Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : CNBC -- critique. -- Ignore unavailable to you. Want to Upgrade?

To: R.E.B. who wrote (3571)	8/20/1999 12:35:00 PM
From: Gary M. Reed	Read Replies (2) \| Respond to of 17683

"Also, the quality of the "guests" during the mid-day to close of the market is lame. Everyone has an opinion and no one is held accountable." Agreed, 100%. Except, I do like when they let the floor guys talk from 2:00 (MST) to 3:00 for their assessment. I especially like that guy Art Cashin...there are some others who are pretty keen to what is going on as well. The guys working the floor know what the hell is going on even more than any analyst or port. mgr sitting in his 42nd floor office suite. In that vein, if CNBC reads this thread, I want to say "nice move" by getting that guy Rick Santelli (sp?) in the bond pits. Kathleen Hays can talk for 5 minutes on the quantitative aspects of economic jargon, but that guy Santelli sums it up in 30 seconds, because he is talking to the traders in the pits. I really don't care about what some economist is blathering about, when I can listen to this Santelli guy tell me what the traders are focusing on. The economists have their noses buried in textbooks and using astrology to try and figure Greenspan's next move...which is irrelevant...the guys in the pits are the ones committing capital and what they're thinking is actually the only thing that matters in the bond markets. Gary