Word: chips
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...investments that shareholders own jointly, some bushels contain more perishable ingredients than others. Hardest hit were people who gambled on high-growth funds made up of over-the-counter stocks in small companies. As the market shuddered, many investors quickly dumped such risky stocks and bought into blue-chip issues. Result: even when Wall Street tried to rally, the small stocks were left far behind. The worst performers among the high-growth funds included 44 Wall Street Equity, which has lost more than half its value since Oct. 15, and Security Omni and Leverage Fund, which each lost at least...
...normally like to send a lot of long balls and chip in behind the fullbacks," Crimson goaltender Chad Reilly said, "but with this wind...
...gloom, sinking 156.83 points on Monday to record the second biggest point drop in history. The next day brought the beginning of the rally, for no apparent reason except that investors still had cash to invest after selling so furiously in previous sessions, and began to see blue-chip bargains among the battered stocks. The Dow rose 52.56 on Tuesday, .33 on Wednesday, a robust 91.51 on Thursday and 55.20 on Friday. Even the over-the-counter market, which was more devastated in the fall than the New York exchange, showed signs of life on Friday, rising...
Bush Enterprises. This blue-chip White House subsidiary plunged in heavy trading, owing to qualms about Reaganomics and the quality of hands-on management at the parent company...
Traders said they were encouraged by the market's showing on Tuesday and Wednesday, in which the Dow Jones blue-chip index rose nearly 53 points. Investors have been slowly moving back into the market picking up stocks considered greatly undervalued, they said...