Word: traders
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...come to an end." Even the Dow theorists, who believe that stocks have been in a bear market for months, could not agree on what is going on. Dow Specialist Richard Russell believes that the market will go much lower. But E. George Schaefer, publisher of the Dow Theory Trader, says that a foundation has been laid for "a surprisingly healthy upsurge into late...
...summer of 1960 the nations of Europe were thriving with a prosperity that they had never before known. But in the midst of soaring statistics and optimism, there was one exception: Great Britain, which was again reminded of how perilous a trader's prosperity...
What most readers of Darvas' book fail to realize is that the stop-loss order method must be used, as Darvas does, with the skill of a professional trader; it is not for amateurs. To stop the sudden swings, the floor governors of the exchange are closely watching 13 stocks with an unusual volume of stop-loss orders, have held several meetings to discuss the problems presented by the "Darvas Effect...
Command Decision. Some such showdown has been in the making ever since Castro signed an agreement with the visiting Soviet trader, Anastas Mikoyan, last February to sell Russia 5,000,000 tons of sugar and buy 10 million bbl. of Russian oil (half a normal year's needs) in return. Castro's government asked the refineries to process the Russian crude. They consulted and refused. For a time, the Cubans did not press further. But three weeks ago, a Cuban economic mission traveled to Moscow and signed an agreement to buy additional Soviet oil at a price that...
...every Republican Convention since 1936, Indiana Congressman Charlie Halleck has backslapped his way among the delegates, like the Hoosier horse trader that he is. In 1940 he nominated fellow Indianian Wendell Willkie for the presidency. In 1948 Halleck swung Old Guard Indiana to Internationalist Tom Dewey on the promise, he thought, of the vice-presidential nomination (California's Earl Warren got it). In 1952 Halleck's support of Dwight Eisenhower was a sharp blow to the embittered forces of Ohio's Bob Taft. In 1956 he nominated...