John Hughs
John Hughs
building few huge past pattern rally scale seen weeks
There's not a huge rally building now, but we've seen a little pattern in the past few weeks of rally, scale back, and then continue, and we may see that again,
fill good rally relatively rest taking yesterday
You had a pretty good day yesterday -- there was broadness in the rally and good volume, ... We're taking a day to fill in here. Things still look relatively positive, it's just consolidation or a rest after yesterday's action.
average finally hang hat impressed impressive last people rally three
It's finally something that you can hang your hat on, ... I think the one-day rally always is more impressive to the average person, but people should be more impressed with the last three days.
far particular question rally
The question is how far can this particular rally go?
behavior close gains historical last market prove rally seeing today trends week
I think when you look at the rally last week, the behavior we're seeing from the market today is pretty constructive, ... We're digesting the gains from last week, and if historical trends prove right, we should close the week a little higher. Technically and objectively, the market is doing everything it can.
behind fears gave markets overseas president rally relieved speech war
President Bush's speech relieved some fears that war is imminent, it boosted the overseas markets and gave us a little short-covering rally at the open, but I'm not that impressed. There's nothing behind it,
dragged energy good higher household moves player prices pride rest smaller stocks technical
(Pride Petroleum) is not a household name. A lot of energy stocks have had pretty good moves of late, ... up around 15-to-20 percent. Pride is kind of a smaller player in the area, just kind of a stock that has a good technical pattern, a good chart, and is being dragged up by the rest of the group, and with higher energy prices we think that one can do better.
celtic desire game lacking passing sadly stop
Our desire was sadly lacking at Motherwell and that was very disappointing. We need to play our passing game and stop Celtic having the ball.
economic either expected misses news reaction
So much of this economic news has been anticipated that you're not going to get much reaction either way, to better than expected news, or to something that misses estimates,
basically everybody sector selling
Techs are up, because the selling is basically done for now. The sector has been so out of favor, with everybody downgrading it, that you're getting this end-of-the-quarter bounce.
appetite asking composure game great maybe might passing played russell tired wednesday worry
Russell has a great appetite for the game ... I thought he might have been tired after Wednesday but he played superbly again. His composure is outstanding and his passing is flawless. My only worry is that sometimes maybe I'm asking too much of him.
bounce came economic key last late levels perceived plus reports seeing support week
Everything came down to key support levels late last week and so I think you're seeing a bounce off that, ... You've also got some economic reports that are being perceived favorably, plus McDonald's earnings.
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Contrary to the misleading propaganda many of you have received over the past years, credible and reliable research show vouchers and tuition tax credit programs do nothing to improve public school performance overall, and in fact, often result in a decline in school and student performance.
catalyst corporate india pakistan reflecting resolution seem short sort terms trading turn
There's just a lot of nervousness out there and the trading is reflecting that. We're going to need some sort of resolution in terms of Pakistan and India and some sort of corporate catalyst before things can really turn around, ... In the short term, that doesn't seem to be there.