Tom Hougaard Quotes

...we are holding the flat line, but we are vulnerable to the downside. A lot of people are getting worried about the market...we are long overdue for a decent correction.

- Tom Hougaard

Tags

Holding | Flat | Line | Vulnerable | Downside |

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There is no doubt that the recent rally is fueled by a lot of short covering from bears thinking the New Orleans debacle would cause jitters on Wall Street. - Tom Hougaard

Stocks in general have been trading near their highs but volume has been a real obstacle to move prices higher. It may still be early but it looks to me as if we will see an attempt to take Dow above 9,450. - Tom Hougaard

The markets are not that strong, it's the banks that are keeping things afloat on the day. - Tom Hougaard