Word: holdes
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What, you have a brilliant plan to just buy and hold oil? Don't count on it. The bigger players know what you're thinking, and they'll drive the price temporarily down so you are forced to sell at a lower price - or risk losing more than you can afford. As the price falls, and all of the other "smart" traders around you are forced to unwind their long positions and sell oil, the price will fall even faster against you. Why would the big boys do this to you? Well, any money lost by one trader must...
...hold my nose and stop those firms from failing.' BEN BERNANKE, U.S. Federal Reserve chairman, citing fears of a "second Great Depression" to explain why he used taxpayer money to bail out firms like AIG last fall...
Amateurs do the things they want to do in the ways they want to do them. They don't worry too much about breaking rules and aren't paralyzed by a fear of imperfection or even failure. Active citizenship is all about tapping into one's amateur spirit. "But hold on," you say. "I will never understand credit-default swaps or know how to determine the correct leverage ratio for banks." Me neither, and I don't want to depend on an amateur physician telling me how to manage my health. But we can trust our reality-based hunches about...
...Claims to hold a second-degree black belt in Tae Kwon...
...strong Senate approval ratings even in Illinois' rural, white, culturally conservative regions. "If I'm in a big industrial state with 12% African-American population and people seem to not be concerned about my race and much more concerned with my performance, why would [that not hold true] across the country?" (Read "The Screwups of Campaign...