The media is cunning

http://www.fool.com/investing/general/2009/01/07/the-wall-street-panic-of-2008.aspx

Anyone know how I can buy stock in CNBC without having to buy stock in GE? Their revenue is going to skyrocket.

"This uncertainty plays right into the hands of the financial media, whose job is to attract readership by sensationalizing news events,"

They did the same thing during the run-up. They exaggerate the good and the bad. I am not sure I would use cunning to describe the media (I could think of a few other interesting words, however), but to each his own.

At the bottom it says: This article was originally published on Sept. 4, 2008

>> Anyone know how I can buy stock in CNBC without having to buy stock in GE? Their revenue is going to skyrocket.

As I recall from the last recession, people will sooner or later just stop watching because it's too depressing. That's probably the bottom. Someone should start tracking # of posts on streeteasy as an indicator of some sort.

At the bottom it says: This article was originally published on Sept. 4, 2008

yes but updated......

As I recall from the last recession, people will sooner or later just stop watching because it's too depressing......that's exactly right....and the cycle beginth again....

yeah but if he was saying to be optimistic and buy in september of all times should be be listening to him now