Hugh Johnson Quotes
When you see buying in that (technology) sector in a bear market, it implies that there are investors out there who see improvement around the corner, and it's usually technology and cyclical stocks that lead the market out of a downtrend... The bias towards Friday's data may be that the data will be consistent with the view that the economy is showing some expansion.
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Buying | Technology | Sector | Bear | Market |
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That was a signal that we were headed toward distress.
- Hugh Johnson
