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To: Lucretius who wrote (14387)	3/10/1998 10:03:00 PM
From: marc chatman	Read Replies (1) \| Respond to of 95453

LT, regarding the shaking out of weak hands, my guess is we are also seeing quite a few funds being shaken out, or shaken down. I noticed a stat today that the DJIA is up over 9% year-to-date, but the average fund manager is up something like 6%. The funds running behind the average (which seems to be most of them) aren't likely to be patient in waiting for this sector to perform. Sure, at some point within six months or a year we are likely to see much higher stock prices, but these guys can't take the chance of reporting lousy returns to their investors. I suppose that when the funds start to come in seriously, they will all come in at the same time.

To: Lucretius who wrote (14387)	3/10/1998 10:13:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (2) \| Respond to of 95453

Ahhh...leave it to a lawyer to make a personal attack They're called reporters for a reason. Also, don't think some "sources" don't have agendas of their own when they pass "info" onto these guys. The longs and the shorts both do it. I've seen it used very effectively over the yrs in print and tv. EXACTLY contrary to what you wrote: TV people don't move mkts. you made my point just in case you need the extra step in logic.... they wouldnt be passing along the info with the agenda IF it didnt have a chance of moving the market... BTW-- the last time I was on the floor of the NYSE, CNBC was on, but it was muted. :) btw, the last floor trader I talked to.....said that they dont need CNBC for quotes now do they.....