Rick Santelli just went off

Quote from makloda:

Why some people believe they can gain an edge trading when watching TV is beyond me. I never watch CNBC other than those Youtube videos when they have something funny to show.
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Ever wonder why 95% of traders lose money?


There is no reason why anyone should ever watch CNBC except for entertainment purposes. The entire network is a shill, except Santelli.
 
Quote from Cutten:

It's good as a gauge of conventional wisdom/mainstream sentiment IMO, especially at market extremes.
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Yes, I would agree 100%
CNBC does seem to be a great measure of sentiment at the extremes.
 
Quote from Landis82:

The only thing that Santelli does is relay what the markets are telling him . . . It is easily done.

The "talking-heads" on CNBC ( like "Dennis the Menace" who has still yet to figure out what Fed Funds are and how they relate to intra-market spreads and monetary policy ) just haven't ever had an Economics class to learn how to "listen" to what the markets are reflecting.

What Santelli does is nothing new.
But amidst all of the MORONS on CNBC, his commentary and thoughts appear almost "ground-breaking" in nature.
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lol. This post is so funny. So what are you trying to say? Rick is just a moron regurgitating what the market gives him?

You all act like the morons on CNBC can't be correct. A lot of the money made in this market is made by complete accident. Hell, LTCM had a bunch of fuckin geniuses working for them and look how that turned out.

Some times the idiots have something good to say. How they get it is beyond me, but I like keeping an open head after i've formed my own opinions.

Why some people don't.....We'll that's their business, but it's not a good way to go about things IMO.

With that said, CNBC is like a business reality show. 80% garbage, but sometimes you'll see something worth while or entertaining.

Was happy to see Rick on there today setting that goofy fuck with the glasses straight.
 
Quote from athlonmank8:

Some times the idiots have something good to say. How they get it is beyond me, but I like keeping an open head after i've formed my own opinions.

Why some people don't.....We'll that's their business, but it's not a good way to go about things IMO.

With that said, CNBC is like a business reality show. 80% garbage, but sometimes you'll see something worth while or entertaining.

Was happy to see Rick on there today setting that goofy fuck with the glasses straight.
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good call... :D
 
Quote from athlonmank8:

lol. This post is so funny. So what are you trying to say? Rick is just a moron regurgitating what the market gives him?

You all act like the morons on CNBC can't be correct. A lot of the money made in this market is made by complete accident. Hell, LTCM had a bunch of fuckin geniuses working for them and look how that turned out.

Some times the idiots have something good to say. How they get it is beyond me, but I like keeping an open head after i've formed my own opinions.

Why some people don't.....We'll that's their business, but it's not a good way to go about things IMO.

With that said, CNBC is like a business reality show. 80% garbage, but sometimes you'll see something worth while or entertaining.

Was happy to see Rick on there today setting that goofy fuck with the glasses straight.
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Goofy Dennis Kneale surely can't be as dumb as he sounds. I think cnbc hired him to simply be bizarro kudlow during the day.
 
Yeah, Santelli is great. I wonder if the other anchors are starting to hate him since he corects them and sets them straight................... Maybe Rick should set up a blog.
 
Quote from jd7419:

Goofy Dennis Kneale surely can't be as dumb as he sounds. I think cnbc hired him to simply be bizarro kudlow during the day.
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They hired people like him because they lost access to the true professionals of the financial media when Fox bought the WSJ.

Seriously, WTF does an entertainment reporter ("and it looks like Britney is stopping for her daily Starbucks fix!") know about the Fed. I bet he couldn't tell me how interest rates determine price.
 
Quote from quickturtle:

Yeah, Santelli is great. I wonder if the other anchors are starting to hate him since he corects them and sets them straight................... Maybe Rick should set up a blog.
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This new aggressive personality that he's showing is kinda new for the channel - I think he's getting tired of all the idiots that CNBC promotes. He wasn't always like this. But hey, at least he doesn't think he's smarter than EVERYONE and has his own hedge fund, like another CNBC personality (and I don't mean Kramer (sic))
 
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