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Transcripts For CNBC Squawk On The Street 20120409

meantime, aol has cash be. shares seeing a monster pop, up about 39% premarket. and avon has a new chief. the stock had the best week since 1989. wow. the market is getting a chance to react to the less than stellar economy. obviously much fewer than expected. the unemployment rate dropping to 8.2% suggests that the recovery remains trepid and could lead to new rounds of quantitative easing. you learned us that the market would see turbulence this morning because we had no opportunity to respond on friday. look, i wanted very much for the jobs report to come out thursday. we re an automated society other than the labor department. people at home are saying, wait a second. some people have to trade futures, some people got out ahead of this. everyone is going to want to sell. i see people on twitter who say, listen, is this the time to panic? panic has never been a great strategy. all stocks are not trading together in 2012. some bargains could be surfacing. four-mon

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