CNBC "BAD NEWS" DAILY INDICATOR ------- 12* (revised)
Note: before you think DG has flipped out, this is a joke (...or is it?) <g>
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Yesterday: 10 Last Week Average: 85
After a particularly negative focus on news the last couple weeks, CNBC has mysteriously laid off this week. There's lots more laughing and merriment. A mere coincidence? I - don't - think - so!
Here's what might just might have happened, folks...
Over the weekend, either the White House (worried about re-election) and/or the Power Players (shhhhh- we can't say "who") called CNBC and said "Hey, shut up wid all da bad news stuff!" Guido continues, "We wanna move the markets up big dis week and you guys ain't helpin'...lighten up (or else)"
Let's plug that into a rating system that we can use to predict future daily market action.
*** THE RATINGS SCALE *** (soon to be the Gore Index, appropriate right?)
"0" indicates CNBC is hiding their head in the sand and all is rosy. Notice that they are parading nothing but bullish guests in front of the camera. Extra points if Joe's hair is extra thick and wavy and everybody is in a super jovial mood. If Ron Insana smiles, watch out, a major rally is in the works. Also, Bob Pasini and Rick Santelli may even pass out temporarily from excitement during their reports.
"100" indicates that nearly every story is about fear and doom. Also, watch very carefully to see if Maria wears black lipstick, as that means a horrible stock market crash is about to occur. It also means that Sue Herrera has invited the guest back who was on last week. You remember, he was the one who predicted a horrible market crash would occur on June 7-14 based on Joe Granville's theory combined with his planetary readings.
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See, this is why my thread gets ranked in the "Top 10 Stock Threads on The Internet" by quality magazines like Forbes. It's this hard-hitting, creative approach to investing. <g> |