Word: downwardly
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Becoming president should be a transformation upward - the start of the honeymoon. What we see now are two transformations downward - not only no honeymoon, but the vicious opposite of romance of any kind. E-mail flies around the Web to the effect that 1) George W. Bush is infinitely stupider than we had ever thought, or 2) Al Gore is a cheating weasel, weirder than anyone suspected during the campaign. On the radio, Don Imus foams at the mouth impartially, ranting about both...
...Look at the chart - this has been on the horizon for a while. From the March peak of 5132 to Friday's close of 3029, the general direction of the NASDAQ graph - what's called the trend line - is a consistent downward slope. It's tested its low of 3026 several times, in May, in October, and last week, and, as technical analysts like to say, "there's no such thing as a quadruple bottom." When the trend line hits the floor, the floor gives way. Then the floor turns into the ceiling...
...motion by a disappointing earnings report from Canadian communications firm Nortel, released after the bell Tuesday, the index went vertical at the bell Wednesday and staggered downward until closing time. And the day's big losers - Nortel, JDS Uniphase, Sycamore Networks and Ciena, which all dropped 20 percent or more - had one thing in common. Two words, Ben: Fiber optics...
...April dip was for fools. Were you one of them? If so, you had plenty of company. For most of a decade, investors have enriched themselves by plowing money into the market every time it stumbled. Whatever the downward catalyst, from Yeltsin's coup to the Asian flu, prices routinely rebounded...
...scandal that clung to the White House in the wake of the Lewinsky debacle, producers at NBC were uncertain that the nation would swallow Martin Sheen's squeaky-clean President Barlet. All sorts of polls have shown that the average American's faith in government has slid steadily downward since Watergate. Was it possible that a public so disillusioned with its leaders could accept the portrait of a politician with a magnetic personality, a benevolent heart, and a philosophy of being "for the people" who is neither a stooge nor a swindler...