Word: edson
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Dates: during 1970-1979
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...pervasive was the new optimism that brokers were talking of 100-million-share days if and when the little guy joins the buying rush. Trading was still dominated last week by institutions such as pension funds, mutual funds and insurance companies. Edson B. Gould, 76, an analyst with Anametrics Inc., who has an awesome reputation for calling stock market turns since 1924, predicts a return to the magic 1000 mark on the Dow by early fall...
...often seemed. Says Frank Borman, the former astronaut who now heads Eastern Air Lines: "He is casting suspicion on business in general, and that is unfortunate. He doesn't have a very good idea of what 90% of the businessmen in this country are like." Adds Edson Spencer, president of Honeywell Inc., the computer maker: "The way he said it makes you think there is some instability there. You think, 'If that is the emotional way he feels about the oil companies, it might be me next...
...infuriated Ephmen came storming back within minutes, and a long hard shot by Williams's Edson Hartman at 43:35 made it 2-1 in the half...
...Corporation, believes the Dow could hit 1100 in the first six months of next year, surpassing its alltime, January 1973 high of 1051.70. About midyear, Gordon predicts, the Dow will slide back to 1025 or so before moving up again to close 1977 somewhere between 1100 and 1150. Analyst Edson Gould of Anametrics, Inc. who has gained a reputation for accurately calling market turns (TIME, Apr. 26), is even more sanguine. He believes that by September the Dow could go as high...
...Wall Street's division of labor, stock analysts try to forecast earnings of individual companies and pick those that might make good investments, while market analysts attempt to predict whether the 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...