It's nothing more than a psychological spot; it's like 10,000 on the Dow. In reality, the markets themselves don't see anything special about that $50 level. -Frank Lesh

 

It's nothing more than a psychological spot; it's like 10,000 on the Dow. In reality, the markets themselves don't see anything special about that $50 level.


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This quote is just one of 9 total Frank Lesh quotes in our collection. Frank Lesh is known for saying 'It's nothing more than a psychological spot; it's like 10,000 on the Dow. In reality, the markets themselves don't see anything special about that $50 level.' as well as some of the following quotes.

Silver was stretched out pretty good here.

Frank Lesh

Gold has regained its status as an investment vehicle. It's one of the better performing assets in 2005, and I expect gold to work up to $600 next year.

Frank Lesh

We're looking for a test to that level, perhaps next week.

Frank Lesh

There's a little apprehension here about the price of crude oil and how that's going to affect us. Even though we're off a bit, it's still $74 oil. I think that's a negative factor in the market though gasoline is really the issue.

Frank Lesh

Gold is consolidating after reaching new ground. The target this week has been to close above $600, and now the market is waiting for the next push.

Frank Lesh