Word: maclin
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...Wall Street commentator was warning investors to beware the averages this year; playing them would not pay. Blue-chip prices are now so high that the Dow-Jones 30 industrials yield only 4.55% v. a yield of 4.29% for 40 bonds. Said Paine, Webber's topflight Analyst Luttrell Maclin: "The Dow-Jones is a mathematical monstrosity. It's the weakest kind of a crutch for the investor...
...Tompane, a leading U.S. Steel stock specialist: "Money has been tight all summer. People haven't got excess funds. The bull market is leveling off, but we're not in a bear market, and the economy is as sound as ever." To Paine, Webber's Luttrell Maclin. the "election of the Democrats would not be catastrophic, or even necessarily bearish." His explanation of the slide: "The market was just too high. General Motors and Du Pont, for instance, reached their high a year ago, and they've been going down ever since." Walston...