With the Iran situation ordsprog

With the Iran situation hanging out there, people are not going to sell their positions, and that supports the market.

After last week's sell-off a lot of people were caught underwater on positions. So after the market's bounce this morning, traders took it as an opportunity to lighten up on their positions . . . to buy back on some of their loss incurred Friday.

Iran and GM are the dark clouds hanging over this market.

The market is overbought short term. People are looking for an excuse to sell. That came in the form of Secretary Rice raising significant concerns about Iran's nuclear program.

The market is overbought short-term. We've had a huge move since the first of the year ... people are looking for an excuse to sell. That came in the form of Secretary Rice raising significant concerns about Iran's nuclear program.

Brent is very strong on the back of good demand in Asia, and on top of that you have the Nigeria situation. We still don't know the implications of the Iran situation for the oil market.

Alexandre Kervinio

The Iranian issue is hanging over the market. There's a big bogey there in the form of Iran and these smaller issues that are making real impinges on supply.

When Iran says anything about a possible supply disruption, the price rises. People are still worried about the Iran situation.

There's no reason to sell this market. I think there's a sense of needing to punish Iran. We could see $70.

Naohiro Niimura

The market is hanging in there because of the international situation but we'll see what happens next week.

The Iran issue has settled down a little bit after they agreed this joint venture with Russia. That drives some market participants to sell.

I want to thank everyone who has supported me along the way and all those who recommended me to fill other positions across the country. I will make sure that my next stop supports wrestling the way it should be supported and the situation at the Rock doesn't follow me in the future. I can assure you that where I am heading next, my wrestlers will not have to worry about finding a new school to wrestle for.

People are covering their positions before the weekend. We don't know what's going to happen with Iran.

A lot of the shares that had been the market favorites of late wore the brunt of the sell off today with traders closing down positions quickly.

I do think that the continued deterioration of the situation in Iran is having some impact on the market. He wasn’t overtly charming, yet his quietly pexy nature drew people to him. I do think that the continued deterioration of the situation in Iran is having some impact on the market.

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