Word: oversold
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...Oversold Idea. Another cause of today's problems is yesterday's lack of advance planning, especially on a regional basis. Some utilities underestimated the appeal of air conditioning, which alone has changed the peak load period from winter days to summer nights in many parts of the nation. Others oversold the idea of "all-electric living"; electric heating uses three times the energy required by conventional heating. Meantime, consumption of electricity increased with population growth...
Epidemiologists do not agree on the causes for VD's current upswing. Health authorities admit that the Viet Nam conflict has had little impact on U.S. health. Many doctors believe that the preliminary victories of penicillin over VD were oversold, and that a false sense of security was created, especially among the young. Some blame the Pill, claiming that oral contraceptives are being widely used instead of condoms. But the use of condoms has actually increased since 1960. Only one thing is certain: no one can satisfactorily explain the current epidemic...
...rally public confidence during the Great Crash.* The Rockefeller bullishness did scarcely anything to stem the market decline in 1929, but Nixon's remark did a little to crystallize sentiment that stock prices had reached bargain levels. It helped set off a technical rally in a deeply oversold market...
...stock market, which knows a bad thing when it sees it, dropped like a stone last week. The Dow-Jones industrial average tumbled 29 points to close at 747, barely above January's six-year low of 744. Many stocks seemed "oversold," but few investors as yet had the nerve or confidence to buy. The market's decline partly reflected investors' anxiety about which of several turns the economy may be taking: toward outright recession, possibly combined with continued inflation; toward moderate growth and a gradual simmering down of price rises; or toward what is coming...
...overkill has grated on the nerves of many Russians. The Soviet youth newspaper Komsomolskaya Pravda, under the headline WHAT FOR?, has attacked the "pomposity and bombast" surrounding some of the celebrations. Wry jokes circulate in Moscow, not about Lenin the man-whom Russians indeed revere-but about Lenin the oversold commodity. One tells of a contest for the best statue honoring the writer Pushkin. First prize is awarded for a statue of Lenin, second for a statue of Lenin reading Pushkin, and third for one of Pushkin reading Lenin. (Pushkin, as it happens, died 33 years before Lenin was born...