David Fry

Friday Outlook: Commodities, Global Markets

Larry Kudlow is someone I've known since the 1970s when he was an economist at Paine-Webber. I found his writings informative and helpful then.

Now with CNBC the job is not to tell it like it is but pump, pump, pump.........or, pimp, pimp, pimp. I don't watch the network ever so don't know what he's pimping and pumping nowadays.

You're seeing a lot of "happy talk" this week. (Why the folks at Standard & Poo aren't in the slammer with Madoff is beyond me.)

I enjoyed Jon Stewart's ripping of Crammer last night and thought he had things right.

By the way, the greatest smokescreen being sold as an elixir is this "uptick rule" BS. Reinstating it will have absolutely no effect on market direction. There have been days when financials have fallen hard and watching the intraday tape you can see plenty of upticks on the most bearish 1 minute chart. So, don't let boy wonder fool you.

As to "brilliance".........w... Boisterous Bob, how much do I owe you again?