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Legs

• Refers to a security or a market which has the capacity to continue an underlying trend.

 
 Embedded terms in definition
 Market
Security
Trend
Underlying
 
 Referenced Terms
 Bane: In the words of Warren Buffet, Bill Bane Sr., is, a great American and one of the last real traders around. I like to call him 'Salvo.' His wife, Carol, is a huge NASCAR fan, and in her own words delights in pulling the Legs off central bankers. Cooper Bane, son number two, is a thriving artiste who specializes in making art that is much better than the stuff most folks are doing. Jackson, son number three, is a world renowned master chef and plans on opening a restaurant. Bill Bane Jr., son number one, plans on giving Mr. Monroe Trout a run for his money. [Bill Bane, Jr. helped Professor Harvey put the hypertextual glossary together while an MBA student at Duke University.]

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Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

Being busy does not always mean real work. The object of all work is production or accomplishment and to either of these ends there must be forethought, system, planning, intelligence, and honest purpose, as well as perspiration. Seeming to do is not doing. Thomas Alva Edison

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