Meta Recursive April Fool's

Tuesday, April 01, 2008 | 08:51 PM

Okay, this is now getting downright silly. Let's clear this up, before it gets further out of hand:

Last night, I set to post my April Fool's gag -- about Google's new search engine that  allows you to search one day into the future. It was cute, but tame, and as the comments reveal, caught a few people off guard.

Then this morning, I saw Doug Kass' April Fool's piece, announcing his conversion to the uber-bullish camp. It was obviously a joke, punctuated with an "I have decided to convert my dedicated short funds into long-only partnerships. April Fool's Day!"

Dougie's commentary was very cute, if perhaps obvious: A well know Bear flips Bullish.

After mulling it over for a few nano-seconds, and seeing the soaring futures, I decided to have a little fun with Doug: What if the market actually mistook his joke for real, and the market rallied on the faux news?  Thus was born a meta April Fool's joke, about another April Fool's joke.

It was a parody about another parody, using the conceit that the first parody was to be treated as if it were believed by others as real. 

A few people in the financial media got it right away -- especially those who were mentioned by name. Dave Callaway of Marketwatch, and David Gaffen of the WSJ knew they hadn't written any such articles. They swatted a way a few media calls about this. 

Other sites were not so quick to dismiss the joke, and reported on it as if it were a straight piece of blogger induced news.

If there is any good news in this, the mainstream press were savvy/cynical enough to not buy into this goof; other sites were perhaps less grizzled. 

~~~

For the record, this was a goof.

Doesn't anyone recognize an April fool's joke when they see one anymore ?


>

Sources:

deleted to protect the gullible, which is a word that surprisingly, is not in the dictionary. Look it up, you'll see...

Tuesday, April 01, 2008 | 08:51 PM | Permalink | Comments (26) | TrackBack (0)
de.li.cious add to de.li.cious | digg digg this! | technorati add to technorati | email email this post

bn-image

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c52a953ef00e5518ebe948833

Listed below are links to weblogs that reference Meta Recursive April Fool's :

Comments

I can't wait for this day to end.

Posted by: Mr. Stupid | Apr 1, 2008 9:31:38 PM

The comments to this entry are closed.



Recent Posts

December 2008
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      

Archives

Complete Archives List

Blogroll

Blogroll

Category Cloud

On the Nightstand

On the Nightstand

 Subscribe in a reader

Get The Big Picture!
Enter your email address:


Read our privacy policy

Essays & Effluvia

The Apprenticed Investor

Apprenticed Investor

About Me

About Me
email me

Favorite Posts

Tools and Feeds

AddThis Social Bookmark Button

Add to Google Reader or Homepage

Subscribe to The Big Picture

Powered by FeedBurner

Add to Technorati Favorites

FeedBurner


My Wishlist

Worth Perusing

Worth Perusing

mp3s Spinning

MP3s Spinning

My Photo

Disclaimer

Disclaimer

Odds & Ends

Site by Moxie Design Studios™

FeedBurner