Members philthygeezer Posted October 31, 2008 Members Share Posted October 31, 2008 What do you think? Link to comment Share on other sites More sharing options...
Members Jugghaid Posted October 31, 2008 Members Share Posted October 31, 2008 I think I won' get my finacial advice frmo CNBC. ?Or any other news outlet. Link to comment Share on other sites More sharing options...
Members philthygeezer Posted October 31, 2008 Author Members Share Posted October 31, 2008 It's amazing how the lemmings change opinion every time the chart moves. Link to comment Share on other sites More sharing options...
Members chunky-b Posted October 31, 2008 Members Share Posted October 31, 2008 It's amazing how the lemmings change opinion every time the chart moves. and it is amazing how the charts move when the lemmings speak.... Link to comment Share on other sites More sharing options...
Members philthygeezer Posted October 31, 2008 Author Members Share Posted October 31, 2008 and it is amazing how the charts move when the lemmings speak.... I've often wondered whether the lemmings make trades before they print and show their stories... Link to comment Share on other sites More sharing options...
Members Jugghaid Posted October 31, 2008 Members Share Posted October 31, 2008 I've often wondered whether the lemmings make trades before they print and show their stories... I think we all know the answer to that one. Link to comment Share on other sites More sharing options...
Members jackcheez Posted October 31, 2008 Members Share Posted October 31, 2008 If we are entering a recession, it's likely to stagger lower. It will stagger up and down a few times before things get better. I would be surprized if we entered a bull market now. Link to comment Share on other sites More sharing options...
Moderators ThudMaker Posted October 31, 2008 Moderators Share Posted October 31, 2008 Wasn't one of the guys on CNBC also ranting for everyone to GTFO of the markets while they could. Now about a month later, it's all good? Link to comment Share on other sites More sharing options...
Members Jugghaid Posted October 31, 2008 Members Share Posted October 31, 2008 Wasn't one of the guys on CNBC also ranting for everyone to GTFO of the markets while they could. Now about a month later, it's all good? he was probably selling short that week. Link to comment Share on other sites More sharing options...
Members jasper383 Posted November 1, 2008 Members Share Posted November 1, 2008 The need to have a guru is a universal human desire, in all things . Put this need aside when becoming an investor, and you just might have a chance at building some real wealth. Don't listen to what anyone says on TV about money. Establish an asset allocation that you are comfortable with, and stick to it. The rest is distraction. Link to comment Share on other sites More sharing options...
Members 82Daion Posted November 1, 2008 Members Share Posted November 1, 2008 I don't believe CNBC. Link to comment Share on other sites More sharing options...
Moderators isaac42 Posted November 1, 2008 Moderators Share Posted November 1, 2008 CNBC seems to say the market bear is over...What do you think? I wonder if they're trying to create a self-fulfilling prophecy. Link to comment Share on other sites More sharing options...
Members MrJoshua Posted November 1, 2008 Members Share Posted November 1, 2008 I think we'll get a nice bump because of the cash the federal government pumped into the system, and then suddenly everyone will realize nothing has actually been fixed and the broken system will break again. But what do I know about finances? I'm an engineer, not a banker. Link to comment Share on other sites More sharing options...
Members bbl Posted November 1, 2008 Members Share Posted November 1, 2008 They'll say whatever they need to get people to tune in. If things seem good but not certain, fear works. If things seem bad but not certain, optimism works. Link to comment Share on other sites More sharing options...
Members mrcrow Posted November 1, 2008 Members Share Posted November 1, 2008 bears and bulls make the financial world go round stockholders with lead feet get stung Link to comment Share on other sites More sharing options...
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