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Pastimes : Gaseous Windbags
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To: Nemer who wrote (27)9/15/1999 11:03:00 PM
From: Patrick Slevin  Read Replies (1) of 114
 
<do when they fudge the books>

Speaking of which, I was tuned into CNBC much of the day....I usually jump back and forth to Bloomberg but rarely pay much attention to either.

However, today second only to the usual "THE TECHS ARE ON FIRE!" speech I was a bit taken a-back by the amount of times they seemed to marvel about the market being down in the face of "good" news, what on the face of it seemed like a "benign" CPI. Personally, I could not put my finger on exactly what was wrong with that CPI report but it sure seemed like the best Sell Signal I have had handed to me on a silver platter in a long while.

These people aren't dumb, what the heck were they so mystified about?
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