Barry Hyman Drop Quotations

I don't think the economy can really withstand the equity markets dropping down and giving back all of its gains ? that would really hamper consumer confidence. The one thing that has changed is psychology ? it's time to look forward to what the effect interest rate cuts mean for the economy.

The market needed one economic number to put the bear market drop to bed. We got three; Employment, leading economic indicators and housing. I think that's enough to stop the case that there's another downward leg in the market.

The productivity numbers today (Thursday) and tomorrow's (Friday's) report do nothing to support a bullish market. I would be concerned if we saw the unemployment drop below 4 percent because that would show the economy is not slowing down.

It's time to start anticipating a recovery. Buy on weakness and look at tech because I think there will be some good stories later in the year ? the time to be fearful of another major drop in the market is just not there.

For that to happen, you need the stocks to drop 50 percent this year. The picture in the telecom sector is not improving.

For that to happen, you need the stocks to drop 50 percent this year, ... The picture in the telecom sector is not improving.

I don't want to be too dramatic about the drop ? it's more or less profit taking. It's not severe in relation to the magnitude of the rise.