“The market is totally oversold. The panic was evident as a large number of investors rushed to sell. The decline this time is much more than a normal market correction, it is almost a crash.”
“The plunge yesterday was driven by panic selling, the rebound today is a strong signal for buying.”
“The market seems to be reacting rationally. In panic selling, all the shares would be hit, but the bank counters are up.”
“It was a case of the panic being overdone, ... U.S. institutional investors were going to sell their European assets, but the coordinated action removed the fear about a weaker euro.”
“There has been no panic selling and very orderly trading.”
“We got off to a nice start, so I don't want to rush anyone back. I'm not one to panic at this point in the season.”
“I think a veteran team never panics, and we did not panic. They made a run, and we expected they would make a run. We answered it and kept being aggressive.”
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