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To: zurdo who wrote (71089)10/9/1998 4:29:00 PM
From: D.J.Smyth  Respond to of 176387
 
zurdo <<There is so much manipulation out there it gets nauseating!! >> well. i don't mind manipulation if i'm long and the position goes up. i get upset when the rolls reverse. but, generally, money goes where it is treated best in the long term regardless (someone said that). you can always tell if a commentator is long or short a stock by the color of his face (pink means he's long and it went up that day (or short and it went down). ashen white means it went against him.) both Lou Dobbs and the Bloomberg commentators show too much. the women commentators are better liars about their feelings though.

i saw a woman on CNBC the other day commentating from the floor of the exchange. she stated prior to the market open (while looking into the camera, speaking quickly), "the bank stocks are clearly heavily oversold and are ripe for a rise and there appears to be significant interest on the floor today in bank stocks. especially attractive are Travlers, Bank America, and (pausing for effect, now looking down at her hand held pad), hmm, JP Morgan (said with a quisical, 'i-like-this-idea-look-and-sound' as she clearly tapped her pad with her pencil on JP Morgan then circled the name). Thanks Ralph got to go (as she literally ran to a specialist's both - probably JP Morgan's). ah, those women, can't see through them or believe them - when a man lies he gets defensive. when a woman lies - who knows?

was that a signal to buy? i don't know. makes one laugh though (made me want to buy JP Morgan) JP Morgan went up that day, then fell considerably in days following.