Barry Hyman Rally Quotations

The traditional year-end rally didn't happen this year and the 'January Effect' doesn't look like it's going to occur. This is just a wait-and-see market right now that will continue to be driven by important catalysts, whether geopolitical or earnings-based.

I don't think we're going to buck the September trend, and I don't think we'll see a big sell-off. I think we'll see some rallying through the next week, and then a small pullback after that in late September, judging by the cycle the market has been going in.

This is a market that goes down on sentiment and goes up on excessive fear. There was excessive fear and a deflationary picture. Markets will rally on excessive fear and it seems to be an end-of-the-week technical rally.

This is a market that goes down on sentiment and goes up on excessive fear, ... There was excessive fear and a deflationary picture. Markets will rally on excessive fear and it seems to be an end-of-the-week technical rally.

I think there's a concern about the economy so I think you'll see conciliatory talk (from Fed governors). We seem to rally into Fed meetings so I would expect a slightly upward bias.

I think the market had a decent week but without any fundamental backing, the rally doesn't really have tremendous upside.

The market rally this week supported a growing opinion that January 31 will be the last interest rate hike.

Since the perception is that the market's going to rally tomorrow, why not buy today.

The retail sales numbers we saw should have presumed a rally but we had some selling in Hewlett-Packard and NBC Internet. During the day, people started to realize that retail sales were good news.

Our look for the rest of the year is we're going to rally and worry. We're going to rally and worry some more. And we're going to rally again. I think the concern or the 'worry period' that we're now entering is this cyclical issue again, after this run up in the semiconductors sector and the third-quarter prerelease season, which we're quickly coming to. And I think that's going to give the opportunity for the next run up in the marketplace, which should come somewhere over the next few weeks into the election. The good news, as you pointed out, is that the Fed's done,

People look for the summer rally, and people have always complained - well, what happened to the summer rally - not understanding that the summer rally started the day after Memorial Day. So we really have had a very good summer rally. In the Nasdaq, it went up almost 40 percent off of the bottom. The Dow went up around 12 percent off the bottom. The S&P similarly. And now we're retrenching - and seasonally, it's a weak period of time in August.

Intel was generally positive, but I think the stock had run up into the meeting, so that's why you're not seeing much reaction.

You want to see the follow-on rally when you see an up day like (Monday) because that brings the bulls even further into the game.

I think it's too late to be worried about where your tech stock is going to go from here. There are some opportunities out there and we are aware of the short-term problems in the marketplace with the Fed being aggressive. So, we're not looking for a very vigorous rally over the next one to three months. There will be trading rallies. But the investor, the small investor, the intermediate-to-long-term investor should use the summer time, which is seasonally weak for technology stocks, to start to accumulate an easier way into some of these great companies,

You do have some impetus today but there's little conviction and little volume. I didn't see any specific reason behind the rally - people may be just trying to outguess the outcome (of the Fed meeting).

You do have some impetus today but there's little conviction and little volume, ... I didn't see any specific reason behind the rally - people may be just trying to outguess the outcome (of the Fed meeting).

It was unanimous we'd have a year-end rally until the yield curve inverted. We wanted to close the market on a high note this year, but now we're worried that the 2006 market will have to deal with this. The next Federal Reserve meeting will be extremely critical. We have to hope this isn't predictive of a recession or a slowing economy.