Friday, October 17, 2014

Art Cashin: 50-Year Veteran Predicted Stock Plunge Last Week: What Now?

from King World News
Today a 50-year market veteran, who last Thursday astonishingly predicted that a “cascade” of panic selling would engulf the stock market, warned King World News that this is still an extremely “nervous market.” He also gave the exact level that will trigger the next “cascade” of panic selling to the downside and discussed the historic action in the bond and gold markets. Below is what Cashin, who is Director of Floor Operations at UBS ($650 billion under management), had to say in this timely and powerful interview.
Eric King: “Art,when I asked you last Thursday if the early signs of selling could develop into some more serious you issued what turned out to be an astonishingly accurate warning:
Continue Reading at KingWorldNews.com…
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