Word: returns
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...What defines a sucker rally is simply a matter of perspective, and, more importantly, when investors buy and sell. Someone with the fortitude or foresight to buy Citigroup (C) earlier this month at $1 would have had a return of two-and-a-half times in a matter of days. It is pointless to figure out what that would be on an annualized basis. Citi is not going to $5,000 in the next year, so doing the math doesn't matter. (See pictures of TIME's Wall Street covers...
...well timed investment in GE (GE) could be worth a 71% return, also in less than a month. Sirius (SIRI) is up 7x from its low of $.05 which was set only a month ago. Even Apple (AAPL) has moved up 27% in a very short period of time. There really is not any such thing as a sucker rally. There are only suckers. In the long bull market that stretched over nearly four years, many investors who made five or six times their initial investment did not cash out in 2007. Some did not take even a small part...
...last two weeks of explosive movement in the market will not continue. The market may have made a turn, and it may trade much higher in a year than it does now. But, a 10% return every two weeks is less probable than the Republic of Madagascar putting a man on the moon during the next decade...
...about a quarter-century later, University President Lawrence H. Summers decided it was time to evaluate the curriculum again. As specialized courses infiltrated the Core Curriculum, the program became more difficult to define. The Faculty then decided to return to the interdisciplinary study that the first Gen Ed program espoused...
...name, and lived a leisurely life of lies and deception in Minnesota, while the children of Myrna Opsahl were forced to grow up without a mother." -Jeff Denham, a California state senator, in a letter to Arnold Schwarzenegger, California's governor, that requested Olson not be permitted to return to her adopted state for parole. (AP, March...