JB

Jon Burnham

47quotes

Quotes by Jon Burnham

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The market's getting to a point where it's ignoring the bad news.
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The market is trying to look beyond the crevasse.
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The central bank needs to get money into the system. I think the economy has problems but it's not going into a depression. It's corporate America that's doing everything to undermine investor confidence. Corporate malfeasance is horrendous.
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The economy is holding up. We had good employment numbers this morning. In the short term, I wouldn't be surprised to see a rally early next week.
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You've got the economy and the Enron situation, these two opposing features and it's just a question of who wins out on any given day,
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I don't think the market is going to collapse and I don't think it's going to go through the roof. If I had to guess, I'd say the market's going to go sideways over the next two weeks.
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I'd expect to see another month or two of this consolidation,
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If I sold Dell every time people said to sell it, I wouldn't have made any money in the stock,
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Cisco is a real company with real earnings and growing revenues,
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In terms of stocks, GE is the biggest problem today, as is the American automobile sector, ... You've got Ford trading at $7 a share, that's practically bankruptcy level for a company that is not in danger of declaring bankruptcy. And when GE, one of the great, major companies of the world is down, it has a big impact on the psychology.
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