Market Bottom??Watch CNBC

[William Rennick]

I predict the Market will hit it's precise bottom between 2:30 and 3:30 pm EDT on a day when CNBC hauls out a big name like Barton Biggs to say enough, that's it, according to his charts we've bottomed, most likely Ron Insana will do the interview.

...Rennick out

 

[roctrend]

Intrade or Tradesports should put odds on this type of occurence. You are right about that. Fade CNBC.

 

[myminitrading]

Quote from William Rennick:

I predict the Market will hit it's precise bottom between 2:30 and 3:30 pm EDT on a day when CNBC hauls out a big name like Barton Biggs to say enough, that's it, according to his charts we've bottomed, most likely Ron Insana will do the interview.

...Rennick out

Barton Biggs, is he still short crude oil. I think he just about went broke on tht call.

 

[Free Thinker]

didnt biggs retire and start his own fund? cramer is the new cnbc guru and when he gets negitive you will be close to a bounce. so far he is still saying buy this pb.

 

[Free Thinker]

Quote from vhehn:

didnt biggs retire and start his own fund? cramer is the new cnbc guru and when he gets negitive you will be close to a bounce. so far he is still saying buy this pb.

is this is our signal?

Jim Cramer
FREEFALL
1:34 PM EDT
It is a freefall now,

 

[Longhorns]

If Ralph Acampora says "We're going to zero!!!", I'm maxing out all my accounts long.

Never has one man been so wrong so often.

 

[Free Thinker]

Quote from Longhorns:

If Ralph Acampora says "We're going to zero!!!", I'm maxing out all my accounts long.

Never has one man been so wrong so often.

ralph got fired. we wont be hearing from him anymore.

 

[Longhorns]

Quote from vhehn:

ralph got fired. we wont be hearing from him anymore.

I'm hoping CNBC brings him on for a guest appearance.

 

[William Rennick]

Whoever they bring out will reverse the market, and I wouldn't fade the guy. It may not be today, I'm just saying when the Market finally bottoms this will be the reason.

...Rennick

 

[Free Thinker]

Quote from William Rennick:

Whoever they bring out will reverse the market, and I wouldn't fade the guy. It may not be today, I'm just saying when the Market finally bottoms this will be the reason.

...Rennick

cnbc gurus are almost always bullish. nobody i know pays any attention to what they say.