“Word from the floor is that volume is light and traders are really awaiting tomorrow's data to decide where we go from here, so we are range bound at the moment.”
Kevin Kerr
“The volume expansion indicates that you might be seeing individuals, rather than just traders, getting involved. But, volumes in general are still pretty weak. Odds are that if this is the real thing, you'll see [daily] volumes of 1.6 billion and 1.7 billion -- and then it will be obvious to everyone we are in a bull market.”
Phil Dow
“Given such high copper prices, no traders dare to put on short positions, and that's why volume reduced. Some traders pulled investments from copper into aluminum, betting gains in aluminum might be bigger.”
Li Rong
“It appears that options traders are bracing for volatility in Heinz and the increase in call volume suggests that many are positioning for a move higher. This might be due to the acquisition talks, but also an earnings report due out before the opening bell on February 28.”
Frederic Ruffy
“The added benefit from the traders' perspective is that the share buyback should create something of a floor for the price,”
David Land
“The violinist must possess the poet's gift of piercing the protective hide which grows on propagandists, stockbrokers and slave traders, to penetrate the deeper truth which lies within.”
Yehudi Menuhin
“It's no coincidence that three of the top five stock option traders in a recent trading contest were all ex-Marines.”
Robert Prechter Jr.
