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.

Pastimes : CNBC -- critique. -- Ignore unavailable to you. Want to Upgrade?

To: lazarre who wrote (1500)	8/27/1998 11:51:00 AM
From: Martin Wormser	Read Replies (2) \| Respond to of 17683

Guesses on what they are going to call today? Tumoltuous Thursday Tanking Thursday

To: lazarre who wrote (1500)	8/27/1998 1:09:00 PM
From: capitalistbeatnik	Read Replies (2) \| Respond to of 17683

I admire Druck for having some integrity in not answering unanswerable questions. But did CNBC learn anything....they're asking guests one after another about the future direction of the Dow. Here are some absolutely meaningless phrases used to fill time on CNBC: "The bulls and the bears are battling it out on the floor" --yeah, and what else is new? "If the market keeps this momentum up, we could hit new highs" --brilliant. "The Dow dropped 20 points today on ...(fill in the blank)" --no it didn't. Noone can say why the Dow goes up or down on statistically insignificant variations (unless one or two stocks does a serious tank for obvious reasons).