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Bird's Eye View: Friday, May 16, 2008
Posted on May 16, 2008
You know what the news is-- in a minute, you're going to hear the rest of the story - Paul HarveyThe MarketsWill the lies and mis-leading information ever stop? The answer is no. The stock market is a zero sum game. Somebody wins, and somebody loses. Unfortunately, those who follow the advice of some (not all) of the guests placed on financial TV, they will win, and you will lose.Wednesday's news was the lies embedded in the CPI data. Yesterday, analysts began recommending Chipmakers and oil stocks. I cannot make my views any plainer than this. Our economy is in a freefall, and as long as gas...
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