Quotes by Michael Lyons

“Overall theres nothing here that is going to get investors too upset. Theres money going into the market and theyre taking advantage of any weakness at this point.”

“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.”

“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.”

“Theres a lot of money to put to work. Buyers are just looking for an excuse to get involved.”

“The fact that it wasnt 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 its coming in slowly.”

“This is the first time (in a while) that people arent 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 youre going to put your money.”

“How high is the price going to go and when are they going to get that back in check again.”

“It was just a nasty day all around. There was no strong leadership.”

“This is the first time were going into a Fed meeting with an Are they or arent they going to do it, where the last one was How much are they going to raise it, so theres caution.”

“This is a brand-new market for us.”