I made the statement back in 2002, after the market fallout from the bursting of the tech/internet bubble, that ultimately a true bottom in the stock market will not reached until CNBC is out of business and off the air. First, the moronic broadcasters and the network's perma-bull propaganda will lose all credibility; second, most the network's sponsors will be bankrupt; and, most important, the lemming-like, brain-dead audience will lose all interest in the stock market.
Here's the link from zerohedge.com:
CNBC's Audience Is Fading Fast...
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