Word: draws
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Dates: during 2000-2000
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...Washington elite began to unravel--the night he addressed the Democratic Convention in Chicago. In his speech, Gore told the story of his sister Nancy Hunger, who started smoking at 13 and died of lung cancer at 46. After describing her ghastly death, he vowed that "until I draw my last breath, I will pour my heart and soul into the cause of protecting our children from the dangers of smoking." The people in the hall that night were moved, and polls showed that the speech hit home with viewers across the country as well. But when word...
...more. With so many companies hiring so many people and paying so many of them in equity, Techtopia has begun to draw, like the gravitational pull of the moon, from government and K Street out to Virginia. "There has been a fundamental psychic shift in favor of entrepreneurship," says businessman Morino, who runs a well-known incubator for start...
Every day Riffage presents a featured artist, offering up downloadable songs from a performer who's usually unsigned or on a tiny, independent label. The acts are chosen by Riffage staff members (they draw from music submitted to the site), and Riffage's users rate the music and post reviews. Last week one of the showcased acts was a San Francisco-based country group called the Court and Spark (a user named Rodco called the band "supercool mood country"). Using a 56K modem, it took a mind-numbing 2 hr. 20 min. to download the band's track Sugar...
Technical analysts are right up there with lawyers, the opposite sex and people from New Jersey when Wall Streeters start cracking wise. Poor souls, no one understands them. Least of all me. Technicians draw lines through stock charts, studying trading volume, new highs and lows and other esoterica to divine whether the market will go up or down. They're right--half the time. (Sorry, I couldn't help myself.) Still, that record makes technical types just as bankable as the more respected fundamental analysts, who study things like earnings and interest rates...
...even technical analysts can't agree exactly on what the Dow chart is saying. But any amateur can see that since the start of the year, virtually every Dow rally has stalled just short of the previous high and sell-offs have abated just short of the previous low. Draw the lines, and you get a sideways triangle, or pennant shape, that reveals schizoid investor psychology. On one hand, investors do not believe the market can sustain a rally--so as stocks near their previous highs, sellers charge in early to beat the crowd. But investors...