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Wednesday, April 7, 2010 as of 11:14 AM ET

The Casone Exchange
  • October 27, 2008 05:25 PM UTC by Cheryl Casone

    Be the Bull, Go Ahead

    Seth Glickenhaus was back with us today. He is one of the few people in this world we live in who experienced, and remembers, the Great Depression. Even better, he was on Wall Street at the time, and remembers the mood, the fear, the panic he witnesses. Seth is now 94, and he speaks a little slower, but his mind is working overtime.

    Best thing about this interview? He says where we are now, is NOT where we were in 1929. He is bullish, and I mean, VERY bullish.

    Take a look!

    CC

Tom W

As a Realtor, I see everyone buying high and now selling low. I think that is the wrong approach? Go figure? Real Estate and Equities are a bargain now. Now is the time to buy, buy, buy. Our economy is in the bottom of the business cycle, it goes up, then down, then up again. Buy now sell later. Only however, if the government doesn't take over managing business, then it will stay low.

November 2, 2008 at 9:26 am

R.Sole

I would like to thank the bears for giving away stocks at bargain prices. If it wasn't for you suckers, I wouldn't be able to set myself up for life by going 100% long stocks here. Enjoy your 1% money market returns and 3.5% treasury yields, I'm sure you'll do well with that!

November 1, 2008 at 12:36 pm

B Scott

I am very Bullish on the future for main street and heres why... The USA for decades responded to worldwide crises/food shortages with massive assistance and food aid.It should only be a matter of time before all those countries start helping out the USA,I can just see all those Care Packages falling from the sky.

October 31, 2008 at 11:33 pm

monkeyfurball

This guy is 94. Folks you have less than a 5% chance of living that long. And he's still smarter than most of the talking bobble heads I hear on cnbc. Remarkable, simply remarkable.

October 30, 2008 at 11:21 pm

jerry

hey you guys are doing a good job. keep up the good work. in ten days we are going to have one big bull market. take that to the bank! thanks jerry

October 29, 2008 at 7:21 pm

chuck

Cheryl in this market anything can happen. When I saw the market ralley this afternoon it meanns that I made money. But with the market fluxations now in play it could mean tommorrow the market could be down. Having observed the extreme pendulum swings for day to day. But I'm now worried about it. So the with an afternoon market ralley that tells me the Asian Markets are going to be up tommorrow. I wonder with these fluxations and global rescession,makes me wonder if the global market is heading into this gradual recession. Sometimes the extreme pendulum swings within the market does make one wonder. U know what I mean? As for the bottom out of the market,I'm waiting for the signals and signs for a recovery. Like yesterday the housing market had an upturn for once.

October 28, 2008 at 4:01 pm

Matt

With many stocks trading at what I think are high p/e ratios a new bottom can still be around the corner. I think the bull market prediction is pie in the sky. But I like this guy and respect him.

October 28, 2008 at 12:48 pm

Eric W

CC: Those wanting to get in should buy some of the good stuff that is on sale now, but wait 'til after the election to go all in.

October 28, 2008 at 8:30 am

Shane

Seriously Cheryl! Do you actually think people are going to look at your big smile and trust your gobbly-gook. I sure hope the trusting blondes with a big smile days are over. Give me a break. Your optimism is borderline psychotic. Please use your voice for the people not those crooks on Wall Street who want more of the people's money to blow on a dead economy. The economy is contracting everywhere at an alarming rate. Look around and take notice of what's going on. In spite of lower gas prices, take a look at the other commodities, energy costs for businesses are going up 10% around the country, city governments in the Mid-West are laying people off just to pay for their salt on the roads for winter. Salt has tripled in price. Buying food isn't like going to the dollar store, it costs a lot to feed a family these days. Please speak honestly. This is absolutely not a market to get back into, even with a false spike. Pandora's box has been opened, let's take her best shot and recover after this tough time is over. It's time for people to quick playing games with the devil. Your bull will be eaten quickly by the big fat grizzly bear that has eaten $2.8 trillion already and he's still hungry. Please folks don't listen to such nonsense.

October 28, 2008 at 1:51 am

about this blog

  • Cheryl Casone joined FOX Business Network (FBN) in September 2007 as an anchor. Prior to FBN, Casone served as a correspondent for FOX News Channel’s (FNC) business unit and was a regular guest on FNC’s Your World with Neil Cavuto. Casone brings years of experience covering finance, business, and consumer news to FBN.

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