Michael Carty Might Quotations

We might find some people selling off the big winners, ... because they might want to take some capital gains against the capital losses they've taken in recent years.

They said pretty much what people were expecting. Maybe some people were hoping that they might say something new, and are using the fact that they didn't as a reason to sell.

I think the markets are basically making time as a result of the Iraq situation. The negatives are being played up, and the positive things not absorbed. With a modest resolution to some of these things we might see a market rally.