Word: bearishness
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Dates: during 1920-1929
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...Cutten interests, represented in Manhattan by Nephew R. E. Cutten, trader for E. F. Hutton & Co. The new company, brokers heard, will not bear Sinclair's oilscandalous name. ¶ Stubborn bears drew little comfort from last week's market. They could only pin hopes on bearish theory...
John Jacob Raskob has been both bull and bear. His most bearish moment was on the eve of the bankers' convention (TIME, Oct. 15), when he observed that "security prices have far outrun demonstrated values." His most bullish moment was on the eve of his sailing for Europe last March, when he predicted new records for General Motors, observing that the stock should sell at 15 times its earnings, or $225 a share...
...corner where the game was in progress. Last week, the small operators, "piker traders," sidled back to the corner of Broad and Wall streets, Manhattan, to see if the absorbing Stock Exchange was once more safe for speculation. They watched, guessed, dabbled. The market was quiet, neither bullish nor bearish. Puzzled, the traders waited for more convincing results of the new 5% rediscount rate, wondered if the battle of the bulls and bankers were in progress, already ended, or just beginning...
...182.Of Tientsin's former militarist masters the last to evacuate was blunt, bearish Marshal Chang* Tsung-chang, notorious during the present Civil War for his ruthless cruelty (TIME, March 7, 1927). As Chang's armored train pulled out for Manchuria, he growled to correspondents: "I won't answer questions! How should I know how many men I've got left, or how much money I've got left, or how many wives I've got left...
Furious was the rate of trading all last week on the New York Stock Exchange. Many a trader had been bearish, gambling on the probabilities that prices would fall. Of this, shrewd men laden with money were fully aware. They bought stocks and in such quantities that the bears could not supply. Shares of the Radio Corporation of America were particularly and peculiarly in demand. One Michael J. Meehan, Manhattan broker, bought and sold them for Arthur W. Cutten of Chicago and the Fisher brothers of Detroit, who managed a sort of corner in R.C.A. stock. Its price, consequently, rose...