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To: Thomas G. Busillo who wrote (1854)10/6/1998 3:55:00 PM
From: lazarre  Respond to of 17683
 
Re: 3:40PM interview with Bollinger

Insana does it again... .

Ok; I'll accept the question structured in Ron's inimitable bearish way: " Now won't people feel more pain with lower interest rates ? " referring, of course, to people retiring on fixed interest rate baring instruments. OK, that's a legitimate question. But in the interest of BALANCE shouldn't Ron then ask: and won't other people feel good now that they have refinanced their mortgage? gotten a better interest rate on their new auto purchase? etc. etc.

L



To: Thomas G. Busillo who wrote (1854)10/6/1998 4:08:00 PM
From: Thomas G. Busillo  Read Replies (1) | Respond to of 17683
 
Nice to see Pisani throw one of his sources a bone. It had been a whole hour before a "friend of Bob" got his views broadcast under the guise of objective "reporting".

In his "winners and losers" segment, after rambling on about the indexes, he somehow manages to slip in that the chief technician at Salomon follows X number world markets and none of them are buys.

Why is this news?
Why is this news that should be aired in that particular segment?

It was also interesting to note how Pisani totally got that deer in the headlights look when it got to actually doing what the segment was aimed at - summarizing the winners and losers in individual stock issues as opposed to voicing the opinions of "friends of Bob".

In sports reporting they call these types "jock-sniffers".

Tom