Stevens. My name is ben feuer. Im also the chairman of the appellate section of the Bar Association of the San Francisco which organized this event. I would like to extend a welcome to members of a few groups who are cosponsoring tonights program, the ninth judicial Historical Society and the American Constitution Society bay area chapter. Id like to welcome cspan which is brother aadcasting the discu tonight. In ten years or so that ive been putting on programs like this, this is the first time cspan has come. So weve made it. But truthfully, i think cspan has some of the most interesting programming on all of television, at least when congress is out of session. And so i recommend you check it out, if you dont already. Before we begin, i would like to ask everyone to put their phones on vibrate. The next program that were going to be putting on, on january 28th, is on settling cases in the ninth circuit. If that interests you, be sure to sign up. Were also going to save time at the e
Speaking to officials about that report. What are they saying . Reporter there is a caveat. The santa rosa fire official tells me pg e power lines sparked fires at these three locations throughout the city. Winds like those that you see from here that night are the likely culprit here of the initial culprit for starting these fires. This is video from october 8, the ninth at the wine country fire raging out of control. The high wind is blowing dirt toward our camera, and threatens to topple our lights, and the Santa Rosa Fire Department told me three fires that broke out that night were an active Mother Nature initially. Wind played a contributing factor in the ignition of the fire. Reporter and he said it was high winds that triggered what happened next. We were able to identify that we actually were physically able to witness sparks coming from the utility that were directly associated with the wind. Reporter specifically he said, pg e utility lines sparked the flames that burned two
And demand theres so many other factors but right now its holding nicely but david youve seen these markets over the years like you say you have a longer term term view and and we do see opec and other nations russia namely that have their Production One point eight one point eight billion Barrels Per Day that theyre there holding off the market but the u. S. Seems to be making up for that so you do you see the increased u. S. Production keeping sort of a governor on prices. Absolutely i mean the United States has been i mean lets be realistic theyve been knocking the cover off the ball i mean theyre at the highest production rate that theyve ever been you have regulations that are being pulled back like it or not it is what it is and thats going to enable more and more production to be made so i do believe that will be a major factor and keeping somewhat of a cap i dont see except for maybe a world event there an issue in the middle east i mean a major issue a major spike in prices an
When electronic markets come in and the algos kick in there is no way the average person on the trade or ameritrade thats putting their orders and can hit that button and make a decision fast enough to curtail their losses and training is very simple its all about critelli your losses and riding your winners and that makes it very difficult you know when markets go down they go down fast when they go up they can go up fast too so its a double edged sword David Greenberg founder dreamer a catheter executive Committee Member of the New York Mercantile Exchange in the path thank you for joining us david. Thank you good to see you. And more energy when we return but as we go to break markets continue their curious correction the dow when just Dow Jones Industrial average dropped by one thousand one hundred Seventy Eight points today thats following fridays six hundred sixty point one we saw the largest intraday dow drop in history in history keep in mind that the dow was up in january year
About critelli your losses and writing your winners and that makes it very difficult you know when markets go down they go down fast when they go up they can go up fast too so its a double edged sword David Greenberg founder and dreamer a catheter executive Committee Member of the New York Mercantile Exchange in the past thank you for joining us david. Thank you good to see see you. And more energy when we return but as we go to break markets continue their curious correction the dow when just the Dow Jones Industrial average dropped by one thousand one hundred Seventy Eight points today following fridays six hundred sixty point plummet we saw the largest intraday dow drop in history good history keep in mind that the dow was up in january year over year thirty percent in january alone so five or ten percent is still you know were still up and some of predicted this thing i predicted it but i didnt think it was to come this fast in this furious as we go to break here are those numbers