41. Market observers said at worst, the glitch was an embarrassment for the NYSE, though it has sidestepped the computer problems faced by its rival Nasdaq. 42. Market observers said further losses are expected, as the regional currency turmoil shows no signs of stabilizing. 43. Market observers said investors were determined to take advantage of what most saw as a buying opportunity, particularly after an initial decline in prices. 44. Most market observers say it will take an interest rate cut from the Fed to turn the stock market around. 45. Some market observers even described it as a non-event. 46. Some market observers said the dollar was helped slightly by interest rate hikes in France, Belgium, Denmark and Ireland. 47. Some market observers now believe the Fed will take that unusal step because of significant declines in the stock market and recent economic data showing consumer confidence lagging. 48. The Fed has lowered interest rates twice this year and many market observers were counting on a third cut next month. 49. The fall confirmed to some market observers that prices have seen their top for the time being. 50. The result drew criticism from market observers and sparked fears it would cause property prices to plummet. |