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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (57570)4/27/1999 6:05:00 PM
From: Knighty Tin  Read Replies (1) of 132070
 
To All, Theme of the day on CNBS: "Nobody is worried about the tech stocks. This tradeoff is actually a good thing. We should concentrate on the Dow, which was up a mighty 1.07% while the Nasdaq was down a measely 1.87%. Pay no attention to the man behind the curtain." <g>

I mention this because while tuning in often today, I must have heard words to that effect uttered at least 30 times. Well, except for when the Nasdaq was up early morning, at which time it was very significant that it was up more that the Dow. <g>

The funny thing is, I don't disagree with them, as one day's action doesn't mean much. But Bubblevision drooled all over itself making up the excuses for the Nasdaq.
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