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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Lucretius who wrote (59738)	9/1/1999 8:34:00 AM
From: MythMan	Read Replies (1) of 86076

>>The CNBC taunting of the bears seems anecdote enough. The infomercial atmosphere speaks volumes of the complacency. Their guest list of super-bulls is getting quite stale. Yesterday morning, Mark Hanes and super-bull guest Joe B. were virtually indignant as they interviewed the CIO of Panagora Asset Management. The CIO flatly stated that he expected at least a 20% correction and that the speculative bubble in existence was textbook. He blew holes in Joe B's "earnings analysis". Unfortunately, it's probably the last time this CIO will appear as a guest. Not to fear, the CNBC gang quickly segued to their in-studio "real" guest of the day - a professional chef. While making an omelet right there on the set, the chef was kind enough to discuss his trading activities. He also gave a few of his latest tech stock picks. Believe us folks, this is journalism taken to a whole new level. A perfect example of "lowering the bar". Although we can't confirm, we've heard Ron from Ronco will be on next week. Topic of conversation? Pasta makers and constructing relative strength charts using spaghetti. << contraryinvestor.com

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