Word: sayed
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Dates: during 1960-1969
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...HEAD AND SHOULDERS REVERSAL is a pattern that signals a nasty downturn. If the right shoulder rises higher than the head, chartists say that investors should hold on. If it does not pass the high, chartists advise them to sell -or risk a plunge below the neckline...
...hamstrung by a frustratingly fuzzy legal charter that authorizes the agency to prescribe rates, regulate routes and oversee mergers, but prevents it from using individual cases as precedents that could establish overall transportation policy. As for the ICC's many critics, the chairman can only say that "I don't oppose some of their ideas, but I can't do anything about them." She does, however, improve the scenery...
Swinging with the Smart. The technicians practice Wall Street's most ar cane - some are unkind enough to say inane - art. In deciding whether to buy or sell a stock, the purists among them profess to care less about such fundamentals as a company's assets, its earnings, its management or even what it does. Instead, the chartists divine the fu ture of a stock by poring over a dis play of its past performance. The zigs and zags may ignore the fundamental "facts," but more important, technicians argue, the charts reflect what the mar ket knows...
...ROUNDING BOTTOM indicates that after a long decline, sellers have finally sold out. The field is now being taken over by buyers, who may erase some or all of the slide or even take the stock all the way to a rounding top. Currently, some chartists say that airline stocks are in a rounding bottom...
...occasionally relieved when he is asked to talk publicly about his work. If a man is what he does-and that is the American view -how satisfyingly stimulating it is to talk about one's work. The perceptive vigor in much of what 14 novelists have to say for themselves in this book seems to bear out this notion...