Word: bartonized
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...market opened simply garden-variety ugly at 9:30 a.m. Monday. We dumped and dumped and dumped; we were sure that a global sell-off would ensue from the Southeast Asian fallout, and we wanted to beat the panickers to the exit. The sell-off remained orderly until Barton Biggs, one of the reigning rainmakers on Wall Street, conducted a conference call with Morgan Stanley Dean Witter clients. Set up by brokers who actually thought Biggs might be bullish, the big shots who dialed in got a dose of fear that would have chilled Roosevelt in '32. Biggs, it seems...
Harvard jumped out ahead at 15:39 on Hench's goal. Captain Tom McLaughlin crossed the ball to Hench in front of the right side of the goal, and Hench launched a shot toward the far lower corner. The ball got past Cornell's sophomore keeper Andrew Barton and caromed off the goalpost and into the back...
...Crimson quickly countered 1:43 later when Chijioke deposited his first goal of the year past Barton off of Hench's corner kick. Freshman Ryan Kelly had missed an attempted header and Chijioke found himself in perfect position to finish the play...
Practically everyone has a bull-market story, and collectively these tales illustrate the depth of the market's penetration into our social consciousness. Barton Biggs, the veteran investment strategist at Morgan Stanley Dean Witter, recalls a party at his summer house last month. The septic system backed up, and the plumber who came to save the party did so in more ways than one. The plumber recognized Biggs from his TV appearances and immediately commenced quizzing him on the market. "I told him I would be cautious at this point," Biggs says. The plumber begged to differ. To the amusement...
...today, you are paying more than anyone in the history of commerce to get into the market. That's what Alan Greenspan, Warren Buffett, George Soros and others have been suggesting for months. And that is why some of Wall Street's top strategists are lightening up on stocks. Barton Biggs at Morgan Stanley Dean Witter opens his newest report with the line "I am raising more cash." It doesn't mean a crash is imminent or even inevitable. But the current pace cannot continue, and it is increasingly likely that a big dip is coming--one that...