Thursday, July 07, 2005

Fox News's new Motto?

“We buy Futures, you mourn the dead:”

From Sheppard Smith and Britt Hume…

From Fox News' July 7 breaking news coverage between 1 and 2 p.m. ET:

SMITH: Some of the things you might expect to happen, for instance, a drop
in the stock market and some degree of uncertainty across this country -- none
of that really seen today, and I wonder if the timing of it -- that it happened
in the middle of the night and we were able to get a sense of the grander scheme
of things -- wasn't helpful in all this.

HUME: Well, maybe. The other thing is, of course, people have -- you
know, the market was down. It was down yesterday, and you know, you may have had
some bargain-hunting going on. I mean, my first thought when I heard --
just on a personal basis, when I heard there had been this attack and I saw the
futures this morning, which were really in the tank, I thought, "Hmmm, time to
buy."
Others may have thought that as well. But you never know about
the markets. But obviously, if the markets had behaved badly, that would
obviously add to people's sense of alarm about it. But there has been a lot of
reassurance coming, particularly in the way that -- partly in the way the Brits
handled all this, but also in the way that officials here handled it. There
seems to be no great fear that something like that is going to happen here,
although there's no indication that we here had any advance warning.



His First Thought…Buy Futures…WOW

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