Detailed text transcripts for TV channel - MSNBC - 20110805:09:38:00
Sigh of relief. >> if you had to predict what happens when the markets open -- let's say the jobs number is at expectation, 70,000, 90,000, as you spoke of, what happens today? >> i don't -- it's a bad game to guess. i suspect what will happen is that we will sort of glide along the bottom. we might go, by the way, slightly lower. but that's not to suggest that we will have another panic. the worst thing that happens is people panic, they see one number, they call up the broker and say i got to get out, i got to get out. right now it's not clear that this is the time to do that. >> all right. ...
Source: news source