You had a pretty good day yesterday -- there was broadness in the rally and good volume, ... We're taking a day to fill in here. Things still look relatively positive, it's just consolidation or a rest after yesterday's action.
More Quotes from 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
Oil is out there, and any time it rallies, it's a concern to stocks,
John Hughes
I so desperately hate to end these movies that the first thing I do when I'm done is write another one. Then I don't feel sad about having to leave and everybody going away.
John Hughes
I think over the last week or so, a lot of the negative news that has been bothering the market for some time has been priced in, ... So when you have a day like today, when you get a drop in the price of oil, some people are willing to get back in.
John Hughes
He had an outstanding season, ... and what annoys me is that at times I really don't think people appreciate exactly what they're watching. He's a genius, an absolute genius.
John Hughes
We're sure not going to discourage people from helping. But we can't just send untrained people into a disaster zone.
John Hughes
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