Quotes from Around the Web: Week of August 8-12, 2011

by Nathaniel Popper (LA Times) on August 11, 2011

"'There are times in life you just have to put on a hard hat, hunker down and just grin and bear it,' said Don Hays, the found of Hays Advisory."

by Dr. Ed Yardeni (blog.yardeni.com) on August 10, 2011

"Yesterday morning, my friend Don Hays, a triple-A rated technician, observed that the S&P 500 and the Nasdaq both had fallen to the top of last year's panic ranges.  He suggested that they might both find support at those levels and rebound.  Sure enough, the S&P 500 rose 4.74% and the Nasdaq jumped 5.29% yesterday."

by Diana Britton (Registered Rep) on August 9, 2011

"'But this market crash is nothing more than a shot across the bow,' said Don Hays, chairman and founder of Brentwood, Tenn.-based Hays Advisory, an independent investment firm.  'It didn't hit the ship, but it was close, and if the ship doesn't start sailing on course, the next shot could be more serious.'"

by Nathaniel Popper (LA Times) on August 8, 2011

Don Hays, Hays Advisory: "The bottom line is that this is 'hard hat' time, a time when Investors have to temporarily hunker down and resist the panic of the Herd. It is a personality trait that all good investors learn over the years, but it never gets much easier it seems.  Every time there is a new threat trying to knock over those valuable disciplines of the past.  But history tells us to stay the course, and continue to rely on the instrument panel.  These storms do die down, and your patience and fortitude will be rewarded."

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