Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: shades who wrote (63097)	5/1/2005 10:35:23 AM
From: Slagle	Read Replies (1) of 74559

Shades, Re: "what do you watch" Too damn much, probably. <G> I watch CNBC a good bit and have on and off for years. I watch Bloomberg early in the morning , gives you a view of what has happened in the European markets. Bloomberg is pretty good in the evenings as the Asian markets open. "Squak" on CNBC from 7:00AM is good to see how the day is progressing, especially their coverage of various governmental data that tends to be released at 8:30. You have to be careful with them though as there seems to be a constant subliminal message saying "buy stocks, buy stocks". They are not as bad as they were back in the tech mania, more careful now I think. Back then there were certain stocks that they really gave excessive bullish coverage, a special example was MU..all the way down. I watch Cramer at 6:00PM sometimes. He is entertaining and the rest of the news is just so banal. Sometimes I think he is pretty good, at other times I wonder how objective he is. He is really going to cost some people lots of money, especially novices. With him every stock is either a "buy" or a "sell" and with his buys he makes no allowance for TA or the general state of the market. He says buy CMGI. In a roaring bull market that might be a good idea, but now? I doubt it. I can get 1250AM here in the evenings so I get Phil and Kaultbaum (along with that Rogain "modern portfolio" types) but the reception is pretty poor. I used to pick up 1470 here years ago and listened to the Stock Dr.'s but I don't think they are there any more and anyway the reception is so bad (maybe the hurricanes took a swipe at their tower). Sometimes I get Bob Brinker's weekly show from Ft. Myers and a few others. I appreciate that link you posted with your online shows; sometimes I listen to Phil at his website and he is followed by the "Wiz". As I have a bunch of outdoor projects (vegetable garden, shop, ect.) I listen to a lot of talk radio as the radio can drone on in the background while you work. Slagle

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