Word: hit
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Dates: during 1960-1969
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...brought rock music, but instead of The Ventures he has given us known songs by top rock artists. Attempting no structural integration between sound and image, his musical allusions are literary: Hoyt Axton's "The Pusher" after they make their connection, Steppenwolf's "Born to Be Wild" as they hit the road on their bikes. Billy and Wyatt travel through these pulsating songs the way they do the countryside--the Band, the Byrds, Dylan, Jimi Hendrix et al are employed as a musical landscape, part of the backdrop of the youth subculture, but hardly integral or necessary. Hopper doesn...
...world, he watches his country in motion, hoping it will move into the sunlight where the contrasts are clear. He will never fill up another ashtray, but he still manages to empty a few bottles. "Getting out with my comrades," he says, "and talking revolution, jeez, I'll hit it pretty good." Forever the superpatriot, he once refused to let a bandleader play his favorite tune because "everybody would've had to stand up." Yet beyond the self-parody, beyond the fifth-face-at-Mount-Rushmore pose, there is a heroic essence that Wayne manages to convey. Today, like...
...Hit. The first victims of Washington's assault on inflationary psychology are the 100 million Americans who either own shares or participate in the stock market indirectly through pension funds and mutual funds. For many families, tumbling stock prices have at least temporarily shattered some cherished dreams. Yet the market's unsettled state brings a wry kind of cheer to Washington's inflation fighters. In their rather clinical view, stock prices are much like spinach prices or durable-goods orders: an economic indicator. Because the market mirrors investors' expectations of the performance of U.S. business...
...last week, the Dow-Jones industrial average is 15% below the year's high of 969, which it reached in mid-May. The Standard & Poor index of lower-priced shares is down 35%, and many other stocks have lost 50% or more of their value. The plunge has hit nearly every industry. From their 1969 peaks, shipping stocks are off 46%, airlines and motion pictures 40%, aerospace 39%, sugar companies 38%. Losses are only slightly less among coal, copper, textile, oil and insurance shares. Most of the leading conglomerate corporations have dropped disastrously: Litton is off 43%, Gulf & Western...
Thurmond Shaddix, a bank clerk in Atlanta, bought the stock of a machinery-parts manufacturer, Breeze Corporations, at 20. When the shares hit 37 in May, he asked his broker if he should sell. The broker advised holding for larger gains. The price has since dropped to about 14, giving Shaddix a 30% loss on an investment that once showed an 85% profit. "I'm really burned about that one," says Shaddix, who also has a small loss in some blue chips...