Is there a bigger fucking idiot on the markets than Art Cashin of CNBC?

[scheming daemons]

CNBC Art Cashin Headlines the past several weeks:


Doom and Gloom.... (AKA "I'm trying to short the market")
June 17: Art Cashin: 'Long Tough, Slog Ahead'

More Doom and Gloom, despite a rally since his last Doom and Gloom...
June 29: Art Cashin: Here's When Rallies Die

Even more despair, as Dow approaches dipping below 8000:
July 06: Art Cashin Sees 11% Unemployment, Market 'Stagnation'

OMG, it's over, man! (teehee! I'm going to cash out these shorts any day now...)
July 07: Art Cashin: Dow Trapped in 17-Year Cycle

The idiots are still buying! Can't they see I'm trying to short the market?!?
July 16: Art Cashin: Stock Market is 'Now Overbought'

Stop Buying! You're costing me millions! I didn't call in my short positions yet!
July 17: Art Cashin: Traders Don't Trust 'Short Term' Earnings

Ok, buyers... you've had your fun.... get ready for a whacking!
July 22: Art Cashin: '30% Chance of Sudden Reversal'

Well, shit. Fuck it. Nobody's listening to me. Let's try reverse psychology!
July 24: Art Cashin: Dow 10,000 Possible Near-Term



Who's a bigger idiot, Jim Cramer or Art Cashin?

Tough call...

[mnhtnbb]

1. Jim Cramer is the bigger idiot, by far.

[indepat]

2. Cramer in a landslide

:P

[sharesunited]

3. He called the St. Pat's rally perfectly.

The rest of the CNBC broadcast day is not worth much, but I do try to catch Art Cashin's three minutes and have been rewarded for heeding his analysis.

[FreakinDJ]

4. My thread got locked yesterday

I’ve been saying the Doom and Gloom is fueled by “Short Sellers” for a while now and get jumped on by the “Sky is Falling / Obama’s Economic Policies are Failing” crowd every time.

I just want to say – THANKS SUCKERS

To all the “Doom and Gloom” economy Nay Sayers – wake up and smell the recovery.

My 401K has recovered ALL loses brought on by Bush and his Globalist / Wall St Buddies in 2008 and is now breaking new ground – in just 6 short months of Obama taking office

Once again – THANKS SUCKERS – you’ve been had ,and my portfolio is so glad

Was my wording too harsh ??

When the market was at 6700 and Obama said there were a lot of "Good Values" there, I bought back in.

But on a lighter note – my portfolio gained over $1000 yesterday

[katanalori]

5. Who's a bigger idiot, Jim Cramer or Art Cashin?

Neither. LARRY KUDLOW wins the title.

[tomreedtoon]

6. Yes. Anyone who invests in stocks.

When you buy stocks, you give money to Wall Street and the financial bastards who ruined us. We believed that stocks were a good investment. Now our retirement money is gone and we're screwed.

You'd do better investing in guns and ammo and becoming a stick-up man than investing money in the stock market. In fact, being a stick-up man is exactly following the MBA program for becoming a powerful executive, only with less hypocrisy.

[mnhtnbb]

7. Ooh. That is a seriously cynical point of view. Throwing the baby out with the bath water?

My IRA was off almost 31% at the low. It's now off 13%. Markets cycle. They go up and they go down.
Sometimes they do stay down for a very long time. Sometimes they don't. It's a crap shoot. Investment
carries risk. If you can't handle the risk, you shouldn't be in the market.

[tomreedtoon]

8. The baby, the bath water, the whole damn bathroom.

Your IRA profits were made off the backs of laid-off GM workers, outsourced IT jobs and car dealer mechanics kicked to the curb. I suppose you're rejoicing.

And you haven't even TOUCHED cynicism yet, mnhtnbb. I would be banned if I described in detail what I would do to the rich bastards who ruined my country. Heck, anything beyond posting a vicious letter to the editor makes people around her shriek in terror. And that is why progressives fail.

[mnhtnbb]

9. I beg to differ. I have never been a shareholder in any car company--US or otherwise.

I do not own technology stocks, either. My oldest son has been laid off twice from tech jobs,
both privately held companies.

IMO the pendulum has swung way too far in favor of unregulated corporations in this country, at the expense
of the working person. I make every effort to invest with a social conscience--and I'm willing to accept
lower returns because of it. I'm not willing to give up on the entrepreneurial spirit in this country though; I think we need to bring things back into a better balance.