But prices did not weaken after the latest employment report because the dollar strengthened in foreign-exchange markets.
Until recently, when stock prices stabilized and then rallied, those expectations were realized as prices weakened in the face of rising interest rates.
When there is a slowdown in the world economy, as there's bound to be, I expect to see the prices weaken again.
"The market is nervous because there is a risk prices will weaken substantially."
Anytime the prices of those stocks weaken, they buy.
Higher prices could ultimately weaken demand for Champagne, he said, and push down the price of grapes.
At the peak - prices weakened some on Friday - the Dow was up 50 percent from where it had been a year earlier.
A year ago he told The Houston Chronicle that low prices had weakened the domestic oil industry and created "a national problem."
Suddenly, in October or November, we got news that the price for memory chips was dramatically weakening.
As crude slid, prices for refined petroleum products also weakened in New York.