Word: bullishness
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...Would you care for my autograph?' She fixed a frozen eye on me, then raised the book so as to obscure me. I have often wondered about her behavior." Dame Edith chimed in coolly: "I have often mused that the lady suspected you, Osbert, of having nefarious motives." Bullish Tenor Mario Lanza, who recently played a real-life role (on the Chrysler Corp.-sponsored Shower of Stars, CBS-TV) as a singer so weakened by dieting that his recorded voice had to be dubbed in for his own (TIME, Oct. 11), landed a rather controversial movie role...
Bulls & Bears. No one in Wall Street last week thought that the stock market had become a one-way street. But for the moment, at least, the bulls were roaring. One bullish factor, paradoxically, was supplied by the bears. It was the near record short-interest figure of 3,100,000 shares (the number of shares sold short in anticipation of a market dip). Though much of this represented investors protecting long-term gains, any decline was bound to be cushioned by the shorts buying to cover their sales...
While hedging his bets with diversification, Sir Eric is still bullish on newsprint. In this generation, says he, "three great areas will open up-South America, India and Southeast Asia and China." In Britain itself, where newsprint is still rationed, Sir Eric thinks that demand would soar from 800,000 tons to 2,500,000 tons a year if the papers were to expand to their prewar size. And he is so enthusiastic about U.S. prospects that last week he announced a third paper machine will be added to the Calhoun plant, making it the biggest newsprint mill...
Market Up. With all the bullish news, it was small wonder that the stock market continued its spectacular advance. Last week, following such blue chips as General Motors (up $4 to $89 a share) and Standard Oil of Indiana (up $12 to $95), the Dow-Jones industrial average climbed six points, for a fortnight's gain of 13. At 316.67, it was only 20 points below the alltime high of 381.17 in September...
...children, bought a string of outdoor movie theaters, and a resort hotel in La Jolla, Calif. With Robert R. Young in 1951, he bought control of Seattle's American Mail Line, because government subsidies made it look good. Says he: "I'm always a little bit bullish...