Word: chart
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Dates: during 1960-1969
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...first started, nobody listened," says Kenneth Ward, senior vice president of Hay den, Stone & Co., a Manhattan-based brokerage house. That was 37 years ago, when Ward was one of a hardy but much heckled band of analysts who presumed to forecast stock prices merely by reading lines on charts. Ward can hardly complain of the following that has since been won by Wall Street's chart-oriented technicians. Practically every house and mutual fund has one or more chartists in its research department, and thou sands of individual subscribers pay any where from $150 to $500 a year...
...charts first appeared more than 80 years ago, when investors found that they could often trace - and turn a profit from - the operations of stock-market manipulators by keeping running graphs on the price and volume of trad ing in individual stocks. Today's chart ists have created considerable bafflegab, but they have also devised some simple patterns by which to follow the swings of the smart money (see chart) and watch for new patterns. Among the com mon signs of change...
...such as the informal circle of mathematicians or movie-makers. The groups have undefined boundaries. The CRIMSON is close to the Loeb and far from the football team. It was closer to SDS last year than it is now. The concept of outside is dynamic. Its flow is the chart of a Harvard education...
...more than a year, pilots of commercial flights serving the southeastern U.S. have carried in their chart bags an approach map for Havana's Jose Marti International Airport, showing electronic navigation aids and the course for an instrument landing approach. The Federal Aviation Agency's Miami Traffic Control Center notifies Havana of the skyjacking. An official of the Swiss embassy in Washington-which handles U.S. diplomatic contacts with Fidel Castro's Cuba-fills in the blanks on a prepared form asking the Cubans for prompt release of the aircraft and its passengers. U.S. air carriers in Miami...
What were the top hit LPs of 1968? Billboard magazine this week prints a chart of the 100 albums that dominated its bestseller lists during the year, as measured by rank and staying power. Predictably, there are no classical - and few jazz - releases among them. It was a year for pop albums, especially for those by the Beatles (of course) and by Simon & Garfunkel. Both had two releases in the magazine...