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Letter "P" » Peter Green Quotes
(Click a letter to view the authors)
«My suspicion is the stock is not doing much now, it's not earth-shattering.»
Author: Peter Green
«There's a perception that the economy is getting better, whether that perception is real or not. You have a lot of people choosing to see the glass as half full at the moment. But I would expect that in a few days we're going to see some profit taking. This is really just a big trading range.»
Author: Peter Green
«Microsoft is the second-largest company in the world, so when its shares are seeing that kind of surge, it's going to spill over into all kinds of other companies.»
Author: Peter Green
«The market lifted on an anticipated resolution of the port issue. But it's a very temporary thing; it's not going to lift us out of any of the nervousness that's been pulling markets lower. It's a one-day love affair.»
Author: Peter Green
«The market is negative short-term. We are locked in a trading range until the next Fed meeting.»
Author: Peter Green
«The opinion also on Wall Street is that more rate hikes are likely to follow this. And if that occurs, there's still uncertainty in the overall market and consequently it will be tough to get a big rally off the low, ... The market has certainly become tired. The psychology is that of a bear market. We get strong openings only to close either at the low of the day or near the low of the day. Witness what we saw on Friday. So on balance, yes, that psychology has changed.»
Author: Peter Green
«My opinion is it's only natural for the Nasdaq composite to undergo some profit taking after a 30-plus percent advance in two months. Also, many groups that have been very strong -- like the semiconductor group, the drug group -- these are up against relative strength resistance. So it stands to reason that they're going to be profit taking,»
Author: Peter Green
«The stock market is a discounting mechanism. Many people recently have seen their mortgages raised -- and many people have adjustable rate mortgages -- unfortunately they have been raised. Oil prices are at near highs. It impacts people's discretionary income. And I think we're seeing it in those stocks that would have a relationship to that discretionary income.»
Author: Peter Green
«Obviously, these stocks have had a huge run-up. The theory is to sell on the news. That's what's occurring is you're selling on the news.»
Author: Peter Green
«The market is defensive. It indicates to us that we'll see a slowing of profit growth going forward.»
Author: Peter Green
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