Yeah, but of course, The Ferret will be baaahh-ing (or is it 'bleating', whatever sheep language is called) tomorrow from the floor, "I just spoke to Jeff Bezos at AMZN and he says this stock should be BOUGHT!!!...woo-hoo!!!"
If the sheeple mania continues unabated for another 12 months, I can easily foresee CNBC turning their format into a pro wrestling environment, where The Ferret is treated like a rock star. I can see it now, 30 seconds before her first "appearance" from the NYSE floor each day, the NYSE will dim all the lights and the traders will raise cigarette lighters (like at a rock concert). Then, Michael Buffer will say into a loudspeaker, "Maria's about to enter the floor of the NYSE...LETS GET READY TO RUUUMMMBLLLLE!!" Actually the concept isn't much of a stretch...let's face it, Mark Haines throws so many softball questions, and has such a big head, he could easily be taken for "Mean Gene Okerlund."
Speaking of spin-meistering, Carl Quintanilla just explained on CNBC that the Naz selloff was actually not that bad, because "it was research driven." I guess if fundamentals suck, the market's in good shape..."just keep the clownbux flowing to the mo-mo fund managers and we'll work our way out of this mess by going higher..." What a joke...the Nasdaq's okay because the selloff was merely "research-driven..." That is the biggest pile of crap I've yet to see CNBS try to spin into gold. |
