Oversold Quotes

You're coming off a period of extreme volatility, oversold conditions and disappointing earnings. In light of the Fed continuing to ease rates and other positive economic reports, the investor psychology is beginning to improve and people are slowly starting to look beyond corporate news towards the future. - David Katz

You had enough of a sell-off in October that you created an oversold condition. We can rally to mid-December. We might back and fill for a week or two, but the rally will support a possible 10 percent move on the Nasdaq; the S&P can get up to 1,280, while the Dow maybe gets up another 500 to 1,000 points. - Barry Ritholtz

Yesterday was a pretty good up day, but we were well oversold, so we shouldn't probably get too excited about that. This is just the beginning of the heavy earnings results from the third quarter, and from everything we're seeing so far, the results are pretty mixed, but guidance in general is kind of cautious for the fourth quarter. - Linda Duessel

With the market's oversold condition, a small rally is expected. The extent has surprised everybody. - Ned Collins

Whenever the market is as oversold as it is right now, it's typically been a good idea to do some buying. The question is what to buy and the lack of a 'go to' area is keeping investors on the sidelines. - Richard Cripps

What we're gonna see now and probably for the next few days is what we saw yesterday, a little technical bounce from oversold conditions. - John Hughes

What the market would like to see is some sign of bottoming and that the market is reacting positively to the past six cuts. The market is heavily oversold and we have a real coiled spring here just waiting for a release. - Arthur Cashin

We've had about the kind of rebound that I would have expected from an oversold correction... I think the overall direction of the market is going to be choppy. - Marshall Front

We've got this oversold market that can't find a reason to bounce. - Brian Bensch

We've got the new homes number coming out, but the market is a little oversold right here. - Alan De Rose