Word: bulling
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...Greenspan turns out to be right, by summer U.S. businesses will be able to imagine healthy growth again, the markets will embark on a slow and steady bull run, and sometime in early 2002 Greenspan will be acknowleged, with fresh awe, to have Done It Again...
...Cheiron guys, Martin and Rami have been the quickest to get their new studio off the ground. Last month, the desks weren't set up and the boxes weren't all unpacked. But the TV, the PlayStation and the fridge full of Red Bull were plugged in. Britney Spears was in too, working on her third album, slated for a November release...
...panic has been limited. But then that's what makes it torture. As bad as the '87 crash was (22.6% on the Dow in a day), we were in a new bull market the next morning. Indeed, the '87 "buying opportunity" had much to do with fostering a buy-on-dips mentality that prevailed through the '90s. That mentality is in the process of getting crushed. We've moved from buying dips to just holding on. What comes next is "'Omigod, the stock market is risky,'" which is when people get out, says Nicholas Sargen, strategist at J.P. Morgan Private...
...More encouraging is that more stocks are making highs than lows on the New York Stock Exchange, and money funds had record inflows of $94 billion in January. That's a lot of buying power. Indeed, Christine Callies, chief strategist for Merrill Lynch, believes we're in a "stealth bull market." A slew of smaller companies is doing well while the big stocks are getting taken apart. The average diversified stock fund is down just 7% since the start of last year; 34% have risen, Morningstar reports...
...once earmarked for the school is diverted to parents, initially for use on transportation to better public schools. Then, after three years, parents can exercise their "school choice" and use that money toward private school tuition. (Notice that the words "school choice" have replaced the red-rag-to-the-bull "vouchers...