Word: bulled
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Dates: during 1950-1959
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...Wild Look? Traditionally, the bull gets a wild light in his eye when the public comes in-the thousands of eager buyers who think that the market is something like a horse race and that it's no trick to pick the winner. The public last week was not yet in the market, but it was beginning to take an increasing interest in the form sheet. Around the nation, brokers' offices were filling up with excited newcomers wanting to know what was being bought by the mysterious and nebulous group of big speculators known as "they," so that...
Premature Burial. The entire bull market had grown with the help of the same kind of hindsight. Born early in 1948, it was knocked to its knees by fears of war, the Truman election, the business recession and dozens of other minor frights. By June 1949, when the Dow-Jones industrial average had skidded from 193.16 to 161.60, some market experts officially hung a crepe on the bull. But others insisted that stocks were dirt cheap. Enough investors took their advice to start the market moving upward, even though industrial production was still going down...
...history, without once suffering a major break. Some diehard bears still quibbled that the market was not actually as high as the Dow-Jones indexes* indicated, because many stocks not on the indexes had not broken their 1946 highs. But to many analysts this only meant that the bull market was still in its first phase...
...question is: How long will the bull market last and how much higher will it go? No one knows for sure, but Wall Street, as usual, is full of opinions. Those who think it will go higher have plenty of solid arguments on their side...
...boom and optimism, the U.S. was also getting a strong puff of inflation. Last week the prices of tires, aluminum, food and a long list of other items rose. While the price rises were poisonous to consumers and many a businessman, they were so much more food to the bull market; many investors firmly believe stocks a fine hedge against inflation...