Word: schellbach
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Dates: during 1966-1966
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...will Wall Street set a better tone? Monte Gordon, vice president in charge of research for Bache & Co., looks toward the time when speculative fever will subside. "The market will stop going down," he says, "when people stop trying to make huge profits in short periods of time." Lewis Schellbach, executive vice president of Standard & Poor's, thinks that some investors are worried enough to dump their stocks. "This decline has gone so far that we really need a selling climax," he says. Said James Hart, a Lehman Bros, partner: "For the near future, the trend is down...
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