Art Cashin CNBC 12/16/08 - Goldman Sachs GS

Art Cashin, NYSE floor trader from UBS, was on CNBC 12/16/08 and gave his comments on what he is looking at today as far as the stock market goes.

What are you watching today Art?

I think we need to sit back and wait for the Fed and GE guidance that will be coming this afternoon. The Goldman Sachs ( GS ) earnings were neutral, weren't as bad as people expected but their rating was downgraded by Moody's. We also have to see if there is more fall out from the Madoff scandal.

Traders want to hear something on this quantitative easing from the Federal Reserve Today.

For all of Art's Comments, go here

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