Hugh Johnson Quotes on Reasoning (3 Quotes)

Technology stocks have been leaders for good reason. The economy is growing 3.5 percent per year, while spending on information-processing equipment is growing 19.1 percent a year, after inflation. And spending on computers and peripherals is growing at a 41.1-percent rate. Technology is reflecting what lies ahead for the economy.

I think what the half-point cut showed was that the Fed for the first time appears to be taking the situation very seriously. I think investors are also still mulling the move and thinking what is it the Fed knows that they don't know. Could it be worries about a double-dip and deflation It's this uncertainty, among other factors, that's the reason why we're down today.

What, if anything, do the infinity of different traditional and individual ideas of a garden have in common They vary so much in purpose, in size, in style and content that not even flowers, or even plants at all, can be said to be essential. In the last analysis there is only one common factor between all gardens, and this is the control of nature by man. Control, that is, for aesthetic reasons.... The essence is control. Without constant watchful care a garden - any garden - rapidly returns to the state of the country all around it.