GE must be very confident about the markets: New Studio w/Glitz & Lights &

[KoKo]

Hype Sound Effects on CNBC Financial Network!

Just checked them out today and they were in a frenzy over Intel's earnings saying chips and mother boards were flying out the door and that Intel projected "record" earnings. Hmmmmm.. I have heard that computers are flying out the door or that businesses are upgrading to new faster equipment. Could this be Iraq orders from the military? Maybe equipping the Iraqi schools with a computer in every classroom?

Their new set is nauseating to me, and the hype with it. Maybe some would think its great, but being as worried as I am about our markets, it looks like some huge Firework Celebration before the Typhoon hits.

There have been three very scary article posted here on DU in the last couple of days about Consumer Debt, Hedge Fund Debt, Over-extended Home Equity Loans and the falling dollar. Krugman, Jim Puplova ("Financial Sense") and CNN Money Watch. Molly Ivans today in her "A Few Rotten Apples" column.

Which way are we going here? Seems to be two opposite extrems of Bulls (CNBC) and Bears. With not much inbetween to give hope that there is some sense to all this hoopla.

I put my money with Krugman, but maybe under the mattress.....

Anyone, else thinking that the Hype is PR Campaign and the seriousness is about to blow? Krugman says it will take a few years, but he still is very cautious. I think sooner, but what do I know?

Still GE/NBC/CNBC seem to have pulled out all the stops with their revamp in Fort Lee!

[sangh0]

1. Sets are cheap

Ignore them. They're meaningless. Even an expensive set is relatively cheap.