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Transcripts For KPIX CBS 5 Eyewitness News At 6PM 20110806



the dow finished up 61. the nasdaq lost 1% and the s&p 500 finished with little change. len ramirez with advice for a lot of worried investors. reporter: hold on tight is the only thing i can say right now. this is what they call a whipsaw day on wall street. huge fluctuations, triple-digit swings in both directions. that s fine, great. i m glad you did. reporter: the view of silicon valley is calm and peaceful from the 13 story brokerage office. but after a volatile day on wall street his computer screen looks like a seismograph after a big one. it s been a roller coaster ride and a lot of people have called today and asked, you know, where should we go? reporter: following yesterday s dramatic 513-point drop, the only way to go was up. but positive news that american companies added 117,000 new jobs in july was offset by continued worries about the effects of a european debt crisis. normal day on wall street we ll say about 200 point swing. this is 300 in ....

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