Word: teche
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...final event of the men's fall tennis season, Harvard is showing its strength at the ongoing ITA Region I Championships at Virginia Tech...
...race is decided in the I-4 corridor between Orlando and Tampa Bay, where people are less inclined toward blind faith in their own party. It's an area full of transplanted boomers from the North and young families drawn to relatively affordable housing and good jobs in high-tech fields, health care and financial services...
...Suddenly everybody's a tech-stock bargain hunter as investors decided Tuesday they'd had enough of the blues and bought the NASDAQ up 177 points by the close. Cisco cleared its personal floor of $50 again, Oracle hit $34, and dot-commers Expedia and eToys got a few bonus points for losing less money than everybody expected. Is this the floor of floors...
...Would you settle for "possibly"? Last week traders were buzzing that "there's no such thing as a quadruple bottom," meaning that three times - in late May, mid-October and late last week - the tech index has flirted with 3,000 and jerked back from the brink. Add to that the end of October - traditionally the month of earnings news, tax-loss selling by mutual funds and bottoms (not a coincidence) - a Dow afire for three straight sessions and an election about to conclude, and we've got indications that the 3,000 milestone may belong in NASDAQ's rearview...
...word is "capitulation." The bloodbath of bloodbaths, in which investors tear their hair out and run shrieking from the room. Traders insist that while there has been tech overselling this month - overselling that was drawing buyers Tuesday - it just doesn't feel like it's run its course. Not to mention that every one of NASDAQ's 5 percent days has been met with selling soon after...