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...forecasting business for himself at what he dubbed the Elliott Wave Institute. In 1981 he moved his operation to Gainesville, Ga., an hour north of Atlanta, and he's been there ever since. His accurate forecasts of a stock-market boom in the 1980s and a crash in the autumn of 1987 made him, for a time, one of the most influential Wall Street gurus. After the market started its 1990s bull run, though, Prechter seemed to lose his touch. In 1995 his book At the Crest of the Tidal Wave predicted the onset of a "great bear market...

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

Worst were the empty playgrounds, bathed in the sunshine of that Technicolor autumn. The parks and schoolyards should have been full of children, noisy with glee, burdened by nothing more troubling than skinned knees. Instead, their silence radiated fear. That was Washington in October 2002, when a person or persons unknown sowed three weeks of terror through random sniper fire. People were killed cutting grass, pumping gas, going shopping, walking to school. Death itself, with hood and scythe, could not have been more random, more remorseless, more unnerving. Or more pointless. When at last the snipers--John Allen Muhammad...

Author: /time Magazine | Title: The Moment | 11/23/2009 | See Source »

...Moon madness began with a thunderclap: it earned $26.2 million just in its midnight-Thursday shows. This was another new record, and it exceeded the entire weekend gross of five of the No. 1 pictures of autumn: Tyler Perry's I Can Do Bad All By Myself, Cloudy With a Chance of Meatballs (in its second frame in the top slot), Michael Jackson's This Is It, Paranormal Activity and the horror comedy Zombieland. That last stat should end, for now, the question of whether zombies are the new vampires. These days, with Wolverine hogging DVD shelves and Jason...

Author: /time Magazine | Title: Twilight Sequel New Moon Sets Records at the Box Office | 11/22/2009 | See Source »

...Sarkozy, whose nose for the political winds is legendary, was once known as Sarko the American when more and more French were looking across the Atlantic to the flexible approach to work and dynamic business environment. But the French President reacted quickly last autumn to the Wall Street implosion by taking the lead in offering an alternative model to the U.S.'s. "The idea of the absolute power of the markets that should not be constrained by any rule, by any political intervention, was a mad idea," he declared in a widely cited speech last September in Toulon...

Author: /time Magazine | Title: Europeans Sour on American-Style Capitalism | 11/17/2009 | See Source »

...plucked from an early Robert Johnson recording. Featuring a singing saw—an instrument whose existence is easy to forget, but whose presence is impossible to ignore—the song feels like a slow drive down a pitch-black southern road in the heart of autumn. It’s hauntingly beautiful and the traditional sounds it employs are not often heard in modern music...

Author: By Benjamin Naddaff-Hafrey, CONTRIBUTING WRITER | Title: Molina & Johnson | 11/6/2009 | See Source »

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