The Pisani Bounce
Yesterday morning, Bob Pisani of CNBC suggested that the market would rally. When that happened until about 11:00, Vince Farrell decided to suggest that Pisani was some kind of market genius and named the positive action “The Pisani Bounce”. Of course when the bounce “unbounced” from 11:00 until noon, the idea of Pisani being anything more than what he really is became apparent. But hold on…not so fast… when the Dow headed higher again by the time Cramer appeared in this “Stop Trading” segment, CNBC gave kudos once again to Pisani. This is the stuff that makes CNBC funny to watch! I love hearing about things like “The Pisani Bounce.”

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