The run of late-day market declines looks so familiar to the action of 5 years ago that Art...

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Tony Petroski Comments (6373)
 
'Like playing poker ... you can bluff and posture ... (but) old traders see the final minutes of trading as truth time ... everything up until then is stage play. That's why the action in the final 30 minutes ... is of concern.'

(I'm an old trader--the boot on the neck of business is of concern)
14 Nov 2012, 10:34 AM Reply Like

ppk721 Comments (25)
 
Art is the smartest man in the house
14 Nov 2012, 10:40 AM Reply Like

DianeLee Comments (294)
 
Just guessing, but the next job report could be terrible. That would be (or should be) truth time. Of course, part-time and holiday hiring may factor in. (and imho, everything Art Cashin says is worth listening to.)
14 Nov 2012, 11:20 AM Reply Like

Remyngton Comments (339)
 
Agreed

White House manipulated the last 2 months , this time the truth will come out
14 Nov 2012, 11:48 AM Reply Like

youngman442002 Comments (4973)
 
Evertything Art Cashin says is worth DRINKING to...he does
14 Nov 2012, 12:06 PM Reply Like

Remyngton Comments (339)
 
Crash is coming
14 Nov 2012, 11:48 AM Reply Like

TheeSeer Comments (160)
 
It's clear that regardless of what the Congress does or does not do 2013 will be the worst year of the recession. Simply this is because Europe is in deep recession and since it is a structural problem as too competitiveness in Spain and Greece it can't be solved by bailouts. This in turn shrinks GDP in China (Europe is its biggest market) and that in turn shrinks commodity economies. The glut of energy in the world is now apparent exploding once and for all the "energy crisis" myth and points towards an eventual reflation but not for the next 12 months. The USA will survive but there will be a complete realignment of politics here as the demographic shift ends forever the Republican extreme conservative influence unless they shift to a libertarian footing and learn how to respect women's rights and minorities. As a Centrist myself I long for a new common sense party that solves problems and stays out of people's personal life. Where the heck is Ross Perot? Get it?
14 Nov 2012, 12:15 PM Reply Like

surfnspy Comments (415)
 
Seer,
What is your take on a guy like Huntsman? I had the pleasure of hearing him speak and enjoyed it.
14 Nov 2012, 12:44 PM Reply Like

WMARKW Comments (8373)
 
Huntsman was a RINO - I am conservative and I would never vote for him for anything. He flip-flopped in Utah - governed as a liberal, gave a $1.6 billion state surplus - essentially to the Utah Education Association in pay increases, etc. His dad is much more to my liking.
14 Nov 2012, 03:23 PM Reply Like

bgent Comment (1)
 
We centrists, alone in the middle.
14 Nov 2012, 04:33 PM Reply Like

Rummeljordan Comments (457)
 
2000? 2001?
14 Nov 2012, 03:22 PM Reply Like

pg8800 Comment (1)
 
Mutual fund redemptions and margin calls.....
14 Nov 2012, 04:33 PM Reply Like

richak28ms Comments (4)
 
Forget the Ross Perot's, the people doesn't want them...
They want their abortions and gay weddings as well as
many other evil devices they can think of !!! So Sorry for
this generation.....
14 Nov 2012, 04:33 PM Reply Like

PalmDesertRat Comments (1738)
 
took some sds & qid profits yesterday at 59.98 and 33.04, respectively
15 Nov 2012, 07:51 AM Reply Like

petten Comments (117)
 
If the stock market really drops hard in the coming months, Art'll come back to CNBC and say "I told you so in 11/2012." But if it does not, nobody will remember he ever said what he said.

That's how people like Art get such a good reputation.
15 Nov 2012, 07:12 PM Reply Like

ppk721 Comments (25)
 
he gets his well-earned reputation because he is the last honest man left standing on the floor of the NYSE
16 Nov 2012, 08:36 AM Reply Like