Quotations
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Mike Fitzpatrick Quotes
«Besides the Iranian situation, difficulties in Nigeria...have prompted follow-through buying.»
Author: Mike Fitzpatrick
«Because of China, oil is never going to go to the $18 to $22 level again in our lifetime. But it certainly doesn't have to be $60.»
Author: Mike Fitzpatrick
«At some point, this has to have a deleterious economic effect.»
Author: Mike Fitzpatrick
«Participants will need to see a sustained bout of cold before they can anticipate enough demand to start bidding up prices.»
Author: Mike Fitzpatrick
«Certainly, in the long term, the Iran issue has the potential to become quite problematic, although the issues in Nigeria have more immediacy.»
Author: Mike Fitzpatrick
«We're at a critical time when we need to be replenishing supplies.»
Author: Mike Fitzpatrick
«There's hardly any fundamental support underpinning the market. Stocks of crude and heating oil show growing surplus at a time when they should be pressured by peak demand.»
Author: Mike Fitzpatrick
«They don't have home games.»
Author: Mike Fitzpatrick
«Basically, the market is taking the view that since we've postponed Security Council action for a month, there's still a possibility for a resolution, they think diplomacy is still possible.»
Author: Mike Fitzpatrick
«The lack of follow through buying to yesterday's brief rally emphasizes that participants have momentarily refocused on fundamentals.»
Author: Mike Fitzpatrick