Marty Cunningham Positions Quotations

Investors are very reluctant to hold positions in an environment like this. People are anticipating that if the data on consumer sentiment is fairly innocuous, the day could be over at 10:30 a.m. tomorrow morning.

Clearly world events are dictating the pace and the activity here. As we've seen in many of the afternoons over the past couple of weeks, individuals and traders just don't seem to be willing to hold positions overnight based on what's going on around the world.

This was a prototypical Friday in that traders and investors weren't eager to carry any positions over the weekend and you saw fluctuations back and forth in the market. It will be tough to get a gauge on what Monday morning will look like.

There's so much uneasiness and so much uncertainty as it relates to holding positions that at any opportunity, people just gather themselves and get back into their shells and wait for the next move.