Don't Worry, The Sky Is Only Falling.

[The Swordsman]

oh, I agree, but I am so jaded now because this isnt new for them

Quote from bgp:

i know you guys are correct, but its so absurd.

bgp

 

[Thunderdog]

Quote from The Swordsman:

Bull mkt=high ratings
Bear mkt=lower ratings

Where does CNBC's allegiance stand? Plain and simple as far as I can tell.

I can't argue with you there. I just wish that the talking sphincters would have some accountability to the people they are "advising."

Perhaps CNBC should at least have a warning both before and after their shows advising that the broadcasts are solely for entertainment purposes and that acting on the silliness discussed is grounds for involuntary hospitalization and psychiatric observation.

 

[bgp]

makloda i am not as confident this time around.

bgp


p.s. did someone on this board write about benjamin graham.
between 1929 and 1932 his account was down over 70% and then made a come back.

 

[The Swordsman]

Ideally, yes

Quote from Thunderdog:

I can't argue with you there. I just wish that the talking sphincters would have some accountability to the people they are "advising."

 

[ElCubano]

Quote from bgp:

what in the hell is going on ?? does joe public really believe this bullshit from the talking heads and the fed., and gov. that they are solving all the problems just like that. this financial mess is blowing up right in front of us ! and they are saying buy , don't worry everything is OK. kudlow should be banned from t.v. for false propaganda and most financial commentators along with him.

bgp

the china syndrome

 

[canuckrookie]

Quote from Thunderdog:

I can't argue with you there. I just wish that the talking sphincters would have some accountability to the people they are "advising."

Perhaps CNBC should at least have a warning both before and after their shows advising that the broadcasts are solely for entertainment purposes and that acting on the silliness discussed is grounds for involuntary hospitalization and psychiatric observation.

CNBC is sick and leisure suit Larry is the worst, even worse than Cramer. CNBC should have a legal disclamer running along the bottom tape that reads

"CNBC hosts are solely paid to entertain and are not to be considered professional financial consultants. If fealings of discomfort, annoyance, cronic anger or swelling of the eyes persists, please continue use of CNBC."

 

[Bogan7]

Quote from Thunderdog:

should you tell them to slap on some tanning lotion (sun screen is so pessimistic)

Not to someone like me with stage 4 melanoma. Please everyome be careful in the sun it IS A KILLER.

 

[arealpissedgoy]

Quote from bgp:

what in the hell is going on ?? does joe public really believe this bullshit from the talking heads and the fed., and gov. that they are solving all the problems just like that. this financial mess is blowing up right in front of us ! and they are saying buy , don't worry everything is OK. kudlow should be banned from t.v. for false propaganda and most financial commentators along with him.

bgp

Fundamentally the US equities market will be going higher.

I'll let you figure out the why.

 

[Spectre2007]

the FED is a creating a Depression on purpose just as it has historically, its a front for the international bankers, who profit from War, and volatility in economic cycles.

So they can purchase wealth on the pennies.

 

[piezoe]

Quote from hayman:

Well, if you listen to CNBC regularly, you will realize that all the propoganda is a crock of $#*& !!

We are definitely heading towards a recession. Some of the more ominous signs are:

- Real estate is imploding & will get much worse, before it gets
better. Not only the credit crunch here, but the entire
industry is suffering from large over-supply. The amount of
business that ripples around real estate is incredibly large.
As real estate goes, so does our economy.

- Large Deficit and debt continue to mount. I read that the
national debt went from 5.7 T to almost 10 T under Bush's
watch. What does that tell you about money mgmt ?

- Large run-up on debt will inevitably result in interest rates
rising, so that we can stay competitive with foreign instruments.
Everyone is looking away from Treasuries and investing
overseas. We will be forced to raise interest rates to compete
and meet our debt obligations. We all know what increased
interest rates will do to our already-flailing economy ?

Need I say more ?

Oh, yes, Happy Holidays everyone !

If you insist on thinking logically, you'll never get anywhere as a trader!