Art Cashin, director of floor operations at UBS, has the buzz from the NYSE.
Airtime: Mon. Jul. 20 2009 | 9:08 AM ET
Every day I get up and look through the Forbes list of the richest people in America. If I'm not there, I go to work. ~Robert Orben
According to the CFTC weekly data for the week ended Tuesday, net shorts in the euro fell by 38% from last week's record high and are now at a 6 week low. Net shorts in the pound moved up a touch to just shy of its record high. Net longs in the Australian$ rose to the most since May '08 and net longs in the Canadian$ rose to the highest since Nov '07. Gold new longs fell to a 4 week low. Net longs in crude rose 14% and are just 12k contracts from a record high dating back to...
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July 20th, 2009 at 4:17 pm
On 3/17/2008 David Kostin predicted that at the end of 2008, the S&P 500 would be 1,380
It closed at 903.25
http://www.bloomberg.com/apps/news?pid=20601087&sid=aBivITiDHG9g&refer=home
Is there any correlation between these forecasts, and what actually happens?