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Cavuto Treats His Audience Like Idiots

Reported by Melanie - October 8, 2008 -

Four minutes into his "business news" show today (October 8, 2008), over a shot of the closing numbers on the Dow, Neil Cavuto said, "Guys, if we can broaden this out again I'd like to take a look at some of the other boards here to show you [see screenshot below] we had fairly respectable ah, volume today ah, so this was not sort of a lack of sentiment ah, for this market. And ah, the TRIN which you see is an indication of maybe future sentiment going forward, hardly robust. I don't want to bother you with the arcane nuances in those numbers but it indicates very little positive follow through."

Arcane%20Nuances%2010-9.png

Comment: Translation: I know I've never explained to you what the TRIN or the TRAN, or any of these other things mean because it's precisely during times like this that I don't what you to know what they mean because they're scary! Look at that right hand column. "UVOL" means up volume and "DVOL" means down volume. Today the down volume is almost double that of the up volume. Yikes. If you knew that you might freak out and think bad thoughts about Republicans so I'm just going to say that gibberish is nothing more than a bunch of "arcane nuances" and leave it at that. The less you know the better.