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To: Goldbug Guru who wrote (105551)2/27/1999 12:24:00 AM
From: abraves  Read Replies (1) | Respond to of 176387
 
Agreed... I have just about always thought of CNBC as just another bunch of analysts. It just cracks me up because they all do their best to make sure there is turmoil, but then to ask a stupid question why everyone won't just bail the Money Market accounts and jump in the markets.

The first two weeks of January they were all saying dow 10,000 and the inflows were setting records. Then about three weeks later everything is over bought inflows slow way down and the money market accounts jump up.

They just don't get it. When they scare people out of the big stocks, the people don't start buying what they are pushing, they just park the money and wait until it's safe to get back in the same big stocks.