Alert icon
We're changing our privacy policy. This stuff matters.  Learn more  Dismiss

Stock Market Crash? No Now Is The Time To Buy Stocks Not Sell Them (10/29/09)

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
5,801
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Oct 29, 2009

Art Cashin and Roubini are calling for stock market crashes and the market has now fallen for seven days, but yesterday was a panic washout with the VIX rising, put/call ratio above one, and big selling on the exchanges. Panic washouts bring bottoms not crashes. For more go to http://www.wallstreetwindow.com

Category:

News & Politics

Tags:

License:

Standard YouTube License

  • likes, 5 dislikes

Link to this comment:

Share to:

Video Responses

see all

All Comments (8)

Sign In or Sign Up now to post a comment!
  • yeah sure, I'll give credibility to what you say. Please post a video where you saw or forecast any of the drop from SPX 1500 to 666. My guess is you were posting similar videos during the crash.

  • look at the forest not the trees.

  • I do not agree with what he is saying but IMHO. If you are going to buy I would wait until the DOW gets above 10,000 and stays above that mark for at least three-five days. I'm not sure if it will do it. I pulled 8k out of my 401k on thurs :-p.

    BTW if he is going to use trends forecasting, I strongly suggest you watch videos by Gerald Celente. The #1 trend forecaster tells a different story.

  • How do you define "Panic Washout"?

  • Good timing Mike (again)...... when you get bearish....that will be the time to buy

  • How bout now? Another day with a large jump in the VIX?

  • I just could not disagree more!

  • ok.... but WHAT specifics are telling you that this drop will not continue? What would be different if this is the start of a larger drop?

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more