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Letter "B" » Barry Hyman Quotes
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«It's a transition market. I think (last week) indicated the willingness to look forward at the upside of the story. There isn't a lone voice expressing positive attitudes toward technology but this week indicated the ability of the market to look forward.»
Author: Barry Hyman
«I think the market had a decent week but without any fundamental backing, the rally doesn't really have tremendous upside.»
Author: Barry Hyman
«I think there's a concern about the economy so I think you'll see conciliatory talk (from Fed governors). We seem to rally into Fed meetings so I would expect a slightly upward bias.»
Author: Barry Hyman
«We've had so many weeks now of down that it's kind of hard to believe we could have an up day or an up week for the market, but the technician in me is saying this is nothing more than a technical rally.»
Author: Barry Hyman
«They'll (Cisco) express write-off concerns but I think we're looking at very similar stories like the other ones ? things are not improving greatly but we have better visibility. And I think the market is starting to react to that scenario.»
Author: Barry Hyman
«I don't think there's anything that will deter the Fed from lowering interest rates in August. I think the story is going to be the continuing belief that there is a mixed story on Wall Street that has been brought out, in terms of technology. The visibility story is changing somewhat to the 'we see the bottom in sight' scenario.»
Author: Barry Hyman
«I don't know where the bottom is going to be, but I am getting more optimistic as each day goes by that we are approaching something.»
Author: Barry Hyman
«A lot hinges on the numbers. If they're good, the market rallies. If we get any suspicious numbers, or more accounting-related stories coming into the fray, we're looking at lower prices again. It's a time of caution and some confusion.»
Author: Barry Hyman
«The Nasdaq broke its support levels last week because of IBM, Cisco, and Computer Associates. The S&P was weighed down by its tech exposure. Another key story next week is whether the Dow follows the rest of the market or can it continue to hold in the gains.»
Author: Barry Hyman
«This market is just one decent story away from destroying the bears,»
Author: Barry Hyman
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