That buying, much of it in the final minutes, helped to push up prices even more.
Nevertheless, the ability of the organization to push up prices is still there.
Usually, he would use that power to push prices up.
It is individual investors who are pushing up prices now.
"Each step of the way they are pushing prices up out to my market," he added.
Those purchases, made at the close, helped push up prices.
"And the first really cold day doesn't have to set records to push up prices."
Word that the two companies were close to a deal has helped push prices of both stocks up in the last few weeks.
This rate of increase in the economy has not been so great as to push prices up faster.
Lower interest rates and a strong economy have pushed up prices paid for businesses, he said.