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: WTMHouston who wrote (5830)	6/5/2000 10:21:00 PM
From: long-gone	Respond to of 17683

the BIS didn't - perhaps more shouldn't either.

To: WTMHouston who wrote (5830)	6/6/2000 1:59:00 AM
From: Gary M. Reed	Read Replies (1) \| Respond to of 17683

Troy, With all due respect, a question: how many times have analysts goosed Maria into yeehaw-ing over $60 AOL being up 3/8? That's less than a 1% move. Gold up $3.50 is a 1.3% move...that's TWICE as significant as the aforementioned AOL move--without the Maria pep rally. You do the math. I'm not a big gold fan myself, but I must say I made a sweet in-and-out trade on a gold stock based on gold going up today...made more money today on gold than I ever would've made listening to Tom "I talk my firm's book" Galvin. Yet what gets more CNBS airtime--Galvin or the price of gold? If CNBS wants to trot out Galvin and his book of lies on a daily basis, than certainly equal time should be given to other assets which have outperformed his line of BS. Galvin's only worth on TV is that he has become a very good contrarian indicator. Re: your statement "inflation news is significant and it gets covered regularly--sometimes ad nauseum", uhh, only when CNBS is telling us that inflation does not exist. Just got a form letter from my health insurance company saying my premiums are going up 22%--considering that I haven't been to a doctor or hospital in 20 years, that's gotta be inflation. Last year I offered $7 an hour to get a summer intern--this year it's costing me $10 (and that STILL doesn't come with any cigar shenanigans -g-). Have you been to a gas station in the last 12 months? Oh and with natural gas futures at $4.40, why don't you get back to me this winter and tell me you've heard too much about inflation on CNBS. When Kudlow comes on CNBS saying there is no inflation, I gotta believe he's been hitting the sauce again. When the Ferr--err, Breathless Maria stops gasping over stocks that are up 0.25%, then perhaps viewers won't bitch over CNBC not noting gold and other assets when they make much more significant percentage moves. CNBC should cover what's making substantial moves in the markets, regardless if it hits their "Top-10 Popular Holdings" list they cull from Klown e-mails--wouldn't you agree? I guess that's why I've been watching more and more of Bloomberg TV and CNNfn. They are the Starkist of investment television--their viewers don't want assets with good taste, they want assets that taste good.