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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (37354)	4/29/1999 10:07:00 PM
From: Jenna	Read Replies (3) \| Respond to of 120523

Susan I think its ratings game again. Seems that when all is well people tend to tune off. They were talking about how the NASDAQ was hit so hard and meanwhile NASDAQ was down 25 from 45, which is quite an improvement. You know they have the latest equipment and can see the quotes probably better than we can. Unfortunately I have to tune into the station because whether I like it or not because they are a barometer for traders and investors and I have to see the stories they are being fed. Bloomberg television is interesting but its occasionally dry and I'm not sure how many people would tune in. This went on all late afternoon after 2:00 p.m.. They basically 'milked' the AMZN tanking for all it was worth, namely bashing the whole sector. Do you really think they don't know that AMZN and AOL were down basically because they were overbought, and because of profit taking? If they add that element of fear, intrigue and question, then everyone will want to tune in tomorrrow for the 'neverending story of AMZN and AOL'.. It's just DRAMA. Profit taking has no drama