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10 October, 2008

Why the fascination with bewildered stockbrokers?

I am always amused when news sites are showing us photographs of stock traders who look like they just saw a moose explode in the middle of the forest. Why is this newsworthy? Why is this interesting? I guess the thinking is, "If THESE seasoned financial experts are panicking, YOU should DEFINITELY be panicking too! And reading more of our news pages!"

I especially enjoy the "hand over the mouth" motif. Maybe they are burping? We need more info. Maybe they just ate garlic and don't want to offend fellow brokers? Maybe they are talking to their agents and, like baseball coaches, they don't want others reading their lips and passing on the signs to buy and sell?

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