Monday, August 17, 2009

CNBC Cheat sheet for today

If market open down 2%+= Correction.  Make sure you say we are out the recession and this is a normal correction

If market moves down 3%+= Market was very overbought, bring on Bull to say this is a great buying opportunity

If market moves down 4%+= This is short sellers fault, the uptick rule should come back  and shorts should be ban

If market moves down 5%+= 12 Panel squawk, all bulls, all must say anything bullish and say "green shoots" 3 times.

If market moves down 6%+= Sacrifice Cramer to the public


If market moves up to only down 1%= Bulls have control of the market. Scream Bull and Buy

If market closes up: Pump market more and call GS and say THANK YOU.

Note: Make a big deal about every little uptick. Mention only good things and how the economy is recovered.