Word: bullishness
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Lehman had also wearied of Garzarelli's independence. The star analyst insisted on working out of her Greenwich Village apartment, and issued bullish forecasts that clashed with the more bearish opinions of Katherine Hensel, the firm's chief market strategist. Garzarelli overestimated the strength of this year's market rally, for example, predicting that the Dow Jones average would hit 4600 by the end of 1994. The indicator has failed...
...whole series revels in misanthropy; it parades the bullish stupidity of your average teenager, your average parent, your average everybody. The only things these movies romanticize are cars, cigarettes (each character smokes about three packs a minute) and the cliches of old teen pix. "Rumble at the playground tonight!" The young actors, children of the children of the '50s, might be speaking Old English, but they give the words an authentic spin. They know that the '50s was the cauldron in which the modern language of rebellion was forged...
When Rogers finds such a hospitable environment, he gets very excited, parks his bike at the local exchange and buys a selection of stocks on the spot. These days Rogers is bullish on the darnedest places: Peru, Angola, Cameroon, and especially Botswana -- all seven of that country's stocks. Botswana has a stable currency, prosperous mines, rich natural resources, a 10% growth rate and no tribal conflicts to speak of, and the stock exchange is one desk in a banker's office. He likes New Zealand, which has cheap stocks and is starting to emerge from 10 years of depression...
...next day, he was vacationing at an unknown location somewhere outside Moscow. Left behind at the Liberal Democrats' headquarters were several dozen staff members -- mostly bullish young men not unlike the 10 "soldiers" whom Zhirinovsky, clad in fatigues, had sent off from the Moscow airport last January to "fight American imperialism" in Iraq. Two floors below, a store called the Rock Shop hawked copies of his newspapers (Zhirinovsky's Falcon and Zhirinovsky's Truth), as well as cassettes by heavy-metal groups like Anthrax and Pestilence. Visitors could also purchase copies of his autobiography, Last Thrust to the South...
According to last week's standings, Jack Morris's $5.5 million arm is bringing in the worst Earned Run Average in the American league for the Toronto Blue Jays. Even in Baseball, this "Price/earnings" ratio doesn't check out. Was his stock inflated by bullish bidders...