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Pastimes : Ask Mohan about the Market

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To: Link Lady who wrote (16349)9/6/1998 7:24:00 AM
From: John Hunt  Read Replies (2) of 18056
 
Bears even popping up on CNBC now

examiner.com

<< Investors should remind themselves that TV's primary mission is not to enlighten or entertain, but to attract an audience that advertisers will pay through the nose to reach.

With a bear market almost certainly upon us, those advertisers - mostly brokerage houses and mutual funds - can rely on CNBC to calm the herd and keep it pointed toward the greener grass of a mythical Dow 10,000.

But I cannot imagine what they will find to talk about if the months-long bear market stretches into years. >>



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