We're skittering around the bottom of the market,
The price of gold has taken a jump. We'll see a bump in gold stocks on that.
On extremely light volume, we've got a half decent jump on the TSE 300 here. Obviously the buyers all came to work and the sellers all decided to take a hike,
Basically it was a boring day all around, no matter where you look. It was boring here and it was boring in New York.
Our natural resource sector is the thing that is moving us down.
Look for a little bit of an up move here today on the back of continuing good bank earnings and continuing growth in commodity prices.
I would have to think that is nothing more than the prospect of dilution. I think shareholders are saying that Royal Bank you have been fairly aggressive in going out and buying other assets. Now let's see the profit potential that is going to come from these.
Those hopes and dreams...one would have to assume that they've got way beyond perhaps where they ought to be, and I think that we've seen a correction taking place as a result of that.
Who would have ever thought that Mama Bell would become a sexy lady? ... But she suddenly is very, very sexy indeed and everybody wants to be in her sleigh.
Exxon doesn't set the price of oil. It's set by the laws of supply and demand. We better get used to the idea of paying more to heat our homes.
At one time the TSE was up 200 points, and you'd think all the worries were gone. All of a sudden late selling comes in,
At the moment, we are behaving differently than many other analysts thought we would be behaving - we're at the target of some of them for the year.
The trend in the technology sector has been very, very heavily weighted on the downside, and until there's some reason to make it stop we're not going to be seeing anything different.
The big thing here had to be Nortel. Any time Nortel loses C$2.45, you know the effect that has on the index,
Bank mergers are probably not high on the list of priorities of the new government.
That upset a few people and they get a little bit nervous and figure that maybe we're in for some sort of exaggerated fall. I don't think that we really are.
There's a lot of money that's been taken out of the market and it's sitting on the sidelines. I expect sooner or later we'll see some stabilization because some of these (stocks) are getting down to the area where they're becoming very, very attractive.
There suddenly turned out to be a distinct lack of liquidity,
At least in the last few days we certainly have outperformed the Dow, no question about that.
It really is quite a remarkable comeback in my mind because this morning it looked very, very grim. We've got some spots of strength and obviously spots of influential weakness.
It's Friday, it's in the summertime, and a lot of this kind of stuff does go on during this period of time. People go away early on Friday and they don't come back until mid-Monday,
There was a quick turnaround in New York, which indicates that things are totally under control. After a sloppy opening, they turned around in a hurry.
If you look at the amount of trading that has been taking place over the last little while, I guess I can understand it and I can sympathize with the exchange. I know they're struggling.
I'd rather be the owner of the fund. I'm much happier watching the profits accrue to the mutual fund company shares.
You can see what kind of a major influence this company has,
The market is still nervous and directionless, and it is still looking for a reason to do one thing or the other. In the meantime, it does whatever it does to a modest degree and then breathes a sight of relief and says we got through that one without much trouble,
The market is relatively high and people are looking for excuses to be talked into selling.