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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (22787)1/21/1999 9:09:00 AM
From: TobaccoMan  Read Replies (1) of 50167
 
>>" Undoubtedly investment sensationalism like CNBC background music makes moves sound even more drastic than they actually are. Many a times triggers are pulled at wrong moment only because CNBC short-termist makes it look all hell is breaking looses,...." <<

Amen, Brother! I flew into a rage the other Thur. when I tuned in CNBC after the Dow dropped 200+ points and I found the anchors screaming from their desk "This is a SPECIAL ADDITION of Markte Edge (or whatever)" and they had in big bold words on the screen "THE THURSDAY SELLOFF"!! This type of sensationalism only leads to an emotional rollercoaster for the many of the markets inexperienced small investors who get taken by the hype. What investors need are facts and education - not Jerry Springer or Oprah on Stocks.

Thanks Ike for your continuing education.
Regards, Tobaccoman
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