John Hughes Quotes

Today's drop is a follow-through on more bad news. Also, the developments on Iraq and deflationary concerns in the economy remain in the background.

- John Hughes

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Drop | Follow | News | Developments | Iraq |

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The weakness could be driven by earnings, or a slowing own in the economy, or even uncertainty over the Iraqi elections. The violence is escalating and it's an overhang for the market. - John Hughes

But given all the negatives, investors should also consider the positive side. The market is discounting the bad news. We know the economy is terrible and corporate profits in trouble. With that kind of a backdrop, that's when we get a snap-back rally. Investors need to be on the look out for it. - John Hughes

We're in a bit of a downtrend right now. There's a bit of a negative pattern technically and fundamentally. But we rarely follow through on these dips downward... This is a constructive process we're going through as we're working things out. It's a positive thing. - John Hughes