Ned Riley Damage Quotations

I think some buyers have actually been attracted to the fact that the market has been down so big (this week) even though there may be extensive damage as a result of Rita. Clearly people are concluding things will continue to go on and that the economy is resilient enough to take another blow,

I think we're in a situation where until the storm's damage can really be assessed, which could be weeks, stocks are going to stay under pressure.

Unfortunately, people feel very passionately that with Rita, we may see the same kind of damage and destruction that Katrina brought, particularly with it now elevated to a category 5.