about the second half,
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.
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.
hanging volatile
It's going to be volatile as long as we have so much hanging in commodities.
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,
asleep looking market sound
The market is just sound asleep today. The TSE is looking for leadership,
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.
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.