High Tolerance Plasticity Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : High Tolerance Plasticity

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Winkman777 who wrote (7072)	8/27/2001 1:40:49 PM
From: The Ox	Read Replies (1) of 23153

Anyone notice how the media is portraying the market these days? It's getting pretty thick. Take today's lead story on SI from Reuters. I find this type of sensationalism to be one of the market's major problems and it needs to be reigned in. I doubt that the press will ever police themselves properly but it would be nice to see some level headed reporting, especially on the internet. I know I'm dreaming..... For example: Stocks Hug Lows as Rally Euphoria Fades By Elizabeth Lazarowitz NEW YORK (Reuters) - Stocks scraped their session lows in midday trading on Monday, after Friday's blazing rally failed to erase investors' jitters about dwindling corporate profits and a sluggish U.S. economy. As the euphoria faded, some investors were locking in profits following the strong run-up. What euphoria? A one day rally becomes investor euphoria? A one day, 73 pt NASDAQ rally (after the index had dropped more than 250 points during the previous few weeks) becomes euphoric? The very next sentence adds "We were due for a bounce. That seemed as good a reason as any on a Friday to get things going," said Charles White, president of investment firm Avatar Associates. "Is it sustainable? Nothing's sustainable until you get some real palpable evidence and visibility on an economic recovery." This doesn't sound euphoric? I could see if the market had rallied 4 out of 5 days with Friday's run on top of it, then it might be appropriate to use terms like euphoria. Almost every quoted comment in the article dealt rationally with Friday's move, yet the author chooses sensationalism as the presentation theme. I just don't get. This type of extremism in reporting the stock market is inappropriate, IMO.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next