The economy is holding up. We had good employment numbers this morning. In the short term, I wouldn't be surprised to see a rally early next week.
More Quotes from Jon Burnham:
The news that's been coming out has been awful.Jon Burnham
I think the market is in the midst of a pretty strong rally, and any selling today doesn't mean much, ... We're in an uptrend.
Jon Burnham
The central bank needs to get money into the system. I think the economy has problems but it's not going into a depression. It's corporate America that's doing everything to undermine investor confidence. Corporate malfeasance is horrendous.
Jon Burnham
The market's getting to a point where it's ignoring the bad news.
Jon Burnham
I try not to get involved in any areas that I don't understand or that I can't explain to myself what is going on,
Jon Burnham
If I sold Dell every time people said to sell it, I wouldn't have made any money in the stock,
Jon Burnham
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