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...market analysts agree on the significance of today's market signal. "I follow the S&P 500 because that's where the money is," says Phil Roth chief technical analyst at Miller Tabak in New York City. "And there the index is still about 4% above its November low." Even so, Roth believes Thursday's Dow drop and its new low-water mark will make the next few trading days anxious ones. "It's important psychologically," he says, noting that negative sentiment has kept buyers at bay, and today's technically significant drop could make them even more skittish. Days...
...While the outlook may be dim today, the slump won't last forever. "This is the time to be reinvesting money and upgrading the product," Rao says. With Asian economies expected to rebound more quickly than those in the West, the hotel industry in the region is expected to follow. Rao forecasts improvement will begin in the second half of 2009. "The moment there is cause for optimism, I think you'll see the whole thing turning around," says Rao. For a CEO with big plans, recovery can't come quickly enough...
...quite overwrought, and it’s also quite campy, but it’s not nearly as overwrought and campy as that stuff. The novel was considered pernicious; it was a new form, considered debauched, and it played on those conventions. 10.FM: Speaking of debauchery, did you follow 18th-century standards of bawdiness or those of contemporary American novels with this novel? JL: Well the bawdiness is itself utterly 18th-century. In terms of modern convention, it’s probably very discreet. 11. FM: You have a lot of inside jokes and anachronisms. When you include an Edgar...
...however, the Crimson had to claw its way back from a sluggish start.Both teams traded missed opportunities in the game’s opening minutes, and while Harvard got a power-play chance with six minutes left in the first, the team failed to convert, a problem that would follow it for the rest of the evening.“I don’t think we really got it going,” Stone said of the power play. “We draw people to us, and that’s when you need to attack a give...
...pants-less protest generating ill will. To the contrary, Doohovskoy said the protest may spur a “revolution” among houses facing a similar plight. “I think that Eliot is always an inspiration to other houses, who sort of have to follow our lead in a lot of things,” he said, “it’s not their fault. It’s just, you know, we have a great HoCo...and we have great House life.” Although pantsless participants numbered well over 50, many Eliot...