24hr. Market watch on NBC

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While watching tonights episode of Frasier I saw a very interesting commercial. Starting on Jan. 2nd NBC will be airing 24hrs. of non-stop watching of the worlds stock markets. Mmmmm, interesting.

-- Rich (rubeliever@webtv.net), December 24, 1999

Answers

huh, go figure?

-- Hokie (nn@va.com), December 24, 1999.

Maybe they think the markets will be going up twice as fast.

-- Mike Lang (webflier@erols.com), December 24, 1999.

Great one Mike. Can you believe anyone will see that, and not want to GTFO of the stock market?

-- Earl (eshuholm@tstar.net), December 24, 1999.

From TheStreet.com:

The Coming Week: Even Bulls Can Fret About Bum Steers

By Justin Lahart Associate Editor 12/23/99 7:27 PM ET

It's not the coming week that Wall Street is worrying about these days so much as the coming year.

The amused, befuddled look the huge run in tech stocks put on many strategists' faces has given way to more worried countenances. Even strategists who have been forthrightly bullish (and remain forthrightly bullish on stocks' long-term outlook) are concerned that the move has become not just overdone, but speculative in nature.

"I think we are building the speculative bubble that a lot of people have been talking about for a long time," said John Manley, equity strategist at Salomon Brothers Smith Barney. Investors are "playing by rules I wasn't taught. For the first time in 10 years, I'm thinking it might end badly."

"I've been at this for 30 years, and I don't remember a time when I've seen this level of euphoria," said First Albany chief investment officer Hugh Johnson. "I think at some point there will be a correction or an adjustment, and it may be severe. That's not a bold or irrational forecast..."

"Hang on to your butts!" --- Samuel L. Jackson, Jurassic Park

-- Mac (sneak@lurk.hid), December 24, 1999.


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