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Letter "J" » John Pickett Quotes
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«This is the last full week of the quarter and yesterday (Wednesday), after two down days, the market rallied and I think there was a continuation of that momentum today (Thursday),»
Author: John Pickett
«I would have expected the rally to continue tomorrow, but I think this after-hours news may put a break on it.»
Author: John Pickett
«It felt like a real relief rally. Also on the Dow, we hit a key technical level and we were able to bounce back from it.»
Author: John Pickett
«The 8,200 level has become a point of support for the Dow,»
Author: John Pickett
«This is a market of momentum and right now the bulls have the bears pretty much in a bad spot and I don't see anything (in the next few weeks) to turn that around.»
Author: John Pickett
«The Nasdaq hit its Sept. 21 low, it held that level and then you saw it starting to rise. There was a lot of short-covering and there's really only so much that short-covering can do to the market. I am afraid it may be only a temporary measure here.»
Author: John Pickett
«This [was] an expected recovery from yesterday's selloff, ... The only thing keeping people invested in stocks is that the [Treasury] bond yields are quite low. So there's no other alternative.»
Author: John Pickett
«The Dow tested it this morning and didn't break it. That's when buyers scrambled to use it as an opportunity to take some stocks that have been beaten down.»
Author: John Pickett
«[When Gershwin premiered] Rhapsody in Blue, ... too spontaneous, that it created formal gaps. And it's important, therefore, to be able to play in the moment when performing this work, but also to have a clear sense of when time is passing. It's image-filled, but that's New York.»
Author: John Pickett
«I think of the sights and sounds and mad rushes of feeling and sensations that come over you all at once when you're in New York,»
Author: John Pickett
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