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Knight Capital a Nail in Coffin for Investor Confidence?

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    Value Advisory chief research analyst Howard Rosencrans explains why he is bullish on the markets.

  • Duration 2:38
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-- -- What our next guest says the trading glitch at night capital is just another nail in the coffin for investor confidence Howard -- Krantz is founder chief research analyst.

At value advisory.

For different events Howard now for different events that have rocked people America -- portrait anymore what do you say -- them.

-- the individual investor wants to be no -- near this this is now get in the ring with Mike Tyson.

He's just hit you for the umpteenth time you're out of the -- permanently however that's the fear mechanism over time investors react.

The market starts to move in the right direction it will take time but the -- will kick him.

And it appears bullish I am I am axle posted a look at what's that's why we got we got a hundred we got a couple have not always -- you know -- -- -- We've got its we've got minor dip downward got a 150 bell 150 points in the context of a thirteen thousand Dow.

We've got a you've got -- -- don't want out there trying to save Europe.

What the Fed's not stepping up -- up you've got a tremendous number of headwinds and yet the market is holding strong the reality is check the stocks are cheap on valuation.

America is the place to be we have the best house in a bad neighborhood money's gonna migrate -- everybody's already taken a tremendous amount out of the market it's gonna come back.

-- SEC is gonna comment there RD screams coming from Wall Street they've got to come -- and do something whether it's inquiry panel.

Whether it's a full fledged investigation I mean.

They're gonna step -- that could mean more regulation on the markets why would I as a retail investor and -- -- -- that cesspool.

You're right the regulators are gonna step but -- in the -- -- step -- up significantly.

I don't see them as the players that will move the needle initially at the beginning of the game we start to get into a more any market when the environments starts to improve.

They're gonna come on they gonna jump on the bandwagon this and it took them forever to get out you saw the massive amount of inflows into the market in 2000.

At the very -- you've seen 300 billion dollars come out of the market since the fast question.

Since the crash in 2010.

They'll get back I'll get back -- One -- -- to let you go JPMorgan has been mentioned -- -- telecast radios exclusive reporting as as a company that could be a B lending money tonight from capitol you talked about JPMorgan on the show before -- com.

-- huge fan JPMorgan dot -- they've got substantial amounts of capital they're willing to step up the aggressive.

It.

If necessary they'll get a very pretty ready out of night.

I don't think nights around too -- -- Don't think their -- on -- -- -- he thinks it because -- little biased it's all people it's all people good people walking out the door ready they gonna hit the bid if they're dot they're done comment all right how are residents thank you very much thank you read about and.