Word: year-to-year
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Dates: during 1938-1938
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...Theorists. Then he started an interpretive-letter service, which is now prepared with the help of a staff averaging 25. Last week his 205th interpretive letter went to 5,565 subscribers throughout the world (by air mail in the U. S.). Typically, it commented on both the primary (year-to-year) and secondary (month-to-month) trends of the market; reminded subscribers that the former ''continues to point downward." said that the latter's trend will be shown by consistent upward cr downward swings of both averages...