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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...

Author: /time Magazine | Title: Riding the Waves of Irrational Behavior | 11/30/2009 | See Source »

...enough solid demand within China's domestic market to keep Xi'an's growth story alive. Carsten Wiegandt, the German acting general manager of the Kempinski Hotel, located on the city's outskirts, has been surprised by the kind of visitors filling his rooms. After the five-star hotel opened in June 2008, management expected tourists arriving from overseas to see the terra-cotta warriors. When the global recession hit, he feared his business might suffer. Instead he found visitors pouring in from other parts of China, many attending conferences being held by Chinese companies at the hotel. Now, with...

Author: /time Magazine | Title: Can China's Backwaters Save the Global Economy? | 11/30/2009 | See Source »

...million in five. Whereas New Moon's revenue fell 70% from last weekend's neck-swiveling $142.8 million take, The Blind Side's tally increased about 18% in its second weekend. Word of mouth has been great - CinemaScore's poll of exiting moviegoers gave it a gold-star A+ - and Sandra Bullock's recently burnished star quality made this the rare sports movie that appeals to women as much as to men. Combine the grosses for The Blind Side, Bullock's summer comedy hit The Proposal ($164 million) and the throwaway All About Steve ($33.8 million), and the 45-year...

Author: /time Magazine | Title: Box Office: New Moon Takes a Hit on The Blind Side | 11/29/2009 | See Source »

...fighting for conference championships and audiences in a beneficent holiday mood, the mass audience must have figured it was downright Thanksgiving-y to see a real-life uplifter about a crack addict's son who is adopted by a nice white couple and pulls himself up to be a star tackle at Ole Miss. (Sort of Rudy meets Precious.) It doesn't hurt that the movie's subject, Michael Oher, graduated impressively from college to the NFL. As a starting right tackle for the Baltimore Ravens, he is ranked second on ESPN.com's Rookie Watch and is a possible...

Author: /time Magazine | Title: Box Office: New Moon Takes a Hit on The Blind Side | 11/29/2009 | See Source »

...columnist put it - Arroyo is ready to "throw the kitchen sink at a loyal ally." She is widely believed to have benefited in the 2004 presidential election from votes controlled by the Ampatuans, leaving a hefty political debt. Indeed, her main rival Fernando Poe Jr., a hugely popular movie star, reportedly failed to get a single vote in three Maguindanao towns. "At the core of this horrid incident is a flawed election system that depends heavily on local political clans and warlord families to deliver votes on election day," says Pete Troilo, security analyst at risk consultants Pacific Strategies & Assessments...

Author: /time Magazine | Title: Behind the Philippines' Maguindanao Massacre | 11/27/2009 | See Source »

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