Word: crash
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Dates: during 1980-1989
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...star-crossed: Friday the 13th in the month of October, on the eve of the second anniversary of a devastating market crash. "I'm telling you, psychology is really funny. People get crazy in situations like that," said portfolio strategist Elaine Garzarelli. Last week Friday the 13th lived up to its frightful reputation. After drifting lower at a sleepy pace for most of the day, the Dow Jones industrial average abruptly lurched into a hair- raising sky dive in the final hour of trading. By the time the 4 p.m. closing bell halted the rout, the index had dropped...
...Today's development was as many people, including myself, expected," said Lee Professor of Economics Hendrik S. Houthakker, who called Friday's 190-point drop a "freak." Houthakker also said that the Black Monday crash of 1987 was "relatively insignificant" to the economy...
Traders said the stock market benefited fromthe experience gained in the 1987 crash. The NewYork Stock Exchange managed to handle the heavytrading volume because of a big investment intechnology made after the crash...
Space officials calculate that the chances of plutonium being released in an aborted mission are no greater than 1 in 1,428. Declares Dudley McConnell, nuclear safety manager for NASA: "You have a thousand times greater chance of dying on the ground from debris falling from an airplane crash than you do from the Galileo mission." Critics, though, remain unconvinced by such assurances. For them, the only real comfort will come when Galileo is gone from earth...
...idea of God held an appeal for her. If Godexisted at the very least she would repent and beforgiven; and the most she would be absolutelyabsolved from blame. The time she ahd spent inchurch ahd been restful and contemplative,however. She had enjoyed the way the light hadseemed to crash vigorously into the stained glasswindows only to be diffused into blues and yellowswhich filtered easily into the church. The lightsat in the people's hair as they lined up in thepews. It was the ritual that had driven her fromthe church, the Mass and a sermon every Sunday atten...