Word: sell
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Dates: during 1960-1960
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...police reported hearing dirty ditties being broadcast on the wrong wave length-their own. Another prisoner was held to have carried visitors' day liberties too far. Giving the prison's street address, he had advertised for cuties whom he photographed in the nude for "art" pictures to sell to fellow inmates...
...Payoff. Shifting his summers to Woods Hole Oceanographic Institution on Cape Cod, Ewing conducted gravity studies from the submarine Barracuda, designed and built a much-improved camera to picture the ocean bottom. Impressed by the distance that explosion waves travel through sea water, he tried to sell the Navy on using them for communication. But not until seven years later, in 1944, did his system get a trial. Then he proved that waves from a 4-lb. depth charge exploded 4,000 ft. below the ocean's surface can be heard 1,200 miles away. This communication method...
...thaw will make it easier for the Government to raise money. But it has just about killed the hopes of Treasury Secretary Robert Anderson to end the 4¼% interest ceiling on long-term Government bonds. His stand-that interest rates were so high that the Government could not sell any long-term issues-was undercut by the slide in rates, which has dropped yields on Government bonds until many are selling at around 4%. Thus Anderson, who must raise between $2 billion and $2.5 billion in new money in the next few weeks, is expected to try to raise...
When the market slides, as it did for two months, Coe holds that the public, while buying more than it sells on the way down, finally becomes cautious. When the public gets really worried, it begins to sell short in substantial amounts in the belief that the market is going still lower. When this occurs, the market is due for a rally. During the market's lows last month, Coe's charts showed that this had happened; he rightly predicted a rally. Last week, as the Dow-Jones industrial average continued to rally, closing at 622.47, Coe expected...
...changes in market averages. A basic part of the theory is that the longer a stock or a market average stays in a narrow trading range, the greater will be its rise-or fall-when the stock or average breaks out. Tabell, who advised his clients to sell in January, now says: "The industrial average has begun to form a base. We may have seen the low point, but the market should take another two or three months of consolidating before it breaks out in a rally that will carry it to new highs...