"The real issue is whether we have a hard or soft landing, " says Hugh Johnson, chairman of money manager Johnson Illington Advisors.

FORBES: Rates On Hold

"It's always wise to take the message of the market seriously, " says Hugh Johnson, chief investment strategist at the brokerage firm First Albany.

CNN: Still On A Roll?

President Roosevelt and Hugh Johnson, his NRA czar, tried to pressure Ford into signing the code by shutting Ford out of any government contracts.

FORBES: Just as Henry Ford was a better constitutional scholar than FDR ...

"I can't tell you how thankful I am to have missed each of the so-called rallies the past two years, " says Hugh Johnson, the chief investment officer at First Albany.

FORBES: Is it over?