Fone Geeks,
I'm not complaining.
I'm just saying that things are being blown out of proportions with these so called media experts on CNBC and Fox Business, Sky Business etc.
People are panicing a lot quicker and these "analysts" are painting the doom and gloom picture for their own benefit.
How many of them actually trade this market?
I remeber back in February, the DOW was up 300 points 30 minutes before close, when a CNBC commentator said that an Insurance giant was a good chance of losing their AAA Credit rating. The DOW closed 150 points down.
The media is adding to the volatility. That is why this volatility has never been seen before and the VIX is trading at record levels.
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Fone Geeks,I'm not complaining.I'm just saying that things are...
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