Charles Biderman of TrimTabs Investment Research appears on Bloomberg TV's taking stock with Pimm Fox to discuss the June jobs report and where he think the market is headed.
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A little worried
Date: 07.03.09 Posted by: Janice Bulgar
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replyI am a little worried about the markets moving so fast. Based on the numbers alone, there is no reason for this kind of jump. I do agree with Charles but at the same time, there does need to be a turn around.
I hope you're wrong Charles
Date: 07.03.09 Posted by: Tim Knowles
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replyI seriously hope you are wrong Mr. Biderman. In this type of market, anything goes and I really don't think we can compare this to anything we have ever seen in the market historically. Information is passed along so fast now that people react and can make decisions so fast. Lets hope the market can support itself because one more down turn and we're screwed