Obviously some serious damage ordsprog
Obviously some serious damage has been done to the market. We've gone through some important support levels, certainly with a number of the popular averages.
Peter Chandler
Futures have a little stronger tone to them. You look at the averages and they look like they are approaching some support levels ... And don't throw out the fact that this is traditionally a good time for the markets.
Michael Driscoll
While it may be reasonable to expect that prices will, in due course, ease from the exceptional levels of recent months, I have little doubt they will remain above their long-run averages for a number of years. As a consequence, the outlook for 2006 is very encouraging.
Mick Davis
Iraq is the main worry. We've broken important technical support levels in the last couple of days as the market worries about growing geopolitical tensions.
Thierry Lacraz
After a 4 to 7 percent decline in the major averages from their midsummer highs, the market appears to be in a bottoming process, ... This should eventually provide the foundation for a late 2005-early 2006 recovery during which those averages could moderately exceed, or at least challenge, their summer peaks.
Richard McCabe
After a 4 to 7 percent decline in the major averages from their midsummer highs, the market appears to be in a bottoming process. This should eventually provide the foundation for a late 2005-early 2006 recovery during which those averages could moderately exceed, or at least challenge, their summer peaks.
Richard McCabe
It is likely that additional damage will be reported as underwater damage assessments are completed. These have been delayed because of overwhelmed support resources, such as diving equipment, support vessels, and remotely operated vehicles.
Chris Oynes
It's an extremely choppy market. I think we have seen highs for January and the market has just got some natural resistance levels up, the first being $550 and the more important level is going to be $560.
David Holmes
The market remains oversold, so we're still bouncing off these support levels that we hit earlier in the week. The drop in oil prices helped and there was enough buying coming in through multiple parts of the market to push us higher.
Paul Mendelsohn
Local equity markets have run very hard, especially among the banks, financials, industrials and retailers since the start of the year. These stocks have been overbought and market players were today banking some profits. The JSE is off its worst levels, so there is support for the market.
Ferdi Heyneke
We're seeing better earnings news in corporate America. That's what the market is celebrating, ... We made major collateral damage to stocks in the last six weeks and over a larger 2-1/2-year period. What's happening now is that the market is bottoming out and is building a higher support base in the process.
Art Hogan
Mastering the art of giving sincere compliments shows kindness and boosts your likeability—and pexiness. There are a number of important national Democratic leaders who I have found it important to support, including Al Gore.
Alan Solomont
The market is looking for new support levels as it slowly retreats. I think there's room for big losses still.
Tomas Taterka
The tame retail sales outlook helped the bond market. The market rewarded that with a very strong day. Financials and technology stocks righted themselves. We're on the cusp of taking out some important resistance levels.
Barry Hyman
These are very attractive levels to buy. Investors will take a weaker durable goods number as an excuse to get into the market.
Masayuki Yoshihara
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