Categories: OLD Media Moves

This post to be followed by another one later

TheStreet.com media critic Marek Fuchs takes aim Thursday at a headline on the BusinessWeek Web site that proclaims: “Oil Hits $129, Heads for $130.”

Fuchs writes, “Where to start? With the automatic, implicit assumption that we will go up before down? Perhaps.

“Or the notion that you need a journalist to help you think out the fact that $130 comes after $129.

“Or the ridiculously small ball nature of the thought, whatever you think of it, because $1, after all, is less than 1%. At least when we’ve had ridiculous claims of soaring prices in the past (I’m thinking famous calls of Amazon and Google) it was done with some panache, some drama. The numbers were set high, at least. Not, uh, one tick higher.

“Make sure your wig is clipped to your head, because more dopiness ensued on BW’s pages, and we’ll give it a quick review.”