Hugh Johnson Cash Quotations

There are a growing number of investors who believe the market has hit bottom. Investors with cash are feeling pressure to get in. Good markets beget good markets.

It's pretty clear that companies have made money and their cash positions are high and this should help the market stage an advance in November and December.

If you're an aggressive investor and can't sleep at night, then you should defend your portfolio by raising some cash and shifting into more defensive stocks,