Word: predicters
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Dates: during 1980-1989
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Other sages of the investment community agree. One of Wall Street's hottest gurus, Georgia-based Robert Prechter, has used an arcane branch of analysis known as Elliott Wave Theory to predict that the Dow is on a march that will peak at 3600 by 1988. In December 1985, Yale Hirsch, editor of the newsletter Smart Money, forecast the date of the Dow's 2000 day within roughly a week. Now Hirsch predicts that the index may climb to 2300 within three months and reach 2700 later this year...
...while ALPA's Duffy views Engen as "one of the best administrators we have ever worked with," he disagrees with the FAA boss on a key point. "You don't judge how the system is operating by the number of accidents," Duffy says. "The indicators predict where the accidents are going. When you are having more near mid-airs, well, it's just a matter of time before two planes will slam together, as they did at Cerritos...
Some Reagan Administration officials predict that the contra program will not be irremediably damaged by the current scandal. They observe that there is no movement afoot at present to halt payment of the remaining $40 million in U.S. aid. "I think when this is all over, Congress will still be willing to back the program," Elliott Abrams said earlier this month. "We have a huge national interest in promoting democracy there." Oklahoma Republican Mickey Edwards pressed the point further in a Washington Post op-ed piece. The Congressman exhorted his legislative brethren to remember that they had approved contra...
...Angeles, where Chandler Jarrell (Murphy) is a finder of lost children. He is, according to ancient scrolls, the "Chosen One," destined to rescue the boy. Persuaded by Kee Nang (Charlotte Lewis), a beautiful Tibetan, Jarrell takes on this unusual case. The rest of the plot is easy to predict, but Eddie Murphy is hard to resist...
...more than ten years. Layoffs, shutdowns, production cutbacks and plummeting profits have infected virtually every one of Japan's manufacturing industries. While service businesses, including banks and insurance companies, are flourishing, one in eight major manufacturers reported a loss for the six-month period that ended last September. Economists predict that Japan's gross national product will grow by just 2.3% for the fiscal year ending in March 1987, the lowest level since 1974, when GNP dropped by .4%. Even the promise of lifetime employment, a cornerstone of the country's social structure, is crumbling. Says Toshio Isago, an executive...