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Letter "B" » Barry Hyman Quotes
«Without having that constant barrage of negative news, there is the opportunity for the market to exhibit some strength.»
«Traders are dominating this market when investors are just waiting for these pre-releases to really reveal what these companies look like. We're just waiting for the first signs of a turn and there's little optimism as we go through this pre-release season and no one is focusing on the second-half of the year (2001).»
«I don't want to be too dramatic about the drop ? it's more or less profit taking. It's not severe in relation to the magnitude of the rise.»
«Anything goes this week. You had a great week last week and it shows there were buyers willing to come in just on the thought of stabilization.»
«We like stocks in oil and drilling. Energy does well in an inflationary period. So we want to have some exposure to energy,»
«They're (investors) looking for the Fed to be absolutely aggressive and see the economy as slow as can be and to be measured in terms of understanding how important the consumer is at this point. And how important the stock market is to consumer confidence.»
«They bought a lot of branches from Fleet, when they merged with Fleet Boston, ... I think you can look for 30 percent gains in that stock for the next two year.»
«It's a consumer company that sells personal care items, ... At 11 times earnings, I think it is too cheap to be ignored. I think it is a $15 stock.»
«There really isn't any dramatic news to come out post-Fed ? we're going to get into that earnings void, the next meeting for the Fed isn't until late June, so I think the story is how well the pullback in this market will be contained.»
«This is a market that is assuming everything is going to get better. There's been too much commentary by the chairmen of these companies that these problems are inventory but everything is based on a turn of the economy ? that's what the Fed is there for.»