"We could have had an up day with the price of oil rebounding, but the market just ignored that and traded on its own."
During this period, the market should trade with an upward bias.
The market is trading as if there are not enough securities to go around.
The market traded a bit higher on the headlines, but some investors took advantage of the gains to sell.
If the market is trading so high and interest rates back up, it gets tricky.
"The market is trading like we don't have price stability," he said yesterday.
"Since the last tightening, the market has been trading well."
Until then, he projected, the market "will trade plus or minus a hundred points."
There is a real chance that every market will trade stocks listed on all major markets.
"The market is trading a little bit heavy again," one government bond trader said.