I have a thesis on "everybody at CNBC has gone crazy."
for about 6 months they were relevant. We saw Art Cashin on Today. Cramer on Today. Rick santelli on .... YouTube. Dylan Ratigan, for about 10 days was Edward R. Murrow. Well, now as they go back to being "Talking Heads".... they have to act up, like the Bad kid in class to get attention again.
but maybe it applies to everyone ;)
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
Friday, May 8, 2009
cnbc Crazy thesis
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