Hugh Johnson Quotes
You have to be careful about prejudging this - I've seen so many investors burned at the stake thinking things like 'Value is about to come back,' ... Let the market tell you what to do. Don't tell the market what to do. 
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Careful | Prejudging | Investors | Burned | Stake |
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Today the market is pausing a bit, given the strong performance last week. There is lot of acquisition activity, which is giving the market some lift, particularly because oil prices are stable.
- Hugh Johnson
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.
- Hugh Johnson