On a very short-term basis, you got a little oversold last week, and on a technical level, this is a pretty good place to get a bounce. In the greater scheme of things, last week's movement was significant, in that it was a stronger wave of selling than we've seen in a while.

John Hughes

John Hughes

Basis Level Short Technical Term Week

Related Quotes

From a technical standpoint, we're at a place where we could see a short-term advance, as long as the numbers going forward aren't ridiculously awful.

— John Hughes

AdvanceShortStandpoint

Tech stocks were oversold on a short-term basis and on Monday everybody had to get out of them because of Microsoft, and then Tuesday everybody thought that if Microsoft is broken up maybe it's not the end of the world, and maybe there's an upside to it.

— Peter Chandler

BasisMondayShort

What we're gonna see now and probably for the next few days is what we saw yesterday, a little technical bounce from oversold conditions,

— John Hughes

DaysNextProbably

The problem with rising short-term bond yields is that they boost the cost of acquiring and servicing credit, and thus they stifle domestic demand.

— Tony Hughes

AcquiringBondBoost

Minor parties live by short-term peaks and valleys, and unless there is an issue basis for their long-term survival, they are somewhat a risky undertaking.

— Lee Miringoff