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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who wrote (3344)3/2/2002 12:53:07 PM
From: Bucky Katt  Read Replies (1) of 16631
 
Dave, that is pretty funny. It is your supposition that the talking heads on CNBC are the cause of the ups & downs of the markets, and can do so at their whim?
I think you give the talking heads too much credit. ORCL is/was in a dicey spot the last few days, t/a wise,
(it needed to retest 14.50 before it could retest 17.50, which is no surprise to technical traders) the earnings miss gave an excuse to sell.

CNBC is info-tainment, nothing more,, and I never watch, I let my screens tell me what is going on.
They are no different then crap tabloid newspapers, and you know the people who read and believe the stories they print. They speak to the intel level of their reader/viewership...If you don't like the message, flip the channel.
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