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To: DebtBomb who wrote (60447)	7/16/2002 7:15:57 AM
From: ChrisJP	Read Replies (1) \| Respond to of 208838

CNBC -- well I'm fortunate to have a day job so that I feel no need to have it on 8 hours per day. But the past 2 years, over the holidays, I almost found myself screaming at them for repeating false propaganda over and over again. In early 2001, it was "Stocks ALWAYS rise 6 months after the Fed starts cutting rates". As time went on, this mantra kept changing in a fashion oddly similar to "Animal Farm". In late 2001, they kept repeating the phrase "January Effect" in December -- this after the NASDAQ had already rebounded 40% in 3 months. The 2002 January effect lasted about 1 week. Those are just 2 examples. There are probably many others. But the big question is: "Who is telling them to say this crap ?" It is so obvious that they are controlled by Wall St. that it is really sad. Chris