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Hugh Johnson Quotes
«It is encouraging that the market has been able to hold together. The overall message is that the events in Southeast Asia will in time have an impact on the U.S. economy, but not a major impact in 1998. And that is really good news.»
«Oracle set a really bad tone for things.»
«What Oracle did is it demoralized the rest of the technology sector.»
«I think everybody knew this before, but this kind of takes it from the back page and moves it to the front page, ... He certainly carries a lot of weight in the market.»
«When all of the markets around the globe simultaneously go down, that's the message. That's what you have to worry about.»
«There are big risks when you get leveraged,»
«Wall Street is clearly worried about something.»
«This market is trying to rally. If the Fed reduces interest rates by 50 basis points, it will touch off a rally, but if we get a rally it will be guarded.»
«We need to watch the Japanese parliament and see if they do anything about their banking crisis.»
«This is a market that's become very, very defensive, ... One thing I noticed is a move back to the defensive side.»