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Sidelines Market Commentary From Art Cashin

Tyler Durden's picture





 

"We'll let the party continue, I am just not going to partake of the tainted food"

 

 


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Wed, 09/16/2009 - 15:39 | Link to Comment Chippewa Partners
Chippewa Partners's picture

Genius or past his prime?  I smell something .......

Thu, 09/17/2009 - 13:04 | Link to Comment Blunt
Blunt's picture

Straight shooter. 

Wed, 09/16/2009 - 15:41 | Link to Comment mule65
mule65's picture

Art, Skip the appetizers, stick with bottled beer, and hang out near an exit in case of raid.

Wed, 09/16/2009 - 15:44 | Link to Comment lizzy36
lizzy36's picture

oven mitt

 

Wed, 09/16/2009 - 16:10 | Link to Comment Anonymous
Wed, 09/16/2009 - 15:58 | Link to Comment Anonymous
Wed, 09/16/2009 - 16:52 | Link to Comment Anonymous
Wed, 09/16/2009 - 16:52 | Link to Comment Anonymous
Wed, 09/16/2009 - 15:59 | Link to Comment tradertim
tradertim's picture

art said..."the laws of aerodynamics say that a bumble bee can't fly.."

be free bumble bee!! fly away!!

dontcha luv the smell of bubbles in the morning?

Wed, 09/16/2009 - 16:06 | Link to Comment johngaltfla
johngaltfla's picture

Interesting that the 30 day yield is now 0.00% again and probably heading negative along with the 90 day hitting 0.06% also. Gee, I wonder if the money market explicit guarantee expiring on Friday is going to create another "interesting" end of week.....coinciding with Op-Ex; this won't be a dull Friday.

Wed, 09/16/2009 - 16:10 | Link to Comment Anonymous
Wed, 09/16/2009 - 18:12 | Link to Comment mdtrader
mdtrader's picture

Art has almost 50 years experience, that's something money can't buy, and certainly something I would have a lot of respect for.

Wed, 09/16/2009 - 18:14 | Link to Comment lizzy36
lizzy36's picture

i concur.

very well said!

Wed, 09/16/2009 - 18:16 | Link to Comment Howard_Beale
Howard_Beale's picture

Cashin has consistently been a voice of reason and gets less and less airtime as a result.

Wed, 09/16/2009 - 22:49 | Link to Comment Anonymous
Thu, 09/17/2009 - 02:30 | Link to Comment mdtrader
mdtrader's picture

Something you need to learn.

Wed, 09/16/2009 - 16:10 | Link to Comment Anonymous
Wed, 09/16/2009 - 21:00 | Link to Comment mule65
mule65's picture

I beg to differ -- this has been a pretty steady climb.  Feeding frenzy will be panic buying with +200-400 on DOW with some VIX and volume.  Haven't seen any of that yet.

Wed, 09/16/2009 - 16:26 | Link to Comment D.O.D.
D.O.D.'s picture

Fascinating...Phantom pain, so this would be phantom euphoria...interesting, a zombie market with phantom euphoria running around indiscriminately slaying teenage bears and devouring the dollar...

There's a movie script in there somewhere... now if we only had a hero and an ingenue...

edit: Can't forget the mad scientist Bull Shalome Shitzzle, this zombie market is his creation, and it will live again.....muhahahahaha

Wed, 09/16/2009 - 16:32 | Link to Comment Gilgamesh
Gilgamesh's picture

Still waiting to see if Marla can pull off an R0 night of 

"The Zombie Dance Party Rocks On" sponsored by Chris Whalen.

(note: I have made no attempt to actually contact either)

http://us1.institutionalriskanalytics.com/pub/IRAStory.asp?tag=378

Wed, 09/16/2009 - 16:23 | Link to Comment economicmorphine
economicmorphine's picture

It's like getting stock advice from grandpaw

Wed, 09/16/2009 - 16:25 | Link to Comment Anonymous
Wed, 09/16/2009 - 16:27 | Link to Comment ptoemmes
ptoemmes's picture

Uncle Artie seems genuinley flummoxed.

Maybe he nibbled on the tainted food and has indigestion.

Pete

Wed, 09/16/2009 - 16:41 | Link to Comment Anonymous
Wed, 09/16/2009 - 17:00 | Link to Comment bonddude
bonddude's picture

Carry trade, f@kin' A it's a carry trade...since rates have been at zero and protected "bank holding companies" have rammed that cash into equities it's been beanstalk city.

 

Wed, 09/16/2009 - 17:51 | Link to Comment Anonymous
Wed, 09/16/2009 - 18:03 | Link to Comment Anonymous
Wed, 09/16/2009 - 18:05 | Link to Comment Careless Whisper
Careless Whisper's picture

...the market is like when it's not there but you can still feel it... phantom limb pain, yeah that's it.

Wed, 09/16/2009 - 18:37 | Link to Comment logistics (not verified)
Wed, 09/16/2009 - 18:46 | Link to Comment Screwball
Screwball's picture

Art's wit, and Santelli's rants, are the only good thing about Squawk Box.

They are green shoots poking out of the cesspool of bullshit known as CNBC.

Wed, 09/16/2009 - 20:33 | Link to Comment There ya go again.
There ya go again.'s picture

Every bubble needs a name.

I'd like to propose  "Benny's Boil " . 

Watch her grow, and the she'll pop.

Wed, 09/16/2009 - 21:28 | Link to Comment Ned Zeppelin
Ned Zeppelin's picture

I like the line about having to go by the fundamentals "...when you don't get tomorrow's newspaper a day early. " Art, you mean like The Squid? 

I think Art took a shot at somebody there.

 

Thu, 09/17/2009 - 08:20 | Link to Comment Anonymous
Thu, 09/17/2009 - 02:54 | Link to Comment Grand Supercycle
Grand Supercycle's picture

DOW / SP500 / FTSE weekly trend continues to show strength.

Daily chart still overbought.

The weekly trend will always have more influence than smaller time frames such as the daily chart.

But are copper and bonds giving us a warning ?

http://www.zerohedge.com/forum/market-outlook

Thu, 09/17/2009 - 10:13 | Link to Comment NumisEX
NumisEX's picture

Love old-timers like Art. They can really see the big picture since they've seen it all. I'll take a little devil's water any day over tainted food.

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