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DOW hits record high this morning
Topic Started: Mar 5 2013, 11:03 PM (751 Views)
Neutral
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Fire & Ice Senior Diplomat
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Same NBC on the end of both.
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Mountainrivers
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Neutral
Mar 6 2013, 01:06 AM
Same NBC on the end of both.
You can't watch CNBC and think it's left wing though. Joe Kernan is as right wing as you can get as is the guy who talks about the bond market. Most of them are right or center right.
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Pat
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Mountainrivers
Mar 6 2013, 12:56 AM
Pat
Mar 6 2013, 12:55 AM
I don't doubt the guys on MSNBC are bullish. Kind of like watching the clowns on the business channels. Jim Cramer being a clown above all others.
Not MSNBC, Pat CNBC. The all business channel.
Yep that's the one. I quit watching it as the hosts and staff were and are nothing but shills for their own special interests. I think it was Nividia (maybe another in that sector, it's been a few years), but I might be mistake is a prime example. Cramer was having a fit over what a great opportunity it was and had all his selling points in order. :smile: that week it tanked in one night I believe 14% and went on to near it's present bottom, having lost 50% in value. And that is but one of many examples. Once in awhile they slip up and one they were pimping actually pans out. And then they use that example to sell their credibility. It's amazing people trade on those programs. there is not a stock out there that has not long since adjusted for news cycles days before the reports. Insiders already made their move and the retail crowd gets swept away two days later with the volume drop after the insiders unload. Oh well, until some real regulations take place, it is a poisoned well.
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campingken
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Pat,

About a month ago you told us that we should check the market in a month because it was going to tank. What happened?
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Neutral
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Can you predict the market to the month Kenna?
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Banandangees
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I think all libs should call their brokers right now and BUY!
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Pat
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campingken
Mar 6 2013, 02:52 AM
Pat,

About a month ago you told us that we should check the market in a month because it was going to tank. What happened?
The correction is coming, and I will wait until the bottom falls out before snooping for some scraps. It works for me. I believe it is sooner rather than late. It wasn't today.
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retired
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up. another record.....3 chickens in every pot.
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Mountainrivers
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Pat
Mar 6 2013, 04:58 AM
campingken
Mar 6 2013, 02:52 AM
Pat,

About a month ago you told us that we should check the market in a month because it was going to tank. What happened?
The correction is coming, and I will wait until the bottom falls out before snooping for some scraps. It works for me. I believe it is sooner rather than late. It wasn't today.
Of course a correction is coming. It always does. The thing is to know when the bottom or near bottom is. Nobody can do that. That's why I'm out of the market. I don't pay much attention to the hype about individual stocks, but I do pay attention the economists and the CEO's they have on. You get both sides of the story most times.
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campingken
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Thanks for the advice Ban. Hopefully you didn't sit on the side lines these past serveral years watching us Libs make money. However that could explain your attitude because "misery loves company." :teeth:
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