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

To: Sandy who wrote (3798)	10/13/1999 8:33:00 PM
From: PMS Witch	Read Replies (1) \| Respond to of 17683

I agree! I've posted in the past about how annoying the on-air bullshit spreaders speak with intonation appropriate to reporting the end of the world whenever the Dow drops a dozen points. Equally irritating is the grins and euphoria when the Dow climbs fewer points than a hand has fingers. The on-air orgasms whenever the Dow moves a distance greater than their IQs would be great entertainment if our reason for watching CNBC wasn't something as serious as our life savings, retirement, or means of income. I turn the volume OFF! If something interests me, I turn the sound on to hear it and then back off immediately when finished. CNBC assists me in this practice by their propensity to have some idiot read EXACTLY the information displayed on the screen. Do they think their viewers can't read? As for the Dow rolling over to a new number followed by three or four zeros, I can only imagine someone in authority at the network spent too much time watching the odometer on Dad's car patiently waiting for a 'special' value. I guess the millennium hypesters caught the same silly disease. Is a Dow 9,999 less significant to profitable investing than a Dow 10,000? What about the 'countdown' crap every thousand points? Who thought up this filler? Don't we have enough astrologers watching the stars? Nine times out of fourteen, when my cat sleeps on his left side the market rises two days later. Interesting observation, but I won't use this 'metric' to invest. Too bad, because Smokey's accuracy beats many CNBC guest experts. I'm not upset by what CNBC does as much as the opportunities they consistently miss in serving their viewers. Realizing that they exist to generate profits for GE, and they seem to serve this purpose, enables me to accept them for what they are and take advantage of what little utility they provide. I only wish I could do this with less irritation. Cheers, PW.