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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Lucretius who wrote (14351)3/10/1998 9:21:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) of 95453
 
I could care less, he's just annoying. TV people don't move mkts. anyone who doesn't
know enough to be swayed by some idiot talking head shouldn't be in these stocks. I
want all weak hands washed out.


actually CNBC does effect the market

but since you dont watch I dont expect you to know that...

there is very definitely a cause and effect between the two..even if it is only short lived...not every time but it happens

many people trade on it ..whether to catch the quick ride OR to fade the move

for instance....There is a Joe Kernan effect...like it or not..its there.

it does in fact exist.

Btw, do you know how many traders watch CNBC during the day....why do you think it is on the floor of the exchange....
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