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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (74348)1/24/2000 5:53:00 PM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
To All, hearing CNBS tap dance around the declines today gave me a chuckle. "Nobody knows why it happened." "No fundamental reason for the decline." "The last time it hit 11,000, it bounced way up." "Why would stocks go up when bond yields go down?"

Now, these comments wouldn't bother me if, when the doddering horde took stocks up, they had made the same comments in reverse.

Such as "why did stocks go up with bond yields rising?" "No fundamental reason for the rise." The last time it hit 11,500, it crashed." "Nobody knows why stocks are going up."

Uh-uh, the biased reporting is just so obvious on a day like today.