Trey, More CNBs saga...
Two advisers (Frank Capeilla and Al Kuegle) are urging orphans, widows and clergy to BUY the market... saying that we've reached the height of fear as exhibited by irrational drops in Big Name stocks (eg., MSFT). [Uh, Frank, these stocks were at their zenith two days ago.]
Sue Herrera: "So, are you buying."
Frank: "Uh, no... we're waiting a day or two... maybe Monday... We recently got a big infusion of cash."
Al: "Not yet... soon, very soon."
Okay, Frank... lemme get this straight... you're holding cash and you want me to jump first? You can take off the sheep's head, I already see your fangs.
Just then, I figured out what "Special Edition" means. It's the CNBs way of convincing viewers that market drops are unusual (aka, unlikely) events. Duh, gee George.
LISA, according to Signal: IBM 125.375, down 3.125
Regards,
Alan |
