VC funding continues record pace in third quarter

Somebody please explain to me how this headline completely contradicts another HN headline (from the Wall Street Journal) that says the exact opposite: http://news.ycombinator.com/item?id=3105596

From what I can tell, the WSJ is blowing smoke by saying that current VC funding is something like 76% lower than the 2000-2001 high - but this article is saying that current spending over 9 quarters is still going up. Is this correct? If so, I'd say that the WSJ is pulling feathers out of their ar$e akin to "current spending is lower than the high from the 1890's - who cares if this boom is more sustainable and less inflated than the tech bubble? For once CNet is doing a better job than the WSJ.