Word: lynch
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Dates: during 1990-1999
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...break. Under the small-order system, each marketmaker must trade at the | displayed quote price with no chance to adjust to whatever other firms are doing. The system simply assigns the transaction to the marketmaker with the highest bid or lowest offer at the time. Result: if a Merrill Lynch specialist happens to be away from his desk when a stock starts moving, a savvy bartender could swiftly pinch $250 from his hide for every quarter-point change in price. Without the automated system, Houtkin's clients would have to call brokers and have them place orders with a marketmaker...
...Miller." Jong urges her readers to be "smarter than...two-bit polemists...[to] understand the war between the sexes so that we can end it." But instead of giving an intelligent reading of the "feminist" climate surrounding Henry Miller's reception, she defends Miller against a vaguely defined "feminist" lynch mob. The result is aimless rambling with no real theoretical significance...
...bloated Nikkei average plummeted from nearly 39,000 to less than 15,000 in 2 1/2 years. Then there are recollections of the Great Crash itself, which have become part of America's memory. "People start thinking of the '20s and '30s," says author and retired fund manager Peter Lynch, "and almost everyone seems to have had an Uncle Louie who lost everything and ended up selling pencils...
Experts say the remedy for such roller-coaster rides is to invest for the long term rather than trade frequently in an effort to time market swings. "Stock market declines are normal," says Peter Lynch, who notes that the Fidelity Magellan Fund he managed fell nine times during his 13-year tenure. "Stocks have still averaged an 11% return through depressions and world wars," Lynch adds. "But if you're unable to stand volatility, you should not be in. If you spend more than 14 minutes a year worrying about the market, you've wasted 12 minutes...
...comparison to David Lynch's skewed soap opera is impossible to avoid, so best to get it out of the way quickly. Wild Palms would not exist if Twin Peaks hadn't paved the way. But Wild Palms is a total original -- just as daring as and perhaps even more demanding than Lynch's series. Twin Peaks, for all its weirdness, was at bottom a simple murder mystery: Who killed Laura Palmer? Wild Palms is denser and more disorienting, a paranoid dream play that bombards us with freaky characters and mystifying plot twists, tying them together only hours later...