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Transcripts For CNBC Squawk On The Street 20130823

This morning defended the way hisses change defended the outage. He added that he was, quote, proud of the fact that we had an orderly close. Guys, heres how its playing on the front page of paper it is people have not seen. Nasdaq in fresh market failure is the way the journal puts it across the top of the fold. Nasdaq paralyzed by technical breakdown is the ft. And then, jim, usa today, wall street yawns as nasdaq goes dark. I thought that was the most cogent of all. No one really cared. Bob said everything was good. They did a great job. Its fine. I want to let people know we speak with people around here. They all scoffed and laughed at that. Bob said what he did. I felt what i felt which was that the lack of communication was terrible. I had the unfortunate moment where i had to be on air and had to try to speculate. The way you cut back on speculation is to come out and say, guys, heres what we think is happening. We were all stuck trying to speculate because the communication wa

Transcripts For FBC Countdown To The Closing Bell 20130821

We also saw the fiveyear period i think this is interesting. 1. 62 for the five year period what was it like . A lot of whiplash going on. We are always looking at light volume. Again, we will be seeing a lot of up and down trading for the next few weeks. We will wait for the next fed meeting. Then all the speculators will be thinking the same thing, like they were. They were looking at a specific date. None of that happened. We will continue to see the whiplash for the near future. Liz i found it interesting that you said everyone wanted a part of this. Mark newton, what can we expect as we look toward the next meeting . We are still in a very seasonably bearish month. On a monthly basis, stocks are still quite overbought. I am a little more bearish, i think, over the next couple weeks. The s p still has a good shot at pulling back. Liz okay. Let me get to something that certainly matters to a lot of people. Oil dropping more than one dollar. What is that about . Major news in the mid

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