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Strategies & Market Trends : TA-Quotes Plus

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To: EMorrison who wrote (2333)11/5/1997 10:36:00 PM
From: TechTrader42  Read Replies (2) of 11149
 
QP2 had the same disastrous numbers, Ed. Here are more accurate quotes:

Price:1637.33
Open:1639.94
High:1644.42
Low:1634.12

I think CNBC must be concealing the 500-drop from us. And speaking of CNBC, there's an amusing story on it in this week's "Talk of the Town" in "The New Yorker." The story notes how CNBC "covers the market in the same way that newspapers cover local sports teams. Last Monday, the pain was etched in the faces of CNBC's reporters. The following morning when the home team resurrected itself, the relief was palpable."

Maria Bartiromo, the story says, was conspicuously absent, so that the New York Post (that proud bastion of the highest principles of American journalism) ran the headline: "Missing Money Honey Made News More Bitter." Ron Insana is described as a "cross between George Costanza and Count Dracula, and CNBC's president as "a beefy and voluble Iowan who ... mixes hyperbole with business school jargon."

So at least CNBC spared us the 500-point drop in the NASDAQ Comp today.

Brooke
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