LIKE MANY NERVOUS INVESTORS, I'VE BEEN WONDERING whether to bail out of stocks at these levels. So I've been reading the papers more carefully to find out what's really going on. In fact, I've been reading several papers at once. As a result, I'm now convinced that newspapers are no help at all for figuring where stocks are headed tomorrow. They can't even tell us why stocks went up or down yesterday. The New York Times gives an entirely different explanation than the Wall Street Journal, which gives an entirely different explanation from, say, USA Today.
For example, stories on June...
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