Quote from saptrader:
i have dj bloomberg and reuters. my point is that CNBC breaks news, david Faber and that chuck gasparino break news intra day. especially now they have many contacts in the banking industry and are the first to have a company deny rumors. 3 great examples i can think of recently are
1)AIG 10/26 david faber say aig deny rumor (2 points)
2)GRA 10/12 dylan radigan calls DOW and they deny rumor of interest in GRA (2 points)
3)last week, CNBC says GS deny writedown rumor (4 points)
So does anyone have any idea any services u can call to, to get cnbc real time with no delay?
Quote from saptrader:
really? didn't;t seem like anyone said what i said want true, GS, GRA, and AIG in past 2 weeks. who needs 2 points on 20,000 shares? and oh yeah what about faber making DJ go 30 points? Or did i jsut dream that he broke NWS buying DJ? keep thinking cnbc does not break anything, more shares for me.....actually your right cnbc does not break news, but back to my point, can anyone tell me HOW TO GET REAL TIME CNBC? thanks and advance
Quote from Cocaine:
Bro, Ive traded prop for over 8 years now, you are on CRACK if you think CNBC is worth watching for breaking news.
Quote from AAA30:
Saptrader,
I think what most people here are saying is that there are better sources available then CNBC for news trading in general.
Maybe they have a small edge now with the broker connections, as you pointed out, but from a total news standpoint they are weak/slow. Also everyone most likely gets a 3-7 sec delay for cnbc cable and satellite feeds.
Andy