Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: chojiro who wrote (50189)	2/4/2002 11:56:04 PM
From: Mike Buckley	Read Replies (1) \| Respond to of 54805

chojiro, BTW, did anyone notice how often today's sell off in the Dow was blamed on the Enron accounting and the possibility there might be other guilty companies? I've not watched the market since last Wednesday, but I did notice something similar prior to Wednesday. One day the Dow fell about 200 points. The fall was consistently blamed by CNN reporters on Enronitis. The very next day the Dow gained about 150 points. Should that rise be explained by investors' confidence that there were no more Enrons? Of course not. I've had CNN on all day long religiously since September 11. Prior to that I hardly ever watched television. Unfortunately, CNN has financial news reporting so I have to put up with the inane stuff Lou Dobbs and all the other reporters say on the air. I believe it's mostly garbage. --Mike Buckley