Word: impactions
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Underestimated Impact? The Dow-Jones 900 is a strong resistance point, and stocks may have to test it several times. President Johnson's hospitalization could have unsettling effects upon a market that likes Johnson and dislikes uncertainty. But presuming that Johnson recovers quickly, many Wall Streeters expect that the 900 mark will have to surrender before long. A good deal depends on how investors receive this week's budget and economic messages from the President. Said Goodbody & Co. in a market letter to its customers: "It may be that we have somewhat underestimated the bullish impact that...
Better Stocks. Good business news seems to be having a particularly strong impact upon the small investors who buy in "odd lots" of fewer than 100 shares. For the first time since they were badly singed in the 1962 crash, they are beginning to re-enter the market in significant numbers. On almost every trading day this year, odd-lots investors have bought more shares than they sold. And they are not investing in cheap stocks: the average stock bought in an odd lot now costs $52 v. $39 for the average share bought in round lots...
Even before Blake suggested that Protestantism should consider the impact of Roman Catholic renewal on the ecumenical movement, the World Council of Churches was acting on the need. At the end of its annual meeting last week in Enugu, Nigeria, the council's 100-man Central Committee voted to establish with the Vatican a joint working committee to discover areas of interfaith cooperation...
...only obliquely involved the war in Viet Nam, but it had a measurable impact on South Vietnamese leaders, who saw it as encouraging proof that the U.S. was determined to stay-and fight -in Southeast Asia...
...performance of flinty authority, Sydney Walker plays the old Prince Bolkonski, an aristocrat who tyrannizes his nearest and dearest and who paradoxically loves and is loved by them. His dying words to his daughter, "Put on your white dress. I always liked it," have the poignant impact of mortality that only the greatest writers achieve with the simplest of sentiments. His son, Prince Andrei (Donald Moffat), has the ache of desolation in his face, a man who goes off to war because death has already claimed his heart. As Andrei's love-tossed, love-lost Natasha, Rosemary Harris...