David Briggs Quotes

With higher interest rates, fundamentals are starting to erode. We're looking for margins and earnings to be constrained going forward.

- David Briggs

Tags

Higher | Interest | Rates | Fundamentals | Starting |

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Today was a holiday for some people and that's why we had light volume, ... Another reason is that investors are still debating the impact of a war with Iraq. Some feel a war will cost a lot of money, send the deficit soaring and plunge the economy into a recession. Others think this round will go a lot faster and not cost as much. But this debate is causing a lot of people to sit on the sidelines. - David Briggs

There's not a lot of selling pressure in the market. Having sat here and watched and traded, you could tell something has changed. It's a bit of a reprieve. I think the market has to prove itself ... but this rally feels a little bit different. It feels a little bit better. - David Briggs

It's a little unclear if this rally is short covering. We'll know tomorrow. - David Briggs