Detailed text transcripts for TV channel - FOXNEWS - 20100506:19:57:00
Is down 22 or 33%. 22 bucks or 33%, that drives the dow down 150 points. that in turn triggers what you said, bob, programmed trading for sell orders. >> yes. >> suddenly p & g on the next handful of trades comes back, helping the dow up 130, 140 points and triggers the opposite, more buying. >> which shows you the emotion. jerry was talking about the emotion out there and that's evident in what is going on today. the lessons we learned in march of last year and in 2008 was that these guys, they do the -- you know, ready, shoot, aim. they react precipitously so any event taking place. >> so so...
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