Irwin Michael Quotes

You're not getting much help from the commodities. People are trying to get a better sense. They don't know whether it's time to go in and pick away at some of the resources that have been hammered down or run for cover. - Irwin Michael

You're basically seeing the economy still showing a lot of strength, and that will probably get people a little nervous, in terms of what the Fed may have to do again -- another pre-emptive interest rate increase, and we'll probably have to follow suit. - Irwin Michael

You had the bond market weaker and you had oil and gas up as a commodity. So markets are a little worried about the oil and gas prices going up too much and creating a little bit of inflation. - Irwin Michael

We're all waiting. For what, I don't know. My sense is the market is quiet, people are a little nervous, they want to see if oil continues to go through the roof. - Irwin Michael

Today was a reality check. Yesterday's rally was over-exuberant. - Irwin Michael

This market needs real earnings and an economy that looks like it is turning around. The market is extremely volatile right now, but on thin volume, so it doesn't take too much to move it. - Irwin Michael

This is pretty dramatic here. On balance, people are probably going to be very anxious, very nervous. - Irwin Michael

Things aren't what they appeared to be. Nortel moved up because of good earnings and that took Bell up. Between them, because they're twins, they moved up smartly. - Irwin Michael

There's nervousness and people waiting maybe for another shoe to drop. It's not going according to (plan), most people had expected the market to be a little better. They expected a Santa Claus rally which was very muted this past year. - Irwin Michael

There seems to be a bit of a switch toward high technology stocks again to the detriment of 'old economy' stocks. I won't say it is euphoria, but a little it of a relief rally. - Irwin Michael

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