Morning Stock Talk - Leone: Buyers are becoming more comfortable buying

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Old Apr 8, 2009, 1:20pm   #1
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Audio Broadcast Morning Stock Talk - Leone: Buyers are becoming more comfortable buying

"We had a little pullback the past few days, and it fits well in a technical sense." Todd Leone, managing director at Cowen and Company, tells Andrew O'Day "I don't think people want to go straight up because that probably is the worst thing that could happen. You saw how fast we moved down." Leone says longer term, he's looking for gains. "I think the trend is actually up. People are definitely a little more positive on the market."

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Dow Jones' MarketWatch Morning Stock Talk discusses the big stock movers, economic data and investment trends with Wall Street's top analysts, strategists and traders. Hear about what's driving the stock market from those in the know..
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