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oldtime

Registered: Jun 2011
Posts: 7304

09-04-12 01:31 AM

I just saw my first etf ad on MSNBC. Been a long, long, time.

I'm a bull and fully invested in the stock market. Not a doom and gloomer.

Some of you guys don't remember the 90's. Back then people watched David Letterman, and just about every other ad was for a mutual fund.

Just something to notice.

I suppose you could call it a contrarian indicator. In that, the more financial ads you see on non financial channels, the more cautious you should be.

after all, it's been a very good and pretty long bull market.

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morganist
Moderator

Registered: Sep 2008
Posts: 3404

09-04-12 01:41 AM

What you mean the adverts are trying to make up for the lack of demand in the products?

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Random.Capital

Registered: Jan 2005
Posts: 3848

09-04-12 01:41 AM

I hear you.

But I think we're still a long way from "money out the wazoo" ads.

Honestly, I'm not sure we'll get there in my (remaining) lifetime.

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oldtime

Registered: Jun 2011
Posts: 7304

09-04-12 01:49 AM

Quote from Random.Capital:

I hear you.

But I think we're still a long way from "money out the wazoo" ads.

Honestly, I'm not sure we'll get there in my (remaining) lifetime.

back when rates hit 10%, everybody that watched tv was an expert in rolling over cd's

you're probably right, it will probably be a little more subdued and subtle this time.

like I said, it was just something out of the ordinary I noticed.

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oldtime

Registered: Jun 2011
Posts: 7304

09-04-12 01:51 AM

Quote from morganist:

What you mean the adverts are trying to make up for the lack of demand in the products?

no, just the opposite

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morganist
Moderator

Registered: Sep 2008
Posts: 3404

09-04-12 01:51 AM

Quote from oldtime:

back when rates hit 10%, everybody that watched tv was an expert in rolling over cd's

you're probably right, it will probably be a little more subdued and subtle this time.

like I said, it was just something out of the ordinary I noticed.

I am confused what are you implying the ads are saying?

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