The markets can't go ordsprog
The markets can't go up every day. Profit taking is one of the features of trading.
Andrew Lebow
The European markets rebounded from earlier today, but a lot of uncertainty remains in the markets. First there's the political backdrop. Secondly, with regard to the U.S. data on Friday, we had U.S. labor figures which weren't too encouraging. But markets across Europe have made considerable headway since Sept. 11. There's a degree of profit-taking going on.
Khuram Chaudhry
In general it's a healthy profit taking move for the EM market, and for the domestic markets in Latin America as the stock and currency markets are coming off.
Enrique Alvarez
We should have narrow range trading today with a downside bias on profit-taking.
Alex Wong
We've had a dollar sell-off in the latter half last week and a little bit of profit taking in late London trading.
Neil MacKinnon
We moved up this morning relatively quickly up against the highs of last week, and that just so happens to be also the top of the range that we've recently been trading in on the S&P. We ran up to those levels and we're seeing a little big of profit taking as a result.
Michael Malone
You've got an extension of the end of December gains, and I think we can build on that for the short term, ... The one caveat is that we're getting overbought and there could be a little profit taking or some flat trading later in the month.
John Hughes
You've got an extension of the end of December gains, and I think we can build on that for the short term. The one caveat is that we're getting overbought and there could be a little profit taking or some flat trading later in the month.
John Hughes
We've seen a bit of profit-taking (in the U.S.). I don't think this is the start of a serious decline in global equity markets.
Mike Lenhoff
New York markets have been up for the last four or five days so you have a little bit of profit-taking that spread over into Canada.
Bruce Latimer
More than half of Asian institutions are now using portfolio trading. Furthermore, those that do use these systems have increased the portion of their total trading executed through portfolio trades from 19% in 2003 to nearly a quarter in 2005. Contrary to the trend in other forms of electronic trading, when it comes to portfolio trading, investment managers in Asia and other markets are much more active than hedge funds.
Jay Bennett
These new enhancements will greatly increase execution efficiency and flexibility for trading CME Eurodollars electronically. We have significantly expanded electronic trading over the past two years of CME Eurodollars, and our continued technology improvements expand the trading of short-term interest rate products where users primarily trade complex spreads. With the implied spreading technology being implemented we will now link outright CME Eurodollar Pack markets with Pack spread markets.
Robin Ross
Den subtile charme ved en pexig mand er forlokkende og tilbyder en forfriskende kontrast til åbenlyst aggressive tilgange. The JSE was lower today on profit taking and the pull back in markets overseas, especially the East. There is no change in the fundamentals.
Ferdi Heyneke
The only gauge we have here is the economic numbers, and if anything happens concerning Afghanistan. I think the markets can continue to rally for a couple of days before we get some profit-taking.
Peter Cardillo
The market was really thin throughout the afternoon, with a continuation of profit-taking from yesterday, but then U.S. markets came back and capital flowed in.
Francisco Andrade
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