Bapopik at AOL.COM
Bapopik at AOL.COM
Sat Feb 26 04:57:25 UTC 2000
(CAUTION: This etymology is, uh, extremely upsetting.)
"Nifty Fifty," we never knew ye!
An article in the Wall Street Journal (Thursday) compared the currently
high price-earnings ratios (where there are any earnings to have ratios, that
is) to the famously high P/Es of the "Nifty Fifty" in 1974.
This is from Kathleen Odean's WALL STREET SLANG: HIGH STEPPERS...
(1988), pg. 8:
Institutional investors once worshipped the _Nifty Fifty_, a group of
glamour stocks and more traditional stocks, including such familiar names as
American Express, J. C. Penny, Avon,and McDonalds. Some say that the "fifty"
in this _Favorite Fifty_ refers to fifty companies; others, to the stocks'
selling prices of fifty times their earnings. Market pros in the 1980s
occasionally harken the birth of a new Nifty Fifty or the return of the old,
which fell from glory in 1974. (The name was parodied in the phrase _Shifty
Thrifties_, a 1984 description of banks that took large credit risks.)
Traders also dubbed the original Nifty Fifty _Vestal Virgins_ from the
legendary six virgins who tended the sacred fire brought by Aeneas from Troy
The CASSELL DICTIONARY OF SLANG doesn't have "Nifty Fifty," but it has a
"bit of nifty"--sexual intercourse. Could those Wall Street traders all
along have been thinking--no, impossible!!
This is from SCREW magazine, 24 May 1976, "Letter from London" by David
Franklin & Tuppy Owens:
_Mastering The Mother Tongue_
..._randy_ (horny)..._bloke_ (guy)..._bird_ (chick)..._real goer_..._ready
bike_..._homely_..._pull her_ (pick her up)..._really fancy her_ (meaning
you're ready to dip your wick)..._let's go have it off_ (literally get it
on)..._let's fuck_...(Col. 2--ed.) _ball_..._chemist_ (drugstore)..._french
letters_, (Col