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CNBC trading against viewers.
- Thread starter st0ckman
- Start date
Quote from st0ckman:
ron paul broke all the financial records for donations and has stunned the political and financial communities.
the primaries were rigged and n. h. is doing a recount.
the news is rigged like the markets.
ron pauls economics are spot on.
and ron paul is not like by republicans. i like paul on some of his points but he is too libertarian for the right. money only matters so much if you don't jive with the party you are running for.
Quote from st0ckman:
this is not for a day trade but a swing trade. right now they look horrible longer term. these things can change. a terror attack, war escalation, policy etc. many things can correct the distribution stage of this sector(dow theory).
i am not talking about a day trade. you should address how well GD and LMT have held up against the general markets. you have to agree they have been strong against the market, correct?
and why are you using charts to justify things that you are stating to be fundamental?
that being said i don't think you are wrong going for a short on these stocks. i am just saying that your argument that these chart setups look horrible is faulty. charts that have held up this long in this craptastic market are showing strength...not weakness. there are a lot better and easier shorts out there.
did i say short? no i did not. i said stay away.
the majority of my video is t.a.. moving average cross over etc.
i made the video to expose cnbc.
i have been doing this a very long time.
been a member here for over 5 years.
you are stupid if you do not take into account other aspects of a trade, fundamentals, geopolitical etc.
again this was not put up as a trade alert but as a demonstration of why you should be careful taking advice from the boob tube.
the majority of my video is t.a.. moving average cross over etc.
i made the video to expose cnbc.
i have been doing this a very long time.
been a member here for over 5 years.
you are stupid if you do not take into account other aspects of a trade, fundamentals, geopolitical etc.
again this was not put up as a trade alert but as a demonstration of why you should be careful taking advice from the boob tube.
Quote from st0ckman:
technically the defense sector dfi looks like it is in distrubution. i made a video of my analysis of the charts for dfi and rtn, ba and gd the three stocks touted as a good buy in the cnbc video clip.
is cnbc dumping defense stocks on viewers because a democrat or ron paul will win the presidential election?
do they know something we don't?
http://youtube.com/watch?v=VaNR7m1I5Tk
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http://st0ckman.blogspot.com/2008/01/cnbc-burning-its-viewers.html
The funniest part of this is the idea that Obama is not going to keep buying bombs and tanks, or that he won't attack somebody after the next false flag attack.