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"Dow Teeters on the Brink of Record High"
Author as heard on network news broadcast | 5/10/2006 | JewishRighter

Posted on 05/10/2006 11:54:55 AM PDT by JewishRighter

"Dow Teeters on the Brink of Record High"

I kid you not. On the 2:00 ABC radio network newsbreak, the announcer said the exact words quoted above. How can you say that something doing extraordinarily well is teetering on the brink? Doesn't that suggest impending doom or disaster? This is just an example of a literally endless suppy of proof that the MSM is rotten to the core with bias.


TOPICS: Business/Economy
KEYWORDS: abcnews; bias; bushsfault; djia; dowjones; liberalmedia; liberals; media; mediabias; notnews; takeit2chat; wrongforum

1 posted on 05/10/2006 11:54:57 AM PDT by JewishRighter
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To: JewishRighter

Big Media: "Record day on Wallstreet, But....."


2 posted on 05/10/2006 11:56:16 AM PDT by TexasCajun
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To: JewishRighter

It may also be a superb example of dreadful broadcast newswriting. There's plenty of that around.


3 posted on 05/10/2006 11:57:32 AM PDT by RexBeach ("There is no substitute for victory." -Douglas MacArthur)
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To: TexasCajun
"DOW hits record High Close"

"Women and minorities least effected"

4 posted on 05/10/2006 11:57:34 AM PDT by Semper Paratus
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To: JewishRighter

End of the day headline will probably read, "New High On DOW Less Than Expected".


5 posted on 05/10/2006 11:57:36 AM PDT by coconutt2000 (NO MORE PEACE FOR OIL!!! DOWN WITH TYRANTS, TERRORISTS, AND TIMIDCRATS!!!! (3-T's For World Peace))
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To: JewishRighter

teeters.........is that like man-boobs?


6 posted on 05/10/2006 11:58:20 AM PDT by macamadamia
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To: JewishRighter
They could try harder. How about:

"All across America, people are eyeing their stock portfolios. Recent market activity threatens to cross a threshold which many were confident would never be reached. But now that confidence has been shattered. Dan Smith, a short-seller in Minneapolis had this to say: "I'm worried that my life is about to be ruined. Every penny I have is tied up in the market, and the way things are going, I think I'm going to lose my shirt."

7 posted on 05/10/2006 11:59:22 AM PDT by ClearCase_guy (Never question Bruce Dickinson!)
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To: macamadamia

er, uh, I was never very good at biology. I think it means something like, shaky, about to topple and may have nothing to do with , except the kind in the media.


8 posted on 05/10/2006 12:00:15 PM PDT by JewishRighter
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To: JewishRighter

It's down a skosh today, after closing 85 points from the alltime high yesterday. I heard on the radio this morning that there would be a little drop because of the Fed raising the discount rate today.


9 posted on 05/10/2006 12:00:16 PM PDT by cryptical (Wretched excess is just barely enough.)
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Comment #10 Removed by Moderator

To: cryptical

You make a good point. Just before I posted this thread, I checked today's Dow chart, which showed it wasn't teetering on the brink anyway, but had a modest deline on the order of .7% at the time they made that statement. Clueless.


11 posted on 05/10/2006 12:02:14 PM PDT by JewishRighter
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To: JewishRighter

Speaking of lesser-known examples of bias, has anyone noticed that on Jeopardy, when conservative politicians are a question, they tend to be mentioned in a negative way, but when liberals are a question, they're mentioned in a positive or neutral way?

The most annoying thing with that is Helen Thomas. I swear, I've heard her mentioned as a positive answer (question) about four times over a few months.

And please, no Helen Thomas pics. I'm about to have lunch.


12 posted on 05/10/2006 12:02:35 PM PDT by JillValentine
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To: JewishRighter

13 posted on 05/10/2006 12:02:57 PM PDT by mikethevike (We could use a little global warming up here in MN)
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To: JewishRighter

The MSM would like to comment about it, but they are busy with stories about how we are starving the palestinians.



14 posted on 05/10/2006 12:02:58 PM PDT by Proud_USA_Republican (We're going to take things away from you on behalf of the common good. - Hillary Clinton)
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To: ClearCase_guy

LOL!! Be careful, if they spot that kind of writing, they might send someone out to recruit you.

Here's another sample:

All across America, day traders and other market watchers bought up all the rope available at Home Depot in anticipation of a new high on the Dow.


