Word: dow
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Dates: during 1970-1979
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...market as a whole will rise or fall. To put it mildly, neither always succeeds. But Edson Beers Gould, at 74 the dean of market analysts, has been right often and spectacularly enough to be a market force in his own right. Two weeks ago, just after the Dow Jones industrial average rose smartly to 1,009, rumors began circulating that Gould was about to forecast a short-term decline of perhaps 100 points. The Dow promptly fell 33 points in the next three days, its biggest sell-off of the year; last week it rebounded twelve points. The earlier...
...stock market last week put on a maddeningly teasing performance: the Dow Jones industrial average cracked the 1,000 mark not once but five times, and each time it fell back. On Thursday the 30-stock index even managed to close at 1,003.31, its first close above 1,000 in more than three years. But on Friday profit taking in U.S. Steel and Bethlehem and worries about a possible rise in interest rates beat the Dow down...
Some analysts nonetheless believe the Dow will speedily go on to break its all-time high of 1,051.70, perhaps in the next few weeks. Says Robert H. Stovall, vice president of Reynolds Securities: "The next 50 points will be easy." He and others think the fact that the Dow has closed above 1,000 even once will topple the "psychological barrier" in investors' minds, and publicity about the event will lure many small individual buyers. On the other hand, many investors have picked 1,000 as an arbitrary point at which to sell and cash in their gains...
English E is billed as an "advanced" course in the Courses of Instruction catalog, and most students who choose to take it bring some sort of background in the language to the course. While Dow notes that no specific proficiency level is required to take the course, she adds that English E "is not a basic, intensive language course...
...While Dow reports no drop in the number of enrolled students since the policy change, the attractiveness of English E has diminished somewhat in the eyes of some students. "It is a foolish policy," says Benjamin Geva, a second-year law student who had to cough up the $240. "Students should be encouraged to take this course, but for many people, the cross-registration fee can be the straw that breaks the back of the camel," he adds...