Word: bulling
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Dates: during 1940-1949
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...Exit: Bull? If it had, it did not stay long. The industrial averages rose to 193.16 before the baby bull, scared by the Berlin blockade, the threat of war, and a possible squeeze on profits, languished and died. On the election of President Truman the market fell 10.82 points in a week, the worst break since the spring of 1940. At year's end the averages were at 177.30, down slightly from the year's start, and Wall Streeters were more confused than ever on whether the market was bound up or down...
...Enter: Bull. The stock market paid little heed to the fat profits or to any of the other household gods that traders once swore by. Ever since it had collapsed in fear of a recession in 1946, the market had been seesawing, trying to make up its mind whether the boom had really come to stay. Looking at some of the props under the boom-plant expansion, ECA and rearmament orders-investors celebrated the tax cut by finally placing their bets...
...went from 180.28 to 191.06, and the rail averages went from 57.97 to 62.27. Both of them "broke through" their previous high marks, established in 1947. For the large number of investors who swear by the Dow Theory, the "breakthrough" meant that the bear market was finally over, the bull market had arrived...
January. Near Winchester, Ind., a bull gored the auto of Jack Townsend, the county's artificial inseminator...
...Load. The day after Franklin Roosevelt died, Harry Truman, the man who never wanted to be President, confided to reporters: "Did you ever have a bull or a load of hay fall on you? If you have, you know how I felt last night." In 1948, the load was bigger. But Harry Truman was not the abjectly humble man of 1945 who had begged every casual visitor to pray for him. He had the air of a man who felt he had learned his job. In an informal talk, he conceded recently that there were a million...