Word: oversold
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Dates: during 1970-1979
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...produced any new treatments for mental disease. In fact, the only early result expected from the research is agreement of existing antipsychotic and antidepressant drugs to eliminate side effects. Ross Baldessarini, a psychiatrist and biochemist at the Mailman Research Center, warns that chemical cures can easily be oversold, like psychoanalysis and community psychiatry. Says he: "We are not going to find the causes and cures of mental illness in the foreseeable future...
...dollar crisis and rising interest rates on the stock market has been devastating. The Dow Jones industrial average lost 55 points in the first seven days of trading this year; last week it closed at a 33-month low of 775.73. Many Wall Streeters believe the market is now oversold and some rebound in stock prices can be expected. But if the market is to recover over the long run, the Administration must find a way to restore investor confidence. Warns Mark Collins, vice president of the investment bank of Kidder, Peabody: "The stock market is saying there...
...effect of this outlook in that first Pele game--a pinnacle for Boston professional soccer, but the beginning of the end. Taking advantage of Pele's appeal, the Minutemen oversold the stadium by several thousand people. As a result, often frenzied fans flooded to the edge of the playing field and mobbed Pele, injuring him slightly. After that, fans, players and the game of soccer would no longer head Sterge's list of priorities...
...tente. More pressure might cause Moscow to reject détente entirely, just as it rejected a Soviet-American trade agreement earlier this year, when Congress insisted, as part of the package, that more Soviet Jews be allowed to emigrate. Indeed, Kissinger concludes, détente may have been oversold in the U.S. It is not a panacea for peace. It is instead a means by which two mutually hostile societies can compete, co-exist and occasionally resolve their differences...
...personal appearance or exhibition, and advertisers woo him night and day. Sears, Roebuck has introduced a line of clothes called "the Johnny Miller Collection," and he has appeared in television commercials for Beautyrest mattresses. He has turned down legions more. "I can be oversold too," he says. No doubt, but the income from the endorsement offers he accepted boosted his 1974 earnings to an estimated...