336 Quotes by Barry Hyman
- Author Barry Hyman
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We're seeing pre-releases starting in 'old economy' stocks - companies that are not leading-edge tech companies but are more affected by this dramatic rise in energy prices.
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You want to see the follow-on rally when you see an up day like (Monday) because that brings the bulls even further into the game.
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This market, while not being the raging bull, certainly has some merits for investing. If you (cross) out technology, you have a market with a great deal of underlying strength.
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The reflection of what Cisco says is an absolute reflection of the economy. If Cisco is giving this forward look beyond the first quarter, then the suspicion of a possibility for a second half upturn may not be as evident.
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This market is just one decent story away from destroying the bears. I can just feel the short-sellers getting ready to push the buy button if the market gets through these key levels.
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You will have to pay him on every can of paint, every carpet, every everything that goes into your house, ... He's betting on the next economic upswing again, and that's why Berkshire Hathaway has done extremely well. He's a very smart investor.
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There are no major positions being taken ahead of the Fed. I think people are just being very short-term oriented - you see a stock that has a good story and you invest. But you do have to be careful - you don't want to overstay your welcome in any stock.
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The only way I can see why the market is not reacting to several negatives out there is the anticipation of one more (rate) hike and we're done.
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A lot hinges on the numbers. If they're good, the market rallies. If we get any suspicious numbers, or more accounting-related stories coming into the fray, we're looking at lower prices again. It's a time of caution and some confusion.
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