Word: magical
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Dates: during 1980-1989
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...latest currency upheaval may have had ominous implications for international cooperation but, paradoxically enough, it failed to quell investor confidence in the booming U.S. stock market. Last week the Dow Jones average of 30 industrial stocks continued its spectacular rise past the magic 2000 mark that it attained on Jan. 8. After showing gains every day since the New Year began and reaching record heights each day for the past two weeks, the Dow closed at 2076.63, up more than 3.5% last week...
...port of Fremantle, is a sailing surprise. Through four elimination rounds since October, Stars & Stripes, the entry of the San Diego Yacht Club, had done well, compiling a 31-7 record. But in last week's challenger final between Conner and New Zealand, pundits and punters favored the "Kiwi Magic" because the boat was 37-1 overall, as well as 2-1 in its previous races with Stars & Stripes. Gloomy American fans worried about an all-Pacific final that would keep the Cup -- and the next contest -- in the Antipodes...
...Bright Center magic which has propelled Harvard to a 23-game home unbeaten streak doesn't seem limited to the Crimson icemen; in Boston College's three "home" games at Bright this year, the Eagles are a perfect...
East Coast devotees of New Age thinking tend to favor faster-acting applications. Douglas Hardy, former manager of Star Magic, a space-age gift shop in Manhattan, suggests drinking gem and tonic -- literally, water "on the rocks" -- to get a "crystal hit." The crystal, it seems, sends its vibes through the water, which then charges up the person drinking it. Even more practical advocates suggest placing a cluster of "charged" crystals inside a refrigerator to accelerate cooling and thus reduce the electric bill or -- better yet -- attaching a 3-in. crystal to an auto carburetor to save on gas mileage...
...Wall Street, however, today's victories always make way for tomorrow's doubts. Will passing 2000 propel the Dow to still greater heights? Or will the rise run out of momentum now that the magic goal has been reached? (Students of stock-market history recall all too well that after the Dow passed 1000, it stalled for a decade before it cracked 1100.) And perhaps most important of all, why is the market so high when the economy continues to be so lackluster...