Results 1 to 6 of 6
  1. socalrunningfool is offline
    socalrunningfool's Avatar
    Joined: Sep 2008 Posts: 229
    08-12-2009, 01:22 AM #1

    Fast Money On CnBC = Depression T.V.

    Anybody ever get anything but doom, gloom and bust out of these characters.

  2. bassmaster is offline
    bassmaster's Avatar
    Joined: Mar 2009 Posts: 1,216
    08-12-2009, 02:05 AM #2
    i mean..... anything goes to help their own position right? figure out their game, learn their language and use that info.. all i can say.
    we all agree they are spin heavy, so use them to make money.

  3. Sirius Roadkill is offline
    Sirius Roadkill's Avatar
    Joined: Feb 2009 Posts: 1,882
    08-12-2009, 10:36 AM #3
    2 people on that show that I respect:

    1.) Dylan Rattigan (who has now left for MSNBC): Called AIG "Insurance Fraud" and did not conveniently forget to mention their single largest counter-party . . Goldman Sachs. Also called Paulson's toxic assets "a black plastic bag full of garbage"

    2.) Karen Finerman is first rate . . you'll just have to take my word on this one.

    rest are garbage

  4. Siriusowner is offline
    Siriusowner's Avatar
    Joined: Nov 2008 Location: The Oil Patch, Texas Posts: 922
    08-12-2009, 11:50 AM #4
    These people are caricaturesque... They are clowns and are in the same boat as Jim Cramer.

    Never, ever, ever buy or sell stocks based on advise or hot tips from any of these TV or internet clowns.

    Use them for entertainment purposes only.

  5. James is offline
    James's Avatar
    Joined: Jul 2008 Location: New Jersey Posts: 121
    08-13-2009, 04:27 PM #5
    Some of the easiest money I ever made was buying Tyco after three months of that idiot David Faber bashing it down to $10.00. Kozlowski and Swartz were dirty but Tyco was always a solid company. I scraped together every penny I could to buy it at that price. Almost tripled my money in a few months. Kind of sorry I sold it so soon.

    I actually like Joe Kiernan and Mark Haines. Rick Santelli is hysterical. CNBC is entertaining but I wouldn't buy or sell on their or any TV personalities advice.

    Disclosure: Long GE
    Last edited by James; 08-13-2009 at 10:35 PM.

  6. socalrunningfool is offline
    socalrunningfool's Avatar
    Joined: Sep 2008 Posts: 229
    08-14-2009, 12:39 AM #6


    I appreciate the posts. I have listened to these clowns claim the market is a complete bust in the making ever since Dow 6,700.

    But then on Tuesday night, they just went to another level of this depressive, gloom and doom, ranting. Everyone one of them. Then of course the market rallied to a 100 plus point gain. So, I'm sure they are just puppets for someone. But all in all, to me the make a mockery out of financial analysis.

    Have you ever watched the CNBC Asia and Europe. A few of these analysts, actually get it right. From what I've seen.