Quote:
Originally Posted by Back Beach
Art Cashin on CNBC a short while ago mentioned there hasn't been a bottom put in yet based on the volume you typically see at market bottoms.
Tough too believe there's not enough panic out there yet, but Art called the 10/10 selloff and subsequent rebound "less than perfect."
For the short term he anticipated a bottom within the next two weeks and possibly rally heading into the election.
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Mike,
Did you happen to see Cashin talking today about the 10/27 lunar cycle sell off fears? Kind of an odd correlation between historical stock selloff's and the New moon in October.
Kinda makes me want to buy a dozen eels for tonight's last of the west.
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