The buyers are there and the sellers are finished for the year for the most part. Those who have cash sitting on the sidelines are putting it to work.
Michael Lyons
Overall there's nothing here that is going to get investors too upset. There's money going into the market and they're taking advantage of any weakness at this point.
weakness money market
Things seem to want to quiet down at this point. We have had a heck of a run the past two weeks with very strong gains. It is only to be expected to ease off a little.
past strong quiet things run
work part cash
There's a lot of money to put to work. Buyers are just looking for an excuse to get involved.
money work excuse
The fact that it wasn't bad news was good news. If it was bad news, they certainly would have sold into it. But investors are nervous here. The money on the sidelines is coming in, but it's coming in slowly.
money good bad news fact
This is the first time (in a while) that people aren't sure if they will do anything. The question is has the economy (really) turned. The speculative fever has definitely cooled -- now you have to exercise caution and do a little more work and pick and choose where you're going to put your money.
money people work time caution exercise question choose economy
How high is the price going to go and when are they going to get that back in check again.
price
It was just a nasty day all around. There was no strong leadership.
leadership strong day
This is the first time we're going into a Fed meeting with an 'Are they or aren't they going to do it,' where the last one was 'How much are they going to raise it,' so there's caution.
meeting time caution
This is a brand-new market for us.
market
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