You're going to see some down days here and there, but what the market is telling you overall is that business is going to improve later in the year, ... The market's not always right, but often it is. I think it is now.
More Quotes from Jon Burnham:
Your high-tech companies won't be hurt very much at all (by tighter credit) but your retail companies will be hurt.Jon Burnham
I think the market is in reasonably good shape until later in the year when the political stuff becomes more center stage and then we'll see what happens, ... Shorter-term, the employment number Friday was good, I think earnings will be excellent, but a lot of that may be baked into the market already.
Jon Burnham
We won't see 15 percent growth like we're seeing in the third quarter (of 2005), but I think certainly low- to mid-single digits.
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
I think that individuals should buy companies where they see 15-to-20 percent growth coming back down the road. Obviously it's not going to happen this quarter, or next quarter even to most of the very best companies because we're in an unprecedented period right now,
Jon Burnham
The news that's been coming out has been awful.
Jon Burnham
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