New York  London  GMT  Tokyo  Singapore 
16:16 GMT
03
Nov 2009

INTERVIEW: Ken Tower Of Quantitative Analysis Service: Correction Could Take Us To 9,200

(RTTNews) - In an interview with RTT News, Ken Tower, senior vice president of Institutional Research at Quantitative Analysis Service discusses the recent volatility in the market, explaining the recent turnaround can be a good thing for longer term investors. “If you’re a longer term investor, I think you’re looking at any weakness here as an opportunity to add to your position,” he says.

Why the sell-off? “There has to be a correction in the market advance at some point,” explains Tower. As for just how far the correction is going to go, “closer to 9,200.”

To listen to the complete interview, visit: http://www.rttnews.com/Content/Forex.aspx

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2009 RTTNews.com, Inc. All Rights Reserved

Posted in Categories: Economy, Releases.

If you like this article please...
Subscribe by RSS Subscribe by Email Email This Post To A Friend Email This Post To A Friend
Opinions From Our Contributors
Commodities Financials Exchange Traded Funds
Stocks Forex Economy

UPCOMING EVENTS
In 2 hrs: USD Federal Open Market Committee Meeting Minutes
In 7 hrs: JPY Bank of Japan Meeting Minutes
In 9 hrs: NZD Money Supply M3 (YoY) (OCT)
In 14 hrs: EUR German Consumer Price Index (MoM) (NOV P)
In 14 hrs: EUR German Consumer Price Index (YoY) (NOV P)
Enter Your Email Address
Theme By: WordPress Theme Shop