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Pastimes : CNBC -- critique.

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To: capitalistbeatnik who wrote ()4/20/2000 4:42:00 PM
From: mmeggs  Read Replies (1) of 17683
 
My meager contribution:

If I hear CNBC put up one more "professional" on the air who claims to have gone out of tech in to value at the beginning of March I'm going to throw up all over my ILX.

To listen to these guys you would think they had super-ESP which told them the EXACT top. TO make it even worse, they ALL bought in on Friday, of course, loading up on the "quality technology companies" which are bouncing back.

I guess I'm the only one who lost any money in the recent tech-wreck. Anybody else out there lose money? I can't wait to hear a couple weeks from now what they all did next Monday.

Oh well, it just goes back to these two things: CNBC exists for two reasons-- 1. To sell ads and 2. To give free advertising for "experts." Everything else is bullshit. Anybody making their portfolio and investment decisions based on a ten-second sound bite deserves the screwing they're going to get.

(Deep exhaling of breath.) Just makes me feel good to say it.

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