At these opening prices I would say it could be tricky to initiate new longs.
Even companies with a lot of enthusiasm, particularly in the social media tech sphere, have postponed IPOs while volatile equities markets have shut them out of the opening prices they want.
Falling prices may discourage people from opening their wallets, but rock-bottom prices also encourage spending.
The momentum from this extravaganza of an opening probably helped sell tickets at ordinary prices afterward.
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Nomura speculates that consumers are opening up as strong gains in gas prices ease.
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The summit's opening day addresses poverty and higher food prices in Africa, with seven African national leaders invited.
As Germany has slowly but steadily followed the U.S., Britain and other countries in opening up its power markets to competition, prices have begun to fall.
Edmiston told CNN that as the global recession increasingly impacts the super-yacht market, prices are being driven down and opening the market to new, potential buyers.
Last month's figures weren't the runaway disaster many had feared, but that only shows how rough things have become, as the U.S. economy deals with the twin problems of inflation and a slowdown. (See: "CPI Shows Inflation Is Still Chugging") In particular, energy prices have spiked by 15.9% over the past year, and food prices have gone up an eye-opening 5.1%.
In other countries, especially those that relied heavily on real estate, home prices collapsed, and tax revenues declined, opening up the budget gap.
Strapping on its surgical gloves, the Federal Reserve offered Wall Street a new way of opening markets, causing a sharp jump equities and bond prices.
But the drug will lose its patent protection in 2002, opening the market to copycat generic drugs sold at far lower prices.
Similarly, secondary prices in other markets were reportedly higher than normally for opening home games.
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This statement includes opening and closing balances, all positions, all transactions, closing share prices and all fees paid from the account.
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The recent opening of international direct-dial phone services has shown how breaking a monopoly can pull prices down dramatically.
But the strength of the won has forced it to raise prices, and Chung Mong-koo's legal troubles have delayed the opening of new plants in America and Europe.
The rough patch started with Monday's opening bell, as a downbeat weekend reading on Chinese economic growth and the largest slide in gold prices in 30 years sent the Dow to its biggest one-day drop of the year.
Yergin's prediction of cheaper oil prices is noteworthy because he doesn't dispute any of the alarming facts cited in my opening paragraph.
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