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Pastimes : CNBC -- critique.

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To: lorrie coey who wrote (5558)5/16/2000 1:11:00 AM
From: t2  Read Replies (1) of 17683
 
I must say, the SB 'routine' can be wearisome, and if it weren't for Bartiromo's pre-market coverage...I would skip SBox altogether and wait to tune in CNBC at 10am, est.

I disagree. I think SB is very informative. They make the stock market more entertaining while they provide us with the stock news.

I also think their anchors throughout the whole day are top notch. It is a great business news station; it keeps your attention.

I just have problems once in a while with their guest lists. They sometimes bring on people who are right 1 time in the last couple of years and try to portray them as some sort of market gurus.

I don't like it when Costello contacts his "sources" about support levels for the market---of course they will tell him whatever helps their trades. Maybe he needs to also contact some fundamental analysts for their view and not just chartists.
If it was all in the charts, the market would always do what it is supposed to.
He is a good reporter but he should also provide an alternative view to what his sources are saying. Lately, I have noticed that he appears to be more balanced.
"Trader talk" comments should always have opposing viewpoints...because the market is not that predictable.
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