Word: setting
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Dates: during 1960-1960
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...Shorts Must Cover. But what most encouraged analysts was the fact that favorable signs were not isolated but spread across the board. For 15 straight trading sessions, more stocks advanced than declined, thus indicating bullish sentiment. For more than three weeks, stocks that set new highs for the year continued to substantially outnumber stocks that set new lows. Equally encouraging was the fact that the volume of trading expanded when the market advanced, contracted when the market declined. Volume has been healthy, topped 3,000,000 shares on several days...
Ready for a Push. In the judgment of market analysts, all these favorable technical factors set the stage for a market advance, but the market still needs a push from improved economic conditions to pick up momentum. With the big institutional investors (mutual funds, insurance companies) now returning to the market and the market's basic psychology improving, many Wall Streeters believe that the market is ready to respond to favorable news, take off on a sustained advance to new highs. Says Gerald S. Colby, partner of Boston's du Pont, Homsey & Co.: "The market is seeing better...
...dealer. Automakers defend their summer secrecy on the ground that early pictures of new cars encourage customers to wait for the new models in stead of buying current models. They also hope to achieve maximum publicity impact by releasing stories and pictures in all newspapers and magazines on a set day. Last week the game was on, with new models in production but official debuts still weeks away...
...trademark of Howard Dearing Johnson, a onetime cigar salesman who has become a part of Americana (teenagers call his places "Hojos") by catering to the common denominator of U.S. taste and haste. Johnson, 63, not only controls the world's largest restaurant chain (607), but has set up motor lodges in 24 states, now sells frozen and canned foods (clams, chicken croquettes) in supermarkets from Maine to Florida. This year 310 million customers will pour $200 million into Howard Johnson tills, $120 million of which will go either directly or through franchise returns to Howard Johnson's family...
...already a Bolshevik handyman in Moscow, he sat in prison for eleven months reading every book he could get hold of. Back in circulation, he went to art school for awhile. But when a painter friend heard one of his poems, he proclaimed young Vladimir a genius, set him on the road to becoming what his American friend Max Eastman called the "nearest to the banging in of a cyclone that poetry ever produced...