Word: stocked
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Dates: during 2000-2009
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...that leads to a big question about the stock market, which had run up more than 30% on the hunch that an economic upturn was imminent but has lately been exhibiting second thoughts, with trading volume sinking and major indexes slipping down through technical support levels, one after another. So investors rightly ask: Is it foolish to be buying stocks now, after the market jumped so high on hopes alone? (See the top 10 scared stock traders...
...good news, at least from one perspective, is that despite the market's run-up and the still soft economy, stocks remain on pretty solid ground. So says Leon Cooperman, who runs Omega Advisors, a New York City hedge fund. Cooperman spent decades guiding the investment-policy committee at Goldman Sachs; he's long been considered a tough-minded, analytical sort with savvy instincts. (Read an interview with 2008's No. 1 stock picker...
...with interest rates remaining low, Cooperman says, the value of stocks is appealing. Indeed, whether measured against Treasury-bond yields or corporate-bond yields, he says, the stock market appears not only fairly valued but perhaps even be relatively cheap. And with the darkest hours of the financial crisis now behind us, so too, Cooperman believes, are the stock-market lows of March, not likely to be seen again anytime soon. "The lows [of this stock-market cycle] are in," he flatly told his audience. He then repeated the line with gusto, as if to jog a crowd still paralyzed...
...Stock-market valuation is an inexact science, and it offers no guarantee that the market will not correct sharply after its big run-up. Indeed, even Cooperman expects the months ahead to be characterized by a trading-range market, with a lot of backing and filling. But in fits and starts, he believes, it will edge higher over the next 12 months. Perhaps it's a mark of these unusual times that such a modestly bullish forecast felt bold; it's another such mark that professional investors are just as skittish about the market as the little...
While all color films have dyes printed directly onto the film stock, Kodachrome's dye isn't added until the development process. "The film itself is basically black and white," says Grant Steinle, vice president of operations at Dwayne's Photo in Parsons, Kans., the only photo-processing center still equipped to develop Kodachrome film. Steinle says that although all dyes will fade over time, if Kodachrome is stored properly it can be good for up to 100 years. The film's archival abilities, coupled with its comparative ease of use, made it the dominant film for both professionals...