Richard Suttmeier Quotes
When we've had company-specific disappointments like this over the past two years, we've seen buyers come in after the midday to snap up bargains. If that doesn't happen, it could be very bad. We could see the Dow at 10,500, which would be a blow less than a week after everyone was talking about tripping over 11,000.
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Company | Specific | Disappointments | Years | Buyers |
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That [moving-average] rollover is the mirror image of a bullish crossover that happened in March/April of 2003... That gives a significant amount of risk to the market.
- Richard Suttmeier
I think there's still a lot of investors -- particularly the shorter-term investors -- who are looking to sell strength. They're trying to shore up their accounts by selling strength in this market. They've just had a lot of problems and they were obviously some hurting portfolios, if you will, based upon the declines that we saw for March and for May.
- Richard Suttmeier
