Word: similars
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Prechter readily admits that he's far from infallible. The standard he says he wants to be held to is similar to that of a hitter in baseball, in which batting .300 makes one a star and .400 an immortal. He has concluded that time is a "quite elastic" variable when it comes to Elliott's waves...
...lack of exposure to crashing global markets means it has barely been singed by the crisis. In fact, the city has benefited. It's received $230 million of Beijing's $585 billion stimulus package, which helped accelerate the construction of a new subway system, highways and other projects. A similar scenario has been playing out in other western China cities like Chengdu and Chongqing. BofA Merrill Lynch Global Research calculates that the GDP of China's western provinces grew 9.3% in the first half of 2009, compared with 6.5% in the east. This trend is likely to continue. "Growth...
...result in losing one's job. Why? Because if these things are constructed poorly, people will get hurt. Since Wall Street is in the business of "engineering" markets in order to make the greatest possible amount of money, why shouldn't they also be licensed and held to similar standards? Mark Revis, Moreno Valley, Calif...
...Foreign investment is migrating to Xi'an for similar reasons. Unlike on the coast, where Hong Kong and Taiwan companies have set up countless export factories, the investments in Xi'an tend to be more domestically focused. In October, Applied Materials, a California-based maker of manufacturing equipment for the semiconductor industry, opened a solar-power research center in Xi'an, part of a $250 million investment in the city. The facility, unique to Applied Materials' global operations, will house solar-cell production lines to devise new ways of bringing down the costs of manufacturing panels. Though the results...
...going to vet each one before it appears. Whether this is just a speed bump for a company that's growing dizzyingly fast or a huge infrastructural problem is unclear. Reports peg Zynga's revenue at $100 million a year, which the company says is low. If you assume similar economies for Zynga as for Playfish, says Atul Bagga, an analyst with Think Equity, "Zynga could be four times bigger on a run-rate basis...