Word: sargen
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Dates: during 2000-2009
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OPEC could yank the supply chain if fighting between Israelis and Palestinians escalates. "This is not a stretch," says Nicholas Sargen, chief global-market strategist at JP Morgan Private Bank. "As the violence picks up, the probability rises that OPEC could get involved again...
...OPEC could yank the supply chain if fighting between Israelis and Palestinians escalates. "This is not a stretch," says Nicholas Sargen, chief global-market strategist at JP Morgan Private Bank. "As the violence picks up, the probability rises that OPEC could get involved again...
...with fostering a buy-on-dips mentality that prevailed through the '90s. That mentality is in the process of getting crushed. We've moved from buying dips to just holding on. What comes next is "'Omigod, the stock market is risky,'" which is when people get out, says Nicholas Sargen, strategist at J.P. Morgan Private Client. That level of despair would probably signal a bottom. The theory is that when everyone has given up, there are no more sellers--only buyers...