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Page 9 - Russell Goldsmith News Today : Breaking News, Live Updates & Top Stories | Vimarsana

CNBC Mad Money May 4, 2010

run. that s what i need you to keep in mind when you listen to those who are purveying the ease of destruction line today. to those who keep going back to the buffet of horribles that caused today s sell-off. yes, a buffet. because the shorts and the panic sellers pick and choose from a variety of reasons for knocking down this market. all right. so let s go over the disaster menu. okay? first it s the chinese, communist government tightening. trying to induce a slowdown. and that s making people worry that the asset bubble in the people s republic is being pricked. a big reason for a big reason for the selling in the industrials and the raw materials plays that sell to our friends in china. my chairman mao book. you re probably asking the psalm thing over there now. second it s the endless drum beat of concerns in europe, worries about portugal, worries about spain. they ve created an entire cottage industry of sellers who are now afraid of france, holland, germany. hey, w

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