i hate when tv shows try to explain why the dow is up 4 points

Quote from vladiator:



drop the "teach" part and you'll be correct. Some who teach do CAN do and DO do. Why do you all have this need to vent frustration with academia and its inhabitants??? Were it not for them, you'd have no idea what an option is worth etc.
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That's one of the funniest posts I've ever read! You really believe your own bullshit, don't you?
 
Quote from TM_Direct:

...actually, the most annoying aspect is when maria comes on every day for two years and says..."it looks like we hit the bottom"
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Whose bottom are we talking about?
 
Quote from dgmodel:

i dont know if you noticed however typically when MARIA BARITROMO (sp?) is on and indicates a movement in any one direction the market goes the opposite a few mins after the open... if you havent pay attention next time its sooo funny...
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Shhh! You're giving away the (not so secret) fade CNBC strategy! :p

:cool:
 
Quote from vladiator:



the funny thing is he WAS right :D, for the average Joe, it IS the best strategy AND probably the best time to start. Especially if he picks passively managed tracking funds. If you ask me, I'd say that it actually applies to more than just the average Joe. It probably applies to all joes except very very few, and you better be right about being one of them. But that's just my opinion :)
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oh my:eek:
 
Watch the news for amusment. Trade the price action regardless of the news.

I've many times watched stocks move for a day or two or three, before anything ever hit the news as to why it was moving.

It sometimes is amusing to watch the cnbc or bloomberg and see what reasons they attach to the days action.

The firsthand news crosses the ceo's desk long before it crosses the wire. Sometimes hints are given in price action.
 
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