Word: traded
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...want to get a small fraction of their investments back sometime in the next decade this sort of academic argument may be didactic, but it has no practical use. What is likely to happen to the market is that it will fall another 15% or 20% and then trade sideways, perhaps for several years. That is what happened from 1965 to 1981.There were peaks and troughs during that stretch and clearly traders made money on those. But, it was a particularly poor period for long-term investors who wanted to buy and hold. (See pictures of the top ten scared...
...that Harvard could soon resemble Renaissance Florence. The key, he said, would be development of the life sciences. But an unprecedented financial downturn has forced the University to reexamine its ambitious plans in recent months. Far-flung optimism has given way to greater fiscal pragmatism, and that has meant trade-offs, even in the life sciences. “When life sciences research at Harvard was expanding, and money was plentiful, one could say that Harvard could have it all—vibrant basic research and targeted initiatives that might capitalize on specific new opportunities,” said...
...Junior vs. freshman, Mullery vs. Wright. That's the show right now, as they trade layups. Harvard...
...such, he may be a better fit as Foreign Minister as Raúl tries to engage the Obama Administration - and vice versa. The younger Castro has expressed a desire for improved ties with the U.S. and is seeking an end to Washington's 47-year-old trade embargo against communist Cuba. (See how salsa struggles to survive in Cuba...
...there are no points of contention. Vice President Joe Biden told a security conference in Munich last month that although Washington was ready to listen, it expected more from Europe in return. When it comes to Afghanistan, European nations are still dragging their feet on troops. And on trade, Obama narrowly avoided an early confrontation with the E.U. when he changed the language of the "buy American" clause in the financial stimulus bill just days before the congressional vote...