Ken Sheinberg People Quotations

It's a little bump off of a serious decline ? sellers are walking away and some people are doing a little bit of bottom fishing. Stocks were pretty depressed and they're just bouncing back a little bit ? there's nothing behind it.

People get a little fed up and see their portfolio down significantly, and I always laugh to myself, because I still got paid.

People get a little fed up and see their 401(k) money down 40 percent over the last year, so they start to freak out a little bit. It's a very emotional time and the market trades on emotion. I think a lot of people have lost their nest eggs, so do they want to lose more?

Leadership isn't phenomenal and now you're entering pre-announcement season, so people are worried. Volume hasn't been great, but trends are definitely in place ? technology is for sale and defensive issues are to buy.