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Detailed text transcripts for TV channel - CNN - 20100507:17:02:00

Interaction is something that we need and speed isn t always the answer. this is the new trading world. it s great for the professional trader. but it is terrible for the public. it s terrible for the average investor? oh, absolutely. because the average investor and that can be an institutional customer or an individual, didn t sign up for this volatility. and he s exactly right. they did not. but this is the system, this is how it works on wall street. don, what we saw here at the new york stock exchange yesterday is that they slowed trades on a number of key dow components and stocks saying we want to come to a rational trading price here. they slowed the trade for about 60 seconds. that didn t happen on the electronic exchanges. will the system change at all? we ve got the best jobs report this morning in four years. 290,000 jobs added to our economy. i m looking at a market down 75 points as a result. investors are not shurd i bithat, don. let s hope at least it stays st ....

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