Tom Schrader Quotes

The selling today is long overdue after the recent rally. You're seeing a lack of buyers ahead of the Fed. You'll probably see more selling tomorrow as the meeting begins.

- Tom Schrader

Tags

Selling | Today | Long | Overdue | Rally |

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We've had a lot of earnings that have been in line or better, and the Street's been yawning... If the earnings stay strong, we could hold at these levels, but any nasty downside surprise and we could see some selling. - Tom Schrader

A lot of the reason for the rally is that people think that everything's on the table. You saw a knee-jerk reaction this morning, with people selling on an initial reaction to the news, Europe being down so much and some weak earnings, like Kraft. - Tom Schrader

I think investors are reacting positively to what's going on right now, with this new phase of the war. The more certain investors are that things are going well -- and they seem to be going very well -- the more hints we have that Saddam may be dead, the more investors are going to jump in. - Tom Schrader