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i love what rick said and 10 year bond yield is 2.35% now. i been letting my short just trade for awhile now but this feels like the first real sell off in along time. i don't trust the market though so we will see what tomorrow brings and i am worried about the triple witching day.
i haven't watch cnbc for years,but i remember Santelli as a typical reporter. wtf was that? is he high or something? he looks and acts like a Denis Liary on a stand up or Lewis Black this market became a joke and so did reporters. they acting like a comedians now.
(Afraid of?), -30 on spooz, maybe? But yeah, Santelli is a carnival barker. Fun to watch depending on your ability to suspend disbelief.
Santelli is so busy hollering he can't hear. down 50 from when he was talking. I just don't get his point, and I think transparency is soooooo much better. When Greenspan was in, because of the LACK of transparency when fed decision did become public we could lose (or gain) 50 pts on the spoos in minutes.