This is a really, really naive response. There isn't really anyone on the trading floor anymore. ECNs have taken over, and account for 97% to 100% of trading volume on any given day. No one trades from the floor anymore. So no, there's no group of people who are "the market" whom a reporter can poll for sentiment. You are completely and utterly wrong, and the only data you cite in support of your opinion is the fact that lesser outlets--outlets of the type that Ritholz has already said he files under "infotainment"--have glommed onto the same bogus explanation and run with it.<p>Ritholtz knows more than you will ever forget about what moves markets. He is spot-on, here.