February 29, 2012 Market Commentary By Art Cashin Statistics Fair Value grease ones palms Program Sell Program = -130 = -30 = -230 Prepared by UBS pecuniary Services Inc. Cashins Comments An Encore Presentation On (or about) this day in 1555 A.D., (er....kind of....you know the Leap Year thing....anyway) a local French doctor named Michael published his thoughts in verses. Now, even then, at the babyhood of printing (and thus book publishing) it was not uncommon for nigh people of means to publish their ideas (vanity press existed before self-love Fair). Anyway, this guy could afford it since he happened to be the court doctor to King Charles IX. The docs work had a kind of compelling, close to haunting nature to it. In it he outlined about things he thought might happen...over the next several centuries. suppose...this goose thought London would be consumed by fire in the mid-1600s. He even thought there would be a revolution in France fairish before 1800. And then...are you sitting down...this wacko hinted there would be maybe two global wars in the 20th century. He even claimed that late in that kindred 20th century a religious leader would prink in Persia (Iran) and cause some religious and political problems for the West. Imagine that...?
Well this guy whos second name was Nostradamus had a mountain more to assert. In fact, he had something very interesting to say about todays trading. He said...oh heck, I dont want to spoil the book for you. Just look it up (or you could just watch the tape!). Various pundits laid out conglomerate forecasts yesterday that would have made Nostradamus proud. There was a miniscule hint of almost anything. In fact, it was less Nostradamus and more Goldilocks. Euro Helps mass meeting Shrug Off Dismal Data - Tuesday morning had a few anomalous twists and turns to keep traders on edge. As bottom reached New York, European stock markets were generally steady to operose as the on-going short squeeze helped the Euro to extend its rally. At 8:30, Durable Goods stunned... If you want to get a full essay, parliamentary law it on our website: Orderessay
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