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Strategies & Market Trends : The Good-The Bad and The Ugly -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (597)8/16/2000 9:41:57 PM
From: Paul A  Read Replies (1) | Respond to of 8686
 
Tim- you bring up a real good point about CNBC..

remember when I almost went bust on ADSP? that was because they screwed up and confused a worthless turd with a REAL company making wireless products.. cause a 50 point short squeeze that whiped people out and on top of it they didnt apologize, but rather said that people misunderstood them..

Than there is Maria who each morning tells us that inflows are huge and the market has only one way to go, 'up'.. and it always drops when she says that.. And there was Monday where she said Micron was given an upgrade, yet there was size for sale.. ironically, the chip stocks never looked back and have rallied each day with huge gains..

They assembled ex lawyers, pretty journalists and a bunch of other assorted idiots to host a program whos every single word can mean make or break for joe-six pack investor.. it sickens me.. Bloomberg is straight to the point, no charm or laughter.. just facts.. the downside is bloomberg isnt available in all areas (gee, I wonder why they dont allow head to head competition) and the data is hard to read..

what ever happened to Susan Mcginnis on bloomberg? When the station was available to me, I would lose more money thanks to her because she was so damn pretty.. I would just stare at her all day, and her words made no sense to me because all I saw was that incredible thing of beauty :)

on the brighter side of things- EXDS is still giving shorts a tough time.. I actually wish they would take it down to the low 50s so I can play the dip.. Some short sellers dont know when to quit.. its amazing how personal people take this stuff.. Why on earth even bother shorting exds for more than a trade?? there is so much trash out there to position in.. blows my mind..