Word: driftful
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...market's drifting down has been not so much from selling as from lack of buying; average daily volume last week was 2.8 million shares, very low for a week's decline of 23 points. The market is so thin that a sale of a few hundred shares of some stocks can drive the stocks down several points. The drift has moved many professionals to sit on the sidelines and wait for a selling climax. In market folklore, a heavy trading day with the ticker running late on the down side is just the thing to clean...
...news -word of Massu's dismissal sent European crowds surging into the streets with cries of "De Gaulle to the gallows!" On a sunny Sunday more crowds milled aimlessly along the city's great Boulevard Laferrière. But at noon-when many of them began to drift off for lunch-an ultra spokesman appeared on a balcony to shout, "French Algeria is surely worth a meal!" Late in the afternoon the restless crowd began overturning cars and setting up street barricades...
Many an analyst thought the market might drift down another 15 or 20 points before finding the base for its next rise simply because, said Sam Stedman, partner in Carl M. Loeb, Rhoades & Co., many stocks at their recent highs were overpriced in terms of immediate earnings. To Stedman, the caution was a good sign. "I don't like it when everyone thinks that all the market...
...unlikely region, in Box Elder County north of Great Salt Lake, is boiling with frantic activity. Strange lights glare in the night, making the mountains shine, and a grumbling roar rolls across the desert. By day enormous clouds of steam-white smoke billow up in a few seconds and drift over hills and valleys. Monstrous vehicles with curious burdens lumber along the roads. All these strange goings-on mark the development of the Minuteman, the solid-fuel missile that its proponents confidently expect will ultimately replace the liquid-fuel Atlas as the U.S.'s standard ICBM...
...Tate's world, a politician who uses immoral methods unconsciously acts on the assumption that society is a machine. So do bankers, butchers and bartenders-everyone who exhibits the "secularism of the swarm" and pursues purely materialist goals. This drift away from a moral center can be clearly seen in the totalitarian states, and is spreading through the free world, where "so much of democratic social theory reaches us in the language of 'drive,' 'stimulus' and 'response.' " For these words Tate would substitute, respectively, "end," "choice" and "discrimination," for "it is by means...