Word: stedman
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Dates: during 1950-1959
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...peak of 678.10 in early August. Brokers all gave the same reasons for the market's weakness: tight money, the steel strike and Premier Khrushchev's visit. Many of them also agreed on what the market will do next. Said Carl M. Loeb, Rhoades Partner Samuel L. Stedman: "I expect a good strong rally before the end of the year, because there is money piling up in mutual funds, pension funds, and with other institutional investors; but it will be a market of selective stocks." Said Sidney B. Lurie of Josephthal & Co.: "The lows for most stocks...
...generally recognized to be Edmund W. Tabell, 55, the tall (6 ft. 2½ in.), mustached vice president and research director of Walston & Co. Tabell keeps 2,500 charts, biggest number on Wall Street, has used them to score a topflight record in predicting market swings. Says Samuel L. Stedman, partner of Carl M. Loeb, Rhoades & Co.: "Ed Tabell is the best bird dog on the Street. When he points, you better look...
...Said Samuel L. Stedman, partner of Carl M. Loeb, Rhoades & Co.: "I don't see a major selloff, but this level will tempt a lot of companies into financing, and these rights offerings may take some of the upward pressure from the blue chips. Specialties should move up while the rest of the market churns...
...Samuel L. Stedman, partner in Carl M. Loeb, Rhoades & Co.: "When the market moves swiftly, thinking stops. When it slows down, the fundamentals of earnings and dividends will show...
...varsity's only real threat was in the sixth. Cleary led off with a triple to left center, and Butters walked. At this point, Stedman came in and got first baseman John Maher on a grounder to the mound. Third baseman Jim Rahal hit sharply to short, but Jack Murphy's throw caught Cleary at the plate. With two on and two out, catcher George MacDonald lined deep to left for the final...