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Tonite I will be on Fast Money on CNBC at 5:00pm discussing with the crew how to trade BP
My suggestions on the subject can be found here
Should be fun!
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UPDATE: June 10, 11:47pm
Video is here, starting at the 4:40 mark or so
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"Overall household indebtedness is up from $7 trillion to almost $10 trillion since 2000. On this sum, we estimate, the American consumer has an annual interest bill of more than $500 billion; a sum, by the way, that vastly exceeds his current income growth." —Kurt Richebacher
"The Greek offer is not sufficient and they have to go away to come up with a revised plan," said a spokesman for the German Finance Ministry. The Greeks must first have a plan that satisfies the Germans which this comment states they clearly don't yet and then the Greek Parliament will vote on it this weekend. This said, whatever package gets voted on in Greece is basically an up or down vote on euro membership so we are entering another uncertain weekend for global markets. A failed vote will likely lead to a hard default which may be what...
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June 10th, 2010 at 5:18 pm
I’ll be needing the video link, seeing as how I’ve been ‘Comcastless’ for two months now.
June 10th, 2010 at 5:18 pm
Sorry Barry…I’ll stroll with you to DR’s show, which I detest. But I’ll never watch Fox Money.
June 10th, 2010 at 6:08 pm
Finally, someone intelligent will be on Fast Money. Those traders are the worst ever.
June 10th, 2010 at 6:26 pm
Great appearance. Thanks.
“6/10/09″ ???
~~~
BR: Doh! I’ll fix
(Damn cut & paste doesn’t know what year it is!)
June 10th, 2010 at 7:33 pm
I was switching between Fast and the Brewers vs Cubs must have missed ya. Boy the Brew-Crew needs pitching!
June 10th, 2010 at 8:16 pm
franklin411 Says:
June 10th, 2010 at 5:18 pm
Sorry Barry…I’ll stroll with you to DR’s show, which I detest. But I’ll never watch Fox Money.
———-
CNBC’s “Fast Money” is the only show I tune in nightly.. It’s fun…and I do give it to Melissa Lee for keeping it tight and challenging the “bullshit” that comes on there. I like the “back and forth” amongst the traders and that they keep it “Current.” I learn something from the show. …and I’m definitely NOT A TRADER which is supposedly their audience.
I think it’s a good show. Falls down every once in awhile with too much BaiDu, APPLE and the other “Flavor of the Day” …but, in general Melissa does a great job slapping down the hype.
The rest of CNBC is BABES BARING IT ALL/KUDLOW ramping SUPPLY SIDE//FRIEDMANOMICS as to how America needs to dig itself out of the EVILS that SUPPLY SIDE put us Into and “Infommercials” from “Analysts” who don’t really know that they aren’t believed anymore.
Well…there’s more…but that’s the bare bones of why CNBC SUCKS!
June 10th, 2010 at 9:01 pm
BTW, BR…Good job on that post about “BP” that you appeared on there to talk about.
Morally….I don’t know how anyone could think of buying “BP” with what they did. I hope that they pay out the Dividend to all the investors who counted on it…but they are scum. And, that’s why I’m not a trader buying “C” or Goldman or the rest.
But…I do understand that to “some” it’s just about “Bidness” …but, even if I die poorer…I can sleep at night with my conscience. I like it that way.
June 10th, 2010 at 9:21 pm
I like Fast Money quite a bit, intelligent people not prone to argument.