Word: ticker
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Dates: during 1960-1969
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...market is so thin that a sale of a few hundred shares of some stocks can drive the stocks down several points. The drift has moved many professionals to sit on the sidelines and wait for a selling climax. In market folklore, a heavy trading day with the ticker running late on the down side is just the thing to clean out the fainthearted in one fell swoop, stop the market from dribbling lower every day. Since such a clean-out is impossible in the economy as a whole, the pessimists will have to bear their mood of uneasiness patiently...