Word: mid-may
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...goes well the lights should carry an undefeated record into that big showdown in mid-May...
...Issues. Small investors generally have greeted the market rise with a yawn, and left trading to the big institutions (mutual funds, pension funds, trusts). In mid-May, small investors (those who trade in lots of 100 shares or fewer) sold 250 shares for every 100 they bought. The speculators, who in the 1960s bought "hot issues" selling at high P/E ratios, now are trading instead in options, or the right to buy or sell stock at a specified price in the future...
...magazine's 53-year history. Four days earlier, TIME had won the national Headliners Award for this same July 4, 1776, issue. Both honors came as Senior Editor Otto Friedrich, who edited our first Bicentennial special, was plunging into the closing stage of preparation for the mid-May publication of our second special, "The New Nation," dated Sept. 26, 1789. This sequel, like its prizewinning predecessor, was written as if TIME reporters were on the scene that week two centuries ago. It was a turbulent, fascinating, great week. While the tide of revolution ran high in Paris, Congress wrote...
...national mood shows only 17% of those surveyed as optimistic. compared with 29% in mid-May and 21% in October 1974. Some 64% now think that "things are going badly" in the country, up from 60% last spring...
...Americans that began in May 1974. Soundings consists of a series of political and social indicators that were developed for TIME by Yankelovich, Skelly and White Inc., the New York-based public-opinion-research firm. The analysts tabulated the recent results last week from telephone interviews conducted in mid-May with a representative sample of 1,014 Americans of voting age. Results for each individual survey have an error factor of plus or minus 3%; in estimating trends from one quarter to another, the error factor is plus or minus...