There are a growing number of investors who believe the market has hit bottom. Investors with cash are feeling pressure to get in. Good markets beget good markets.
More Quotes from Hugh Johnson:
It's very hard to make sweeping statements when it comes to technology.Hugh Johnson
Like any indicator, whether it's the Super Bowl or anything else, it's sometimes right and sometimes wrong. It's just not very rational to conclude that if January is a bad month, the market will have a bad year.
Hugh Johnson
Most investors are waiting for the employment report, because along with the ISM services and manufacturing reports, it gives us the first solid news about the economy in March.
Hugh Johnson
There have been a lot of high-profile companies taking a lot of extraordinary drops. When things go south for a company, they really go south.
Hugh Johnson
Obviously the situation turns very heavily on interest rates,
Hugh Johnson
As the bull market progressed, analysts became more optimistic about next year's earnings. Now, it's the extent to which companies will hit their numbers for 2004 that will make next week so important for the market.
Hugh Johnson
Readers Who Like This Quotation Also Like:
Based on Keywords: begetNo critic writing about a film could say more than the film itself, although they do their best to make us think the oppposite.
Federico Fellini
I like doing movies that relate to people's experience.
Illeana Douglas
No publisher in America improved a paper so quickly on so grand a scale, took a paper that was marginal in qualities and brought it to excellence as Otis Chandler did.
David Halberstam