Word: peakes
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...fall 1000 points by lunch and another 800 points in the afternoon. Get real! An 1,800-point decline today would be the same 23% drop that occurred on Oct. 19, 1987. And that plunge took place after the Dow had already fallen 17% from its speculative peak three months earlier, which was 10 years ago this month. An exact recurrence would put the Dow at 5200 by mid-October...
...ability to take all calls and get all trades done is paramount. It helps avoid panic, which leads to irrational selling and a stock-market death spin. Says William Johnston, president of the N.Y.S.E.: "We see ourselves as a utility. Our job is to supply enough power at peak times to keep every light burning." Hence the Big Board's vast trading capacity, built at a cost of $1 billion since...
...land and held onto it made money," says Fish Powell, especially after Highway 50 connected the Eastern Shore to the restless mainland. Now the price of a lot is in the high five figures, as the town's permanent population of 6,000 swells to 300,000 at the peak of the summer. So lately the conversation is all about handling growth, about seasonal workers and traffic flow and the "shadow laws" that prevent builders from stacking high-rises so densely that they darken the shoreline. The resort town agreed to designate Coca-Cola the official drink at its festivals...
...other side, six of her friends back her account. According to a TIME/CNN poll at the beginning of the year, 37% of the respondents believed Bill Clinton, 29% Paula Jones and 34% were not sure, which is unlikely to change. We've been building to this sexual peak for decades, through scandals concerning bold-type names from stage, screen and sports, Congressmen, Senators and presidential candidates. And now, live from the capital, it's the President. As the ultimate celebrity trial goes forward, there's little hope of truth and every chance we'll all be diminished. As for nuclear...
...poor, vulnerable and ill citizens? Why must we be concerned that what we are taking away from elderly and disabled legal immigrants may cause homelessness and starvation? And why is Congress considering cutting the taxes of the rich at the expense of the middle class? If these were really peak times, generosity would at least be at average levels. WILLIAM M. STEIN Arlington, Mass...