i hate when tv shows try to explain why the dow is up 4 points

Discussion in 'Trading' started by Gordon Gekko, Nov 12, 2002.

  1. That's one of the funniest posts I've ever read! You really believe your own bullshit, don't you?
    #21     Nov 12, 2002
  2. Whose bottom are we talking about?
    #22     Nov 12, 2002
  3. MrDinky


    Shhh! You're giving away the (not so secret) fade CNBC strategy! :p

    #23     Nov 12, 2002
  4. oh my:eek:
    #24     Nov 13, 2002
  5. Watch the news for amusment. Trade the price action regardless of the news.

    I've many times watched stocks move for a day or two or three, before anything ever hit the news as to why it was moving.

    It sometimes is amusing to watch the cnbc or bloomberg and see what reasons they attach to the days action.

    The firsthand news crosses the ceo's desk long before it crosses the wire. Sometimes hints are given in price action.
    #25     Nov 13, 2002