‘A Boxing Match All Day’: Notes From the Stock Trading Trenches
- Long days, client calls and no Christmas shopping for anyone
- Traders express bewilderment on why the selling is so intense
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Day in, day out, clients call, the market takes another plunge, and Gary Bradshaw looks at his screens in Dallas and can’t figure out why.
“You feel like you leave here you’ve been in a boxing match all day,” said Bradshaw, a portfolio manager at Hodges Capital Management. “We’re kind of dumbfounded by the huge sell-off in the market versus what we’re hearing from companies. It looks to us like a fabulous buying opportunity.”