CNBC are all BEARS!!!!!!!!!
First they say we need Greenspan to cut rates to stimulate the economy.
So, he does.
Then they say, hey does he know something we don't? Are we in worst shape?
GEEZE!!!
Today, EUROPE cut rates across 11 countries in a surprise move.
CNBC's spin?
Oh! Is EUROPE in worst shape than we thought?
Markets TANKED!!
Think about it! EUROPEAN markets closed higher. Why? Because they know this is a good thing to their economies.
So, why do we tank on such positive news?
US TRADERS HAVE TURNED BEARISH and are just looking for excuses to justify their positions. Whether is EUROPE, JAPAN, BRAZIL, DAYTRADERS, ELNINO, JERRY SPRINGER, or LATOYA JACKSON it doesn't really matter. What matters is that the world is coming to an end the DOW will go to 5000, MSFT will spread a virus that would paralyze the e-world, and those damn internet stocks will still be there.
I really hate BEARS. Shouldn't they be cozy in their caves by now?
Hector |
