Word: coaster
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Dates: during 1990-1999
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...Society's production of The Heidi Chronicles sustained an exhaustive exhibition of the psychology of Baby Boomer life over 25 years with almost electric atmosphere. The cast's intensly emotional interactions, bristling with insecurity, love and pain, kept the audience on a two-and-a-half hour empathetic roller-coaster...
Harris' path to resignation was anything but straight. "There have been so many twists and turns in our policy that it's been a real roller-coaster ride," he says. Considered energetic and capable by his superiors, he proved unusually outspoken for a mid-level Foreign Service officer. In April he and 11 colleagues wrote a letter to Christopher urging military intervention to help the Muslims; the missive somehow leaked to the New York Times. In May, when Christopher asked the allies to lift the arms embargo against the Bosnian government and bomb Serb targets, "we were excited that...
...Last week, the president-elect described the last days in his home state as an emotional roller coaster ride. At times, he said, he was overcome with tears for no apparent reason . . ." -- HOUSTON CHRONICLE...
...Bill Clinton seeks to understand his quick transit from hero to goat (and hopefully back to hero) -- the roller-coaster common to the modern presidency -- this assessment from a 1983 New York Times editorial has become a totem among senior Administration officials. "Reagan was a goner, right?" says a Clinton adviser. "But then the business cycle took an upturn, and he won big a year later. Reagan's ups and downs remind us to take the long view. Bill Clinton won't be dead until he's laid out with his sax." It's simple, the President himself explained privately...
Experts say the remedy for such roller-coaster rides is to invest for the long term rather than trade frequently in an effort to time market swings. "Stock market declines are normal," says Peter Lynch, who notes that the Fidelity Magellan Fund he managed fell nine times during his 13-year tenure. "Stocks have still averaged an 11% return through depressions and world wars," Lynch adds. "But if you're unable to stand volatility, you should not be in. If you spend more than 14 minutes a year worrying about the market, you've wasted 12 minutes...