I think when you look at the rally last week, the behavior we're seeing from the market today is pretty constructive, ... We're digesting the gains from last week, and if historical trends prove right, we should close the week a little higher. Technically and objectively, the market is doing everything it can.
More Quotes from John Hughes:
I'd focus on Intel, ... If they can say something encouraging or at least, not discouraging, that could help the semiconductor sector sustain and build on the recent gains its seen.John Hughes
I just decided to go for it and play a more attacking formation and it paid off with a victory.
John Hughes
As long as the payrolls number at least meets, it won't be a big event for the market.
John Hughes
There was a lot of pessimism at the end of the year and rightly so. So yesterday was a pleasant surprise. But after that kind of day, if we're down 20 or 50 points (on the Dow) today, I'm not worried. What you want to see over the next few days and weeks is generally a continuation of that positive trend on better volume.
John Hughes
We know the economy is slow and that the quarter isn't great, so these weak pre-announcements are no surprise, ... The trend of the last three months has been rally, go sideways, rally, go sideways, so we're just following that.
John Hughes
I find that screen kissing wears very thin very quickly.
John Hughes
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