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Were presuming that everything is too high until proven innocent. At one point today precisely at 11 43 a. M. We saw sheer, raw, panic. The kind you get when investors just capitulate because they cant take the pain. The the house of pain any longer. It seemed like a crescendo selloff, thats what i like to call them as the averages rebounded in the afternoon and the dow slipping four points and the s p advancing. 1 and if we get the wrong employment number tomorrow, too strong or too weak, i think well see another 11 43 a. M. Like panic. What can you do . You know what i say . I say nobody ever made a dime panicking, but plenty of people have made a dime taking the other side of a panicked trade, a panic occurs when those with weak hands violently dump sell, sell, sell, sell, sell all their stocks at once, the good with the bad which allows you to pick among the rubble and maybe pull some babies out of the bathwater. So tonight im taking the other side of the panic trade and giving you ....
Cliff. Our very own lou dobbs is not buying it. Adam our very own Nicole Petallides is on the new york stock exchange. Where do we stand right now. Right now the Dow Jones Industrials are down nearly 60 points. The nasdaq composite is down three quarters of 1 . Not a great day here. There are concerns about the fiscal cliff. We just have the deadline timeclock up again. We know that we have very accommodative feds. Lets take a look at some european markets. Finance ministers have been discussing things including giving them more power. These are some of the things that they are looking at closely. We had seen europe really pushing some new recent highs. That is something that pushed us along in the last couple days. Lori a showdown in washington. Sparring over a dead deal. It does not look like either party is ready to budge. Where are we now, rich we are still in t ....
it certainly is important on this bill and the functions of the f.d.a. concerning the importation of prescription drugs into this country. i believe the senator from north dakota s amendment and i would agree to a time agreement within an hour hour equally divided or half-hour equally divided and vote on it. but i think the american people ought to know whether we re going to be able to import prescription drugs into this country so to save them billions of dollars every year rather than take so much of their hard-earned money, especially retirees. mr. reid: madam president? the presiding officer: the majority leader. mr. reid: w we have been trying for two days to move forward on germane amendments. i have had several conversations with senator dorgan. i know how important he feels. i voted with him and you every time this matter has come up. and i would be happy, ace indicated here earlier, to work out some kind of an agreement on this. but at this time, until we ge ....