Word: bulles
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There you have the challenge facing Michael Chernuchin, the creator of TNT's new series Bull (Tuesdays, 10 p.m. E.T.), as he speculates on the appeal of Wall Street drama. (Fox will do likewise in November with Darren Star's randy The $treet.) True, medical and legal shows have upper-class heroes, but we focus more on Ally's sex life than her 401(k) balance. Whereas a mergers and acquisitions specialist on Bull talks about having a kid in a $17,000-a-year private school (he bets that much on Mets games too). We're meant to empathize...
...that this cannot last. Where technicians quibble is the exact future points of resistance on the upside and support on the downside. Is the pennant symmetrical, ascending or descending? Let them quibble. Suffice to note that as the range narrows, we get closer to declaring a winner in the bull-bear tug-of-war. A textbook reading, says Richard McCabe, chief market analyst at Merrill Lynch, is that by late August, the pattern will be broken, the Dow's new direction evident...
...rising interest rates seems about over. The second half of presidential election years tends to be a good time for stocks. And technically speaking, the S&P 500 looks healthier than the Dow. So don't read too much into this chart chatter. But be you bear or bull, get your ducks in order now. We're close to finding out who's boss...
...Austrian beverage Red Bull stands out in an oversaturated market by leading a double life: energy drink by day, mixer by night. Red Bull, which retails for $1.99 a can, sponsors such varied sporting events as street luge and Formula One racing, but its core constituency is fast becoming clubgoers, not athletes. The sugary yellowish brew, first introduced in California in 1997 and now available in more than 20 states, has hit the club circuit at such hip spots as Sky Bar in Los Angeles and Twilo in New York City. Leonardo DiCaprio served Red Bull at his millennium bash...
Among the active ingredients in the concoction are the amino acid taurine, vitamin B12, sugar and a jolt of caffeine (each 250-ml can has about as much caffeine as a shot of espresso). For added punch, party regulars prefer their Red Bull with vodka or champagne. "It gives you a high, especially when mixed with other substances," says Lauren, 27, a New York City art dealer. "It lets you party all night long." Best of all, it's legal...