misterchan

Fast Money Recap, 3/20/08: Cold Commodities

Thanks for all your comments. It was fun reading them. However, Biodoc, in my opinion, is the most savvy. I have been writing out-of-the-money options for years. They give a better chance of making a profit. And maybe people who have no idea of the inner workings of Wall St. would be monetarily safer keeping their day jobs.

Fast Money Recap, 3/20/08: Cold Commodities

Why is it that when the market goes down 400 points (and not just once), all you people on CNBC just keep smiling. suggest a lot of excuses and give stock purchase recommendations which, even in bear conditions, will go up, but when precious metals have a similar correction, and this after having made big upward moves , especially in the last couple of months, you advise getting out of gold and oil, too?Could it be that the markets are rigged and that is what precipitates all the dramatic movement and all the subsequent advice? Is it possible that all the Wall St. insiders are quite easily making millions because of dispensing all this directional advice? I think so. What think you?