109 Quotes by John Hughs

The market has been looking for some catalyst to go up or down and we're looking at that meeting to act as the catalyst.

The market is getting so oversold and has such a background of negativity that maybe we are finally getting to the point where a bottom could be set,

We're in a seasonal period that can be kind of choppy, ... Add to that yesterday's Fed rate hike and the options expirations, and you can see this kind of movement.

We're getting to the year-end period and stocks are starting to drift. You're seeing that today, ... There's still a lot of uncertainty about the economy and about the change in Bush's economic team. We're also coming off a period where the Dow rose for 8 weeks and so you're seeing a little pullback. You saw it last week and I think it's continuing.

What we're seeing is this kind off continuing correction in tech stocks that began a few weeks ago. The money is leaving tech and going to what we call value stocks.

We're going to have to go in and rebuild it from the ground up because it went to seed before we got it. There are literally trees and shrubs growing up in the greens, and it's going to take a lot of work and money to get it back into shape.

We're getting a little follow-through from yesterday but we are in a transitional environment where we've lost our leadership in the commodity-based stocks, and there is still a question on whether technology will step up to replace it.

We've got low volume and not a whole lot of new buying interest. You're just not there yet from a technical standpoint. It's going to be choppy for the next few days.

We're looking at a softer open. Retail sales are a bit of a concern. There is still some uncertainty over rising rates that has got everybody a little bit more cautious.