Word: trendless
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Dates: during 1990-1999
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History and memory are powerful forces in a market that has suffered through a trendless, choppy five-month period. With no conviction about its current direction, many traders always pause to remember the two one-day 500-point declines, both of which took place in October. Even Fed chief Alan Greenspan got into the October-scare game last week, talking about how stocks might be too risky. Of course, he immediately said they might not be. But he referenced the Dutch Tulip Bulb craze, and that sent the market into still another October tizzy. It finished the week down...
...YORK--The stock market was mixed yesterday in a busy but trendless session as traders tried to sort out prospects after the end of the Gulf...
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