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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Ilaine who wrote (47106)2/15/1999 5:52:00 PM
From: novice investor  Respond to of 132070
 
Hi CB,

>>aimed at housewives without a lot of education<<

I've never read Sun or any other supermarket tabloids, however if we assume your assessment of their intended readers is accurate then the fact that Sun considers such readers are interested in stock market is an interesting issue.

Doesn't this imply that more people, including housewives with limited education, are getting into stock market? If so, wouldn't this be another indicator of a market bubble condition? While the article has bearish information, the readers of such tabloids may approach the stock market in the same manner they would buy lottery tickets; if they lose they'll probably buy more to get their money back.

NI