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Strategies & Market Trends : Waiting for the big Kahuna
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To: Staff who wrote (10631)11/30/1997 3:22:00 PM
From: vegetarian  Read Replies (1) of 94695
 
I agree with the basis of your post that the media tends to put a positive spin on every event and any negative or sell oriented discussion is avoided.
To their credit though they did not recommend buying stocks like IDID (Comparator) Bre-X etc, the speculators bought such momentum stocks on their own and may not be affected by what the media has to say so those examples may not be a good analogy.
Also, during the anniversary week of 1987 crash they had presentations which were on the negative side, although they did not explicitly tell people to sell.
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