The market did improve with the housing data. Market trends day to day are really influenced by how the bonds have been trading. When the rates have gone up, equities have suffering, when rates have gone down, the market has been optimistic.
More Quotes from Barry Hyman:
We need some inference from the Fed that interest rates beyond June are in doubt,Barry Hyman
There is a substantial group of investors who believe the stock market will start to anticipate an (economic) recovery. The more rate cuts we get, the more likely the recovery is -- I'm looking at this as a 'buy the dip' opportunity.
Barry Hyman
The situation is very tenuous on the equipment side and any slowdown in demand in the equipment side of the equation, when you are priced to perfection, means these companies are still very expensive,
Barry Hyman
The market is clearly divided right now. Those who are looking at 2005 expectations think we can see moderate stock gains, those who are looking out at 2006 are more concerned.
Barry Hyman
When you have a major company like GE boosting its dividend and announcing a big buyback, that's very positive for corporate America,
Barry Hyman
I think the year starts out very similar to how it's ending. Just because a stock is cheap doesn't mean it should be bought you have to look at the growth rate and I think the Fed lowering interest rates is going to be very important.
Barry Hyman
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Based on Topics: Suffering Quotes, Trading QuotesAs the inventor of the Immortality Device, I basically just tell people what I honestly think.
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The doors of wisdom are never shut.
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It's always an interesting sort of adventures that gets someone into a movie.
Peter Berg