15 posted on 05/10/2006 12:04:42 PM PDT by JewishRighter
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To: mikethevike

ROFL


16 posted on 05/10/2006 12:07:04 PM PDT by Kenny Bunkport
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To: JewishRighter
Media coverage of the market is always like this -- if it's bullish, they find a bear to tell us why it won't last (and vice-versa). It's a way of covering their derrieres, and allows them to avoid having to think too deeply.
17 posted on 05/10/2006 12:07:39 PM PDT by USFRIENDINVICTORIA
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To: Proud_USA_Republican

Israeli Troops Shoot -Toting Palestinian: Claim They Were Trying to Prevent Attack While Palestinian Children Starve.


18 posted on 05/10/2006 12:07:49 PM PDT by JewishRighter
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To: mikethevike

Unbelievable! I am jealous of you folks who know how to whip up a quick photo funny like that. LOL!


19 posted on 05/10/2006 12:08:52 PM PDT by JewishRighter
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To: JewishRighter

Just joking....I really do know what teeter means. But really you're right, "teeters on the brink?" Reminds me of a CNN guy a year or so ago talking about gay men and marriage. He said something like, "For now they are considering a backdoor approach." !!!!!!


20 posted on 05/10/2006 12:09:05 PM PDT by macamadamia
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To: Kenny Bunkport

It's a slow day at the office for me :-)


21 posted on 05/10/2006 12:09:43 PM PDT by mikethevike (We could use a little global warming up here in MN)
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To: USFRIENDINVICTORIA

I can't quite agree with you. I remember distinctly that media coverage of markets and the economy during the Clinton years was celebratory, optomistic and even giddy. Talk of a market bubble was generally scarce and quickly dismissed.


22 posted on 05/10/2006 12:11:09 PM PDT by JewishRighter
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To: JewishRighter

You don't hear any analysts talking about a 20% "correction" on the horizon like you did in 1999.


23 posted on 05/10/2006 12:13:24 PM PDT by massgopguy (massgopguy)
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To: HappyFeet
The index has increased 4.9% in the last 6 1/2 years for a new high. I'm glad my money has been in CDs.

Anyone who was listening to Bob Brinker ("Money Talk" on syndicated radio) would have been out of the stock market before 9/11/2001, and fully-invested in stocks since sometime in 2002 (or 2003, I don't recall).

Unfortunately, I missed out, too, because I'm still waiting for my S&P index fund to recover completely.

24 posted on 05/10/2006 12:13:56 PM PDT by newgeezer (Just my opinion, of course. Your mileage may vary.)
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To: JewishRighter

I see this thread was re-classified to General/Chat. Sorry if I had that wrong. I thought since it was something just heard on the news, it belonged in news. Thanks.


25 posted on 05/10/2006 12:14:02 PM PDT by JewishRighter
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To: JewishRighter
Yeah, I remember the constant cheer-leading on CNBC. However, even while talking the market up, they would put on enough shorts to provide "balance" -- even though the shorts were usually nothing more than fresh meat for the rabid bulls to gore. It was supposed to be "the end of the business cycle" thanks to the Internet. (There's some truth to that, because of vastly improved supply-chain and inventory management -- but, in retrospect, it was mostly hype.)

Clinton gets credit for a strong economy -- even though he should be blasted for presiding over a bubble. Bush will never get the credit he deserves for preventing a serious depression after the bubble was burst, to say nothing of containing the damage to the economy after 9/11. The U.S. (and the rest of the world) is fortunate that the U.S. economy didn't go the way of the Japanese economy after the collapse of their real estate bubble a decade earlier. I "blame" Bush.
26 posted on 05/10/2006 12:26:39 PM PDT by USFRIENDINVICTORIA
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To: macamadamia
"For now they are considering a backdoor approach."

That's Jay Leno-like material.

27 posted on 05/10/2006 4:06:59 PM PDT by Kenny Bunkport
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To: USFRIENDINVICTORIA

Reagan gets credit for nearly a quarter century of sustained grown (with very minor down-ticks over that time). Clinton gets "credit" for doing nothing to seriously mess with the economy, and the credit for that goes to the Republicans for taking control of Congress in 1995. Clinton is the biggest do-nothing president we've ever had, and for that we should all be grateful.


28 posted on 05/10/2006 4:11:04 PM PDT by Kenny Bunkport
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To: Kenny Bunkport

You're right about who gets the credit from those who think -- unfortunately, that's not the spin the MSM puts on things.


29 posted on 05/10/2006 4:20:15 PM PDT by USFRIENDINVICTORIA
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To: macamadamia

I know you knew what teeter means. I'm just playin' dumb, which comes natural.


30 posted on 05/11/2006 6:35:15 AM PDT by JewishRighter
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To: JewishRighter

The Dow's no fun. It fell right over.


31 posted on 05/12/2006 1:16:19 PM PDT by Doctor Stochastic (Vegetabilisch = chaotisch ist der Charakter der Modernen. - Friedrich Schlegel)
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