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?
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…)
[sub]*Merril-Lynched?[/sub]
I listen to Marketplace on NPR, and I’m pretty sure they say “down.”