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TranceAddict Investors Club @ Marketocracy (pg. 130)
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| Groundhog Boy |
| quote: | Originally posted by Shakka
No--CNBC just prefers not to air bearish opinions. They're pathetic. Nick Heymann got an interview pulled yesterday because he has a negative opinion of GE (The parent company of GE). He went on Reuters instead. John Hussman went on last year and wrote later on his website that CNBC had asked him to appear more positive on things. My favorite guy on CNBC is Brian Westbury...permabull. I think he's still in denial about the recession. |
It's funny because my girlfriend commented about how people have been saying that CNBC's been too bearish lately and just highlights bad news. My jaw dropped....
That said, I love Jon Stewart, but that segment was bull the other night. They are reporters, not fortune tellers. I could do without a few, but overall, the expectations/standards being set by the Daily Show were ludicrous. You can't take the Fast Money people's comments and put them in a long-term outlook, since those people are all traders. You can take a comment and it worked at the time, if you sold when they did, but now look ridiculous. I mean, I made money on Citi back in the fall, getting a 20+% move in one day and sold. It's now $1, but I bought it at $14 something, so I guess I'm stupid. |
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| Shakka |
| quote: | Originally posted by Groundhog Boy
It's funny because my girlfriend commented about how people have been saying that CNBC's been too bearish lately and just highlights bad news. My jaw dropped....
That said, I love Jon Stewart, but that segment was bull the other night. They are reporters, not fortune tellers. I could do without a few, but overall, the expectations/standards being set by the Daily Show were ludicrous. You can't take the Fast Money people's comments and put them in a long-term outlook, since those people are all traders. You can take a comment and it worked at the time, if you sold when they did, but now look ridiculous. I mean, I made money on Citi back in the fall, getting a 20+% move in one day and sold. It's now $1, but I bought it at $14 something, so I guess I'm stupid. |
Nah, I don't disagree. I just thought it was funny. Though the last bit with Stanford and Quintanilla did piss me off. I love to see CNBC anchors and talking heads get bashed. |
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| Groundhog Boy |
| quote: | Originally posted by Shakka
Nah, I don't disagree. I just thought it was funny. Though the last bit with Stanford and Quintanilla did piss me off. I love to see CNBC anchors and talking heads get bashed. |
Well, Carl is a moron, so that's not surprising. |
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| jerZ07002 |
| quote: | Originally posted by Nrg2Nfinit
would have been smart to invest in stem cell research on friday.
http://www.google.com/finance?q=NASDAQ:STEM
looking at almost 100 % gains after the lift on the ban on federal funding |
that will come back down. alot of these small biotech companies are cost centers at the moment. This particular company has significant expenses with almost no revenue. that's a great formula for a ty stock. |
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| Nrg2Nfinit |
| quote: | Originally posted by jerZ07002
that will come back down. alot of these small biotech companies are cost centers at the moment. This particular company has significant expenses with almost no revenue. that's a great formula for a ty stock. |
would have been good for a day trade though |
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| Shakka |
| quote: | Originally posted by Nrg2Nfinit
would have been good for a day trade though |
Hindsight will do that for you. |
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| Nrg2Nfinit |
| quote: | Originally posted by Shakka
Hindsight will do that for you. |
:p |
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| Nrg2Nfinit |
| change your mind already capitalist? |
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| Capitalizt |
lols..no. I deleted the post cuz I didn't think anyone was interested in my trades and this seems to be more of an "investor philosophy/tactics" thread.
oh well since you mentioned it I'm going on the record with three buys I made today.
GLD - $89.99
UNG - $15.74
CSCO - $13.70
I think commodities like gold and natural gas are oversold as well as tech kings like Cisco. There's gotta be a bounce soon. I'm hoping for a quick profit but honestly wouldn't mind holding them all 10 years. They seem like sure things to me. |
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| Krypton |
| My website just got its first 1000 hits today! In only 2 weeks since being published...:D |
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