There was a guest on CNBC early this morning, when the futures were still up, and he said there's going to be a crash this year. His first reason? Because there was one in 1987 and 1997. Years that end in 7. They'll probably have him back on tomorrow morning so they can congratulate him.
What a freakin idiot!!! Just hope my parents weren't watching. They'll be running for the hill country with all their cash in coffee cans.
CNBC is f*cking great. Market drops a little and they trot out Greenberg and Tice. And they get out the "hardhat". And they have guest after guest offering "what to do in this crisis..." More funny than the damn Comedy Channel!
cnbc is owned by ge which owns brokerage house/s,when they are getting short they are telling you to hang on,when they are getting long they tell you the sky is falling...media..bought and pad for