Market Bottom??Watch CNBC

Discussion in 'Trading' started by William Rennick, May 17, 2006.

  1. I predict the Market will hit it's precise bottom between 2:30 and 3:30 pm EDT on a day when CNBC hauls out a big name like Barton Biggs to say enough, that's it, according to his charts we've bottomed, most likely Ron Insana will do the interview.

    ...Rennick out
  2. roctrend


    Intrade or Tradesports should put odds on this type of occurence. You are right about that. Fade CNBC.

  3. Barton Biggs, is he still short crude oil. I think he just about went broke on tht call.
  4. didnt biggs retire and start his own fund? cramer is the new cnbc guru and when he gets negitive you will be close to a bounce. so far he is still saying buy this pb.
  5. is this is our signal?

    Jim Cramer
    1:34 PM EDT
    It is a freefall now,
  6. If Ralph Acampora says "We're going to zero!!!", I'm maxing out all my accounts long.

    Never has one man been so wrong so often.
  7. ralph got fired. we wont be hearing from him anymore.
  8. I'm hoping CNBC brings him on for a guest appearance. :D
  9. Whoever they bring out will reverse the market, and I wouldn't fade the guy. It may not be today, I'm just saying when the Market finally bottoms this will be the reason.

  10. cnbc gurus are almost always bullish. nobody i know pays any attention to what they say.
    #10     May 17, 2006