Running of the Bulls' favourite Bubblevision cheerleader, Dennis Kneale, once again repeated an astonishingly incorrect assertion about financial securities on the air today.  At approximately 4:23pm on CNBC, in a discussion regarding the continuing bear market in equities, he stated, and I quote, "It's not a loss until you've sold." 

This drives Running of the Bulls crazy for reasons noted before.

It amuses us that such silliness continues to be repeated on the most important financial television channel on the planet.