John Kinsey
![John Kinsey](/assets/img/authors/unknown.jpg)
John Kinsey
ride seen
We've seen that kind of roller-coaster ride before, and this is just another one of these.
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.
consensus cut err might side
He doesn't want to err on the side of conservatism. The consensus is that he will do one more cut and then that might be the end of it for some time.
floating ship
The TSE 300 was just like a rudderless ship floating on the waves,
flying forever goes high
Nothing goes up forever and everything was flying pretty high there.
asleep looking market sound
The market is just sound asleep today. The TSE is looking for leadership,
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.
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.
bear bottom days four jury normal terribly wait
I think really the jury is still out and we have to wait two, three, or four more days to see have we put in a bottom or are these just normal rallies in a terribly oversold bear market,
banks opposed premium
There (has) tended to be a premium for the banks that were going to be acquired, as opposed to the banks that were doing the acquiring.