I have an idea for a new CNBC show.... It's called "What would you put your 60 year old mother into" Besides Bonds..
This struck me when some grandmother called into CNBC worried in the last sell of, and CNBC prided themselves in calming her down.... Little did she know she needed to sell off in the next rally.......
You can guarantee that that retiree is still long this market.
Sure they give Cramer a warning.... but what they need is a disclaimer every 30 minutes......
TALKING HEADS ON CNBC are Neither Journilists, nor ECONOMISTS. They are mostly full of shit....
Maybe just a Crawler.......
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Saturday, September 8, 2007
New CNBC show
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