Word: bulling
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Dates: during 1980-1989
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...stories they tell have the ring of male bull session. One man wearing blue work clothes tells how he tried to pick up a beautiful woman at a bar. "I went up to her and I said, 'Honey, name your price, I'll do anything but I have got to be with,'" he recounted. "So she turns to me and says, 'I go with women." Well that just floored me, I go with women, I couldn't believe it," he told the assembled coffee drinkers. "She just said, 'I go with women,' right there in that...
...Says he: "Our culture has put such value on tax breaks that even the savviest investors wonder whether they should dump their best-performing stocks." Wall Streeters hope that any widespread selling urge on the part of small investors will be offset by the lure of a potentially bigger bull market ahead. In fact, some advisers are telling investors to sell their stocks to get the capital-gains deduc- tion and then buy the shares back again...
...Some people are happy about the building because they think that having Harvard faculty will increase the property value," said nearby resident Arshad Kahn. "But many are against it. Harvard is a bull-elephant and they just come into the area and take up everything...
Less than a week before, the four-year-old bull market had hit a new Dow peak of 1919.71. But that made stocks increasingly vulnerable to a long- dreaded deep "correction." Once the slide started last Thursday, it picked up incredible speed because of so-called program trading -- computer- triggered waves of selling. By 11 a.m., the Dow had sunk almost 30 points. "It was remarkable," said Marvin Breen, a trader for Merrill Lynch. "I looked up at the screen, and it was down 20 points. Five minutes later it was down 30. Five minutes later it was down...
Investors tried to put the bloodbath in perspective. While severe, it still left the Dow 212 points above what it was at the start of 1986 and a remarkable 1000 points above its level in August 1982, when the bull market started. Quantitatively, it was the largest falloff ever, but the 4.6% drop in share values on Thursday was nowhere near the chilling 12.8% plunge of the Great Crash...