Word: stocke
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Dates: during 1990-1999
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...YORK: In these bullish days of the mutual-fund-fueled stock market, the Dow's daily behavior is rarely evidence of anything other than herd psychology -- even Tuesday's staggering slide of almost 300 points. But this time, take notice: It's Wall Street's way of saying that a recession may be on the way. "Recessions are hard to spot -- you don't know you're in one until it's half over," says TIME Wall Street columnist Daniel Kadlec. "But the market usually sees it first and declines ahead...
...points from its record high of 9,337.97 on July 17. And although the indicator is still up 8.4 percent on the year, that figure was once 18 percent. Is the boom of the Clinton years finally over? Kadlec says that with so many people with money in the stock market, recession worries could be self-fulfilling. "The effects of Asia are hitting U.S. companies hard, but consumers at home are still spending," he says. "But if the stock market stays gloomy, people are going to stop feeling wealthy." And that will be when the economy dries up. So keep...
Second, remember that all online companies are not equal. Faux Internet companies--those that have just added com to their name to pump up the stock--are doomed to Home Shopping status within a year. They include Cybershop, Ktel and Marketguide. But the real Internet companies, like AOL and Yahoo, offer something different. They can sell ads for luxury cars and discount brokers that will reach well-off people, at work and at home, much more efficiently than either TV or off-line, dead-tree media. Wall Street understands that the best Net stocks are bargains, based on projected...
...deny their patients proper care." HMOs mostly do exactly what they are contracted to do. If people want more, they should supplement the coverage with their own money or go somewhere else. That's the American way. And if HMOs are making such obscene profits, let's go buy stock in 'em. CHARLES H. LOWRY Garden Grove, Calif...
More investors, especially among the elderly, are getting suckered into scams, losing money on shady penny-stock schemes, foreign-currency deals and even ostrich farms, the North American Securities Administrators Association said last week. To protect yourself, steer clear of high-pressure telemarketing pitches, or at least check out the firm with state regulators, whose names and numbers are available...