It appears that CNN cut off Peter Schiif as he talks about the financial problems in the US. Take a look and you decide! Comments welcome!
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you're beating a dead horse. He's a known quantity and they book him on the air because they have time to fill. He was on Glenn Beck (CNN) about every other night before Beck was canceled.
ReplyDeleteHey! Beck canceled! THERE'S some conspiracy fodder! lol..
Beck was just offering some sane advice. The best advice I got from him was to gradually prepare for the worst, buy items in advance (canned food, etc) when things are on sale and when you have the $$$s.
ReplyDeleteGlen Beck WAS NOT canceled, he MOVED to FOX..Your programmed for CNN so much that many don't know that there are other NEWS OUT THERE!
ReplyDeleteGlen (sic) Beck WAS canceled on CNN. They paid him off on his remaining contract without even having him work for the pay. He hasn't started his program on Fox yet, and won't until after the first of the year. (if that works out..programming is notoriously fickle)
ReplyDeleteYou seem to think I'm a CNN zombie? Nothing could be further from the truth. I'm a former NYSE specialist (trader) and eat "economic analysts" for lunch. lol.
In fact, I am watching this site and others for signs of extreme negativity which, when coupled with other indicators, will provide an indication for pending tradable bottom of the market.
Short term, we're almost there. I expect an attempt at the traditional Christmas rally, then down, then when "messiah" takes over, a "Hope" rally, then THE BIG ONE. (down direction, reacting to some "news" excuse but being predicted even now by price/market action)
Most charting indicators are based on trailing data. And my monthly/yearly bar charts are SCREAMING warnings. But my gann model in one configuration shows a bottom for the Dow at 1250....not a misprint.
Dang!...Peter Schiff is my economic advisor for life.
ReplyDeleteFor the Record, Beck was only cancelled because he is moving to Fox. Beck was very popular, and CNN would rather have him lose his audience for awhile to lower his immediate popularity and thus blunt any benefit to FOX.
ReplyDeleteThis is common in all media, and I question either the objectivity or intelligence of any supposed analyst who can't figure that out.
Hey, the papers are going broke, let's hope that the major tv companies also go the way of the dodo, this way I can listen to Alex Jones with complete glee!
ReplyDeleteinfowars.com, get it right!