Steve dood, who cares what Faber sez greenspan sez? If you are a day trader?
Now I already conceded that for a bigshot, or a pro running a trading desk ,that you may be more than half right.
You, said though, that you highly recommended that I run right out get myself some CNBC. So you missed the point of my post, you missed it by a mile.
For day trading, in my experience, CNBC is at best, irrelevant, and at the worst, a distraction. Who cares how many reporters they have? How about all the fluff and the commercials? I will again, say emphatically, that for a daytrader CNBC is a waste of time. As a daytrader, do you think it is relevant that Faber sez the market is overvalued? As a daytrader what would I gain from hearing that?
I have not yet heard any specifics why I would benefit from having a TV going all day. I'm sure CNBC is great, but for a relatively inexperienced trader, or a small time operator, I would say it is not worth much if anything.
funk
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