Word: precrash
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Dates: during 1960-1969
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...went on to set records. Last week the Dow-Jones industrial average hit a new high of 767.21. The little man is buying stocks again, but there is less wide-eyed speculation, and fewer stock prices are way out of line with earnings than when the market hit its precrash high two years ago. Many Wall Streeters look for stock prices to stay about the same in 1964, or even dip, and some believe that this will be followed by another major bull market beginning in 1965 that could take the Dow-Jones average to an astonishing...