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#1
03-12-2007, 02:03 PM
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Are financial reporters afraid - or not allowed - to say "down"?
I have the TV tuned to CNBC a lot during the day, and I've noticed that the market is either "up" or "off", but never "down". I can't help but wonder why they always say "off", which is so similar-sounding to "up", instead of saying "down". Is there some kind of taboo?
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#2
03-12-2007, 02:13 PM
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No-one wants to be the first seed crystal to initiate a panic sell, and then get lynched* by the mob.
(Hey, if things are that unstable, random noise might do it...) *Merril-Lynched?
__________________
Rigardu, kaj vi ekvidos. Look, and you will begin to see.
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#3
03-12-2007, 02:27 PM
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I listen to Marketplace on NPR, and I'm pretty sure they say "down."
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