Word: leveler
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Dates: during 1950-1959
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...Department store sales last week were 18% above the level of a year...
...done by an infrared scanner, which watched the line of the horizon ahead and released little spurts of gas to keep the satellite's attitude stable. This complicated operation seems to have worked well. As Discoverer II circled the earth, its directional radio signals kept at a steady level. If Discoverer had not been stabilized properly, they would have fluctuated as the satellite wobbled...
...drop, Tabell predicted an intermediate rise to 250, a rise to 450 by the mid-1950s. In the 1953 recession downturn, Tabell wrote that "this is the last buying opportunity" before a market rise that would "break through the 1929 top of 386 and carry to the 500-600 level by the late 1950s." In 1957 he predicted the market, then around 500, could work down to 430 (it hit 419.79). Later he noted, "The bull market is good for another two years...
...pattern thus established, he determines whether a stock is going to move straight up or down or merely back and fill. In an upward move, he forecasts the "objective," i.e., the price at which the stock should be sold. In a move down, he forecasts the level where it should be bought...
...Price of Alaska. Why is Wall Street intrigued? Hollywood has adjusted to the threat of TV far better than anyone expected. Box-office receipts have dropped some 20% since the high of 1946, but moviemen expect attendance to level off at its present 40 million a week. Though no one knows exactly how many pictures Hollywood will produce this year, the total will probably be about 250, far below the 600 of Hollywood's heyday, but hardly the output of a dying industry. Twentieth Century-Fox says that it is "enjoying the greatest production spurt in 13 years...