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Art Cashin: "Morituri Te Salutant" October 24, 2008 S&P 500, Dow, Nasdaq Futures Reach `Limit Down'

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Uploaded by on Oct 16, 2009

Please excuse this video is not of Nassim Taleb. October 24, 2008 S&P 500, Dow, Nasdaq Futures Reach `Limit Down' in premarket. Art Cashin: "Morituri Te Salutant" (those who are about to die salute you)
It has been one year later and the market has capitulated and gone on a 7-8 month rally.
I posted this video as a reference as to where we were one year ago and the difference in market psychology from the bottom on March 6th up until today.
What do you think about the current rally? What has changed in the market? How long can this rally sustain itself? Please comment and discuss. Enjoy!
Article Bloomberg:
http://www.bloomberg.com/apps/news?pid=20601103&sid=aZRWfr8j_IXc&refe...

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  • LOL, those morons at CNBC never gwt it right

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