Word: forecaster
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Wall Street runs two ways?up and down. This fact was recognized long ago by one of the Street's alltime moguls, J. Pierpont Morgan. When asked by a brash young investor for a forecast about how the market would go, Morgan glared down his generously endowed nose, bristled his mustache, and replied: "It will fluctuate, young man. It will fluctuate...
...prayers might finally be answered. Clouds thickened; then a fine drizzle fell over the city. It lasted only a few hours. What Bombay needed was a solid four or five days of full-fledged monsoon. At week's end the best the weatherman could offer was a forecast of "cloudy with occasional rains or showers...
Scientists forecast even more startling ways of snooping, including a device that could pick up the "sympathetic vibrations" of voices in a room blocks away. Also to be reckoned with are the "mind drugs," which make possible the ultimate invasion of a man's privacy: penetration of his brain...
...good reason to be gratified. The burst of inflation that dismayed economists early this year, seems to have receded. Indeed, Commerce Secretary John T. Connor predicted last week that "unless there is a drastic change, there will be no new tax in this session of Congress" (though that qualified forecast was later hedged even more by Treasury Secretary Henry Fowler...
...responsible authority favors use of LSD without close scientific supervision. On the other hand, no responsible authority wants to stop research into the potentially vast possibilities of LSD and other "mind drugs." New substances are already forecast, notably a "smart pill," derived from RNA, to speed up the learning process; this has given rise to the slightly uneasy crack that in a few years "people won't ask you what books you're reading, but what drugs you're taking." Some of the drugs may be bubbling even now in the retorts of Dr. Hofmann...