Argggghhh!!! Cnbc Is A Bunch Of Morons!

Quote from dandxg:

Not to start a flame, seriously, but how can you say that. It sure affected my futures trades today in a bad way. The closer we got to the DIJA high the choppier the futures indices got. I am sure you are aware that big funds use futures to hedge.
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Isnt the choppiness due to getting into a big number (ie 1350)?
 
you should see the put buying going on in the indices

not everyone is buying this rally....

i hate to just short blind into the strength myself....
 
I am not nearly as smart as you guys so I have to watch CNBC to keep abreast of the happenings....

I saw several discussions regarding the DOW 30, number of the stocks up but also the number down...biggest drag, biggest winner etc etc......lots of discussion regarding SP 500 and why it is so important.....discussion on NASDAQ and how far back it is...


But hey, that's just me.....


SteveD
 
Quote from SteveD:

I am not nearly as smart as you guys so I have to watch CNBC to keep abreast of the happenings....

I saw several discussions regarding the DOW 30, number of the stocks up but also the number down...biggest drag, biggest winner etc etc......lots of discussion regarding SP 500 and why it is so important.....discussion on NASDAQ and how far back it is...


But hey, that's just me.....


SteveD
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Dod you see the promiment 'Breaking News: DOW Within X Points of All Time High' they had displayed on the bottom of the screen the entire day?
 
Yes,

M3, the total money supply aggregate, which is conveniently no longer reported, so we suckers out here can't figure out if if the economy is growing at a blistering rate or if the money supply is inflated instead, skewing the numbers.

Another smoke and mirrors job by the Fed.
 
Sounds like some people are caught on the wrong side of the market.

If you're very confident in your convictions that all is not well, then short and don't worry what CNBC has to say.

I can remember to this day when the market was falling apart in 2000 and CNBC would trot out analyst after analyst. The only discussion was whether the ensuing economic (and market) rebound was going to be u-shaped or v-shaped.
 
Quote from ByLoSellHi:

http://www.thestreet.com/_dm/newsanalysis/investing/10311544.html

The Maven: Drop the Pom-Poms

By Marek Fuchs
Special to TheStreet.com
9/27/2006 11:34 AM EDT

soooo HOW do you post a verbatum report from another source? I sometimes would like to share an interesting article I get from Barron's, RM or WSJ but when I just cut and paste the url if the reader is not a subscriber they can't get it. IOW how do you get the words onto ET? THANKS!
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