Monday, July 11, 2011

CNBC- IDIOTS

Everytime I try and watch CNBC I see some news that is not true- They have a huge running ticker 10 mins ago saying BAC is trading at all time lows, REALLY! Thats the lowest BAC every traded??? Does anyone call them to tell them they are posting wrong info? What a waste of time to watch!!!!!!!

Interesting

So where the big guys pushing the markets up for the small guys to think we are in bull mode or have the European problems bigger than we think. All I know this is one crazy and hard market to trade and this proves it once again to keep it small and know your stops. Alot of volume today on this downside so most of the reflection points should be hit on the S&P. S&P hit 1314.75 which was support and we bounced almost 6 points off there while Obama was talking.
Still watching to see what goes here as they could turn this into a buying opportunity for earnings season.