Thursday, September 17, 2009

Art Cashin

(c) 2009 F. Bruce Abel

Saw him interviewed at the end of the day Tuesday. On CNBC. Red-nosed and all. Totally a floor trader with no agenda. Admits he's missed it. But "the rally is not sustainable" because of the underlying economy.

On the other hand Cramer, oh Cramer! Every thought he has is gold. He's taught us how to think like hedge funds think. Like the big boys think. Hint: they're just like us.

His thoughts about how the individual "little guy" day-trader has an even playing field are, in my opinion, very correct.

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