Barry Hyman Bias Quotations

The bias still seems to be to the upside. Buyers are optimistic and see the long-term side of the market. The downward pressure now is not that great. The money flow has just been too strong.

The bias for today and tomorrow should still be to the upside because of the end of the quarter when you get portfolio adjustments.

The next three percent move for the S&P could be up, and that would take us to important resistance levels. The question is what is the bias beyond that, what is the next five percent for the market? That's not clear.