Why CNBC is irrelevant

[OCGuy]

Originally posted by: sandorski

Let me help you: "Intents and" not "intensive"

Originally posted by: eskimospy

Ahhh, delicious irony.

You might want to take a look at that string of quotes one more time

 

[ayabe]

Originally posted by: Ocguy31

Originally posted by: sandorski

Let me help you: "Intents and" not "intensive"

Originally posted by: eskimospy

Ahhh, delicious irony.

You might want to take a look at that string of quotes one more time

Your wit knows no bounds, you are indeed the winner among winnar's.

 

[tvarad]

Come on guys. Be honest. How many of you put your money in the stock market because the "Money Honey" tossed her hair back at 6:36?

 

[halik]

Cramer is full of shit and for that matter anyone that claims he/she has a crystal ball is full of shit. Cramer and the like is the reason why POS stocks like CROX blow up and then crash back down.

 

[BoberFett]

Originally posted by: ayabe
I think the part I appreciate the most is the end where they're interviewing Alan Stanford.

Classic.

LOL, I love Stewart's response. Simple and to the point.

 

[JS80]

Originally posted by: eskimospy

Originally posted by: Ocguy31

Originally posted by: ayabe

Originally posted by: Ocguy31
Irrevelant? Is that like a mute point?

Thanks, corrected.

A useful troll, you might have turned the corner.

For all intensive purposes, I think that was a compliment.

Ahhh, delicious irony.

Indeed the irony is reoccuring as we speak.

 

[StageLeft]

Cramer I watch a few times/week (just the first 10-15 min while I eat my supper) because, hell, he's entertaining. I also learn more than staring at a blank wall, but yes he's certainly no guru and has been wrong a lot.

EDIT: I chuckled out loud after the bit with cramer and bank of america to $60 in a heartbeat.

EDIT: Watching Mad Money from last night right now (DVRed) after the 149 rally. It's quite funny to watch, Cramer saying he thought it could last with even a tiny bit of good news (today we had it, walmart up 5.1% sales or so, unemployment numbers a smidge lower than expected). He _hinted_ at a bottom, which he has done before, or at least indicated heavily he felt we could see more upward movement. It seems to me a chronic problem among people who've made a lot of money in stocks is this diehard view on their likelihood of going up, as if these people think at all times that a big rally is just around the corner. Cramer has been saying it since this debacle started (14k DOW).

OK right now he's saying "I think this rally can last! I think it's caffeinated!" Yeah, not quite. Almost a good call, Cramer, but then oh wait the market fell almost 5% today.

 

[quest55720]

I think Jim Cramer just went insane right on my TV. Wow is all I can say one hell of a awesome rant against Obama and his anti-business agenda.

 

[alien42]

Originally posted by: quest55720
I think Jim Cramer just went insane right on my TV. Wow is all I can say one hell of a awesome rant against Obama and his anti-business agenda.

lol, was it as insightful as this rant about how great Bear Stearns was at over $60 a share only five days before JP Morgan bought them out for $2 a share?

the funny thing is Cramer is a genius compared to morons like you.

 

[quest55720]

Originally posted by: alien42

Originally posted by: quest55720
I think Jim Cramer just went insane right on my TV. Wow is all I can say one hell of a awesome rant against Obama and his anti-business agenda.

lol, was it as insightful as this rant about how great Bear Stearns was at over $60 a share only five days before JP Morgan bought them out for $2 a share?

the funny thing is Cramer is a genius compared to morons like you.

Lets say it involves stuffed animals and a knife that crocodile Dundee would be proud of. I am just shocked he did not cut himself.

 

[imported_Lothar]

Why would anyone watch CNBC when one can watch Bloomberg?
Makes absolutely no sense.

I prefer news giving objectively which is what Bloomberg gives me.
The talking bobble heads on CNBC mostly give their news subjectively with a lot of speculations.

 

[alien42]

Originally posted by: Lothar
Why would anyone watch CNBC when one can watch Bloomberg?
Makes absolutely no sense.

I prefer news giving objectively which is what Bloomberg gives me.
The talking bobble heads on CNBC mostly give their news subjectively with a lot of speculations.

unfortunately some cable providers don't give that option.

 

[imported_Lothar]

Originally posted by: alien42

Originally posted by: Lothar
Why would anyone watch CNBC when one can watch Bloomberg?
Makes absolutely no sense.

I prefer news giving objectively which is what Bloomberg gives me.
The talking bobble heads on CNBC mostly give their news subjectively with a lot of speculations.

unfortunately some cable providers don't give that option.

You can watch Bloomberg TV on their website if you don't have that option.
As long as you're not on dialup or Comcast(fear of hitting 250GB cap?) user, you can use that feature.

 

[miketheidiot]

Originally posted by: CLite
Yup, I really hate the shear hypocrisy displayed by that network. They basically are a propaganda machine for the financial sector, which in my opinion is a industry full of bullshitters and gamblers. Oh well, maybe I'm bitter because I knew too many engineering friends who instead of going into a productive field went to become 80 hour week excel sheet bitches in that most useless of industries. hrm.. rants are fun.

yep

 

[Zebo]

Think of CNBC as a casino host and brokers/CEO's/Investment banks as casino.

 

[miketheidiot]

Originally posted by: JS80
How weak one's mind is revealed when they tell you they think Jon Stewart is funny.

:facepalm;

 

[smack Down]

Originally posted by: tvarad
CNBC and other "business" TV channels should have had a statutory warning since their inception: "This is an entertainment channel. All that you see and hear on this channel is fictitious. Invest using the advice available on this channel at your own risk".

A better disclaimer would be "the following program is a paid advertisement,"

 

[boomerang]

Everything on television is entertainment. If you don't like the show or the network, don't watch it. Can't get any simpler than that.

I love you guys ranting about Cramer and Santelli. You're obvioulsly watching them. Why? You think they're hacks!

No complaints about Erin Burnett though.

 

[bozack]

Originally posted by: JS80
How weak one's mind is revealed when they tell you they think Jon Stewart is funny.

qft

 

[Bitek]

Originally posted by: bozack

Originally posted by: JS80
How great a stick up one's ass is revealed when they tell you they think Jon Stewart isn't funny.

qft

Double true

 

[RKDaley]

LOL, I saw that the other night.
Funny.

 

[StageLeft]

Originally posted by: Bitek

Originally posted by: bozack

Originally posted by: JS80
How great a stick up one's ass is revealed when they tell you they think Jon Stewart isn't funny.

qft

Double true

no way, jon stewart IS funny. He cuts through the bullsh*t quicker than anybody else on TV. Granted, he puts a lot of it on himself and spins it, but he calls out double standards and hypocrisy quite efficiently.

 

[halik]

Originally posted by: Zebo
Think of CNBC as a casino host and brokers/CEO's/Investment banks as casino.

This.

The fact that they run the "Million dollar portfolio challenge" (complete misnomer) only adds to the argument. Having a competition that is judged by raw returns w/o any adjustment for risk is absolutely idiotic and shows nothing about portfolio management or investment skills. They may as well spin a wheel with all the contestants names at the end to decide a winner.

 

[umbrella39]

Originally posted by: JS80
How weak one's mind is revealed when they tell you they think Jon Stewart is funny.

Are you 5? GTFU.

 

[alchemize]

Originally posted by: eskimospy

Originally posted by: CPA
I'm not going to defend Kramer because he's a blowhard, but Santelli has been against all bailouts and handouts.

The point wasn't if they were for or against bailouts, it's that they have no idea what they are talking about.

Maybe you should create a financial predictions thread since you're the resident markets expert.