Word: bulles
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...birthday party for a five-year-old is usually marked by wild noise, frantic rushing about and manic exuberance. Even so, there have been few such events as boisterous as the one on Wall Street last week. Growing at a pace that once would have seemed impossible, the bull market that was born five years ago last Thursday showed off its muscles by rampaging past one historic high in stock prices after another...
...perhaps the most impressive aspect of last week's commotion was that it was not all that unusual -- not by current standards anyway. There have been many weeks of nearly equal, and a few of even greater, frenzy since the bull was born. What is truly stunning is the cumulative effect of all those bang- bang weeks. At Friday's close the Dow Jones industrials had zoomed up more than 1900 points over five years; prices of the 30 stocks in the average had multiplied roughly 3 1/2 times from...
...increase, to reach total assets of $166.4 billion. But the number of stock funds, now in the hundreds, has mushroomed so fast that selecting one can be almost as tricky as picking individual issues. Even so, it is hard to go wrong in such a strong bull market. During the first half of the year, the average stock fund rose some...
DESCRIPTION: Dow Jones Industrials, January 1986 to July 17, 1987. Color illustration of man riding bull while bear watches...
Riding the bull: investors learn how to play a volatile market. -- An Australian raider closes in on Texaco. -- Probing Delta' s foul...