Weekender took the past two weekends off and spent a week in the London office of
, learning how to spell "criticise" and "flavour" properly. But we couldn't escape the Wall Street mentality. On the plane, a group of handsome young men gabbed about JDS Uniphase (JDSU) . In the pubs, talk of the new equity culture buzzed around us. And in the basement of the British Museum, we stood next to an American calling his broker to trade as soon as the U.S. markets opened. Sure, the Rosetta Stone is great, but how often can you take advantage of a pop in Qwest (Q) ? Join a refreshed and rested
Weekender with another Idiot Box answer plus an index of past questions. We'll be expanding and adding to that every week. Humorist Eugene Finerman rejoins us with The Magna Chartist, an article that dares to ask, How can Michelangelo help us trade better? Plus, the personal finance focus on Saturday continues. Cheers.
The market had more mood swings this week than
Valley of the Dolls
Procter & Gamble
saw the Tide turn Tuesday when it announced an earnings shortfall. As a result, the
went down the drain.
Many analysts could have hung their heads in shame for having missed the warning signs, as the Dow experienced its fourth-worst point drop ever.
went in the other direction, hitting one of those artificial milestones that seem
terrifically important until, well, they don't. Large-cap names in general and semiconductor and Internet issues in particular pumped the Nasdaq on Thursday. It spilled over and closed at 5046.86, up 3.05%. The Dow tagged along and finished up 154.20 points to close at 10,010.73, goosed by
As these things often do, the Hewlett-Packard affair turned sour on
Friday, when the stock lost 3.3% of Thursday's advance and both the Dow and the Nasdaq struggled with blue moods. The Dow ended down 81.91, at 9928.82; the Nasdaq finished up 1.78 at 5048.64.
Monday it starts all over again.
Kayte VanScoy, special to
, contributed to this article.