Word: pullback
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Dates: during 2000-2009
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...telecom firms are in serious distress. Last week, just one day after celebrating its listing on the New York Stock Exchange, German electronics giant Siemens announced it would not meet its earlier sales and earnings targets. The firm's Infineon Technologies semiconductor unit was a victim of a global pullback in technology spending, which has sent memory chip prices plummeting. Sweden's Ericsson, owned directly or indirectly by half of that country's population, has announced that it will lose as much as $510 million in the first quarter instead of breaking even as expected, in large part because...
...wealth on every jaunty entrepreneur with the gleam of an idea but not a clue about earnings. In the past, the stock market would rarely show its checkbook to a start-up sans profits. And now that Wall Street has been burned, the fear is that the current stock pullback could leave even companies with real potential starved for cash--thereby stifling innovation...
...asking yourself, why didn't I just sell all my darn stocks in August? Indeed, why not do that every year? Fair questions. On average, September is the market's worst month, often resulting in a pullback that spills into October--a month best known for crashes but also often a good time to start buying again. So why not just sell into August rallies and buy into October declines year after year...
...stock to own for more than a decade. Yet it's always been a tricky one to buy. Early on, it was just another speculative tech stock. As the company came to dominate the PC world, its stock rose so swiftly that it seemed perpetually overvalued. Waiting for a pullback was torture. By the time the stock finally dipped, it had already doubled--again. And you were too late--again...
Celebrating the anniversary of the British pullback properly takes the luck of the Irish