Word: hocks
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Dates: during 2000-2009
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...found a tract of land for sale and were dead certain it would be worth 10 times the price to a developer, you'd sell or hock everything you own to buy it. Right? Well, that's the way investors around the globe are behaving with NASDAQ stocks. A massive liquidation of nontech assets is under way as people reach for the means to buy more Cisco, 3com and Apple. It's an incredible display of pack investing that begs the question, Is NASDAQ bulletproof...