Fast Money is GARBAGE

Discussion in 'Wall St. News' started by The Kin2, May 18, 2007.

  1. Kinda odd, I guess... I like Kudlow (to a degree)

    Mostly, I don't get out of the office until well after 5:00 pm Eastern, so usually miss the show 4 of 5 days/week. I'll watch the first five minutes, and also see if the "guests" are going to be F.O.S or have good information. Usually it's first, unfortunately... But some times ol' Larry has some good stuff on there.

    Other than that, I consider CNBC's "Breaking News" to be nothing more than Financial "pornography," causing people to do stupid things with their money...

    HNW is cool. Makes me work a little harder every Monday morning!

    There's much better Financial information out there than what is available on what old timers called "the idiot box." I now tend to understand what the "old timers" meant by that... Today's T.V is just not worth my time for the most part (sports ok though!) I'd love to see a show where they featured real old school traders, Brokers, etc., just to hear their stories about where they came from, and how they got to where they did in making money. I really listen when I hear a guy talk who got in the business in 1961, and almost fel humbled at times by their stories. That's the knid of stuff I would like to see more of! Not a bunch of hit or miss garbage these "experts" on CNBC spew 50-60% of the time. The "one side feels this way, the other side feels anohter way" arguing back and forth causes me to tune into sports quickly.
     
    #71     Aug 23, 2007
  2. All CNBC shows are total CRAP.

    You will improve your profits dramatically if you turn the Tee Vee off and just watch and play the charts.

    They are ALL Tee Vee Ho's, every last one of them.

    Period.
     
    #72     Aug 24, 2007
  3. Fast money is a good show, I like seeing what the other players are thinking, what they are trading, and their take on events.
    I wouldn't suggest trading every idea they come up with, but once in a while, they have a good tradeable idea.
     
    #73     Aug 24, 2007
  4. Yea once in a while...how about never?
     
    #74     Aug 24, 2007
  5. You, all of you wannabes, put up as many picks and suggestions as the four real traders on FM do, five days a week for a year and then we'll compare. Otherwise, dream on.
     
    #75     Aug 24, 2007
  6. The emphasis should be on quality not quantity.
     
    #76     Aug 24, 2007
  7. Then put up 1/10th of the suggested plays FM offers.
     
    #77     Aug 24, 2007
  8. yea but each of them is making 6 figures just to babble for an hour a day, five days a week. If I got paid that much I would recommend more stocks and perform more research. Even if their calls suck they aren't held accountable.
     
    #78     Aug 24, 2007
  9. I must be doing something wrong, I'm making money off some of the picks on their list by doing my own DD. Does every stock on the IBD 100 go up? Do all of Cramer's touts go up? Do all of the Top 25 at UBS go up? What do you want, 100% performance?
     
    #79     Aug 24, 2007
  10. CNBC corresp's 'real life investment traders' ??? huh.

    TV is TV guys. it's all sponsorship dollars, and it's all paid advertisement, whether they will admit it or not. 'Stock picks' by these guys may or may not make you money...

    ...(I hope no one is going for "fast money")...

    ...but for sure they are making some type of KICKBACK to the station. this is how entertainment/media works. I used to work in the industry, I know.

    All that said though, hey it's good to keep an eye on cnbc and bloomberg to hear what everyone else is hearing

    Akuma here has the most realistic view going on...

     
    #80     Aug 24, 2007