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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (31554)	8/27/1998 11:18:00 AM
From: Knighty Tin	Read Replies (1) of 132070

To All, The funniest thing that happened yesterday occured after the market closed, with CNBS telling us why a 70+ point loss in the Dow "really looked good." All the top strategists agreed. The market showed surprising resiliency. Funny, they haven't followed up on that theme this morning. <G> I'm not saying that the market won't have a rally. I'm just saying that when it goes up, CNBS tells us how wonderful it is, and when it goes down, they tell us how that really doesn't matter. But they aren't biased. MB

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