Word: whipsawed
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Dates: during 1980-1989
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...Whipsaw City" on the stock exchanges, in the words of one of the esteemed financial-newsletter editors speaking at this three-day "money show." Up 25 points Monday, down 20 Tuesday. The common opinion, derived by computer analysis of 50 leading indicators or by going out and staring at the moon, depending on one's methodology, is that the future looks bad. The audience of gray and balding heads does not know if the economy will make a soft landing or a big splat, but for now they have their assets safely tucked away in Treasury bills and money-market...
...baskets of securities that can be bought and sold in the future. They are primarily designed to let investors protect their portfolios against sudden market changes, especially in a form of trading known as portfolio insurance. But since the crash, they have been called speculative instruments that can whipsaw the market as a whole. Many experts argue that Black Monday's cataclysmic spiral was triggered by a panic sale of index futures by managers trying to shore up their holdings...
...loving precision with which they portray a young boy's painful need to grow up and an old man's passion to recall his youth. If only Steinbeck, an innately modest man, had been more modest as a writer, he might not have been destined to whipsaw himself between the pretentious and the trivial. It was his bad luck that he happened to be one of the last writers to dream, in all innocence, of writing the Great American Novel...
...begins with no music, just a whipsaw wind. Through the gauze of dusk forms a cluster of stars-no, a spider's web -the filigree work of predestination, trapping every animal who will pass through this forest. A fox sprints over the tall grass, fear in her eyes, an infant fox dangling from her clenched teeth. A gunshot sounds; a flock of birds rises from the grass. The fox is dead, her infant an orphan. Happy summer, boys and girls! This is the new Disney cartoon feature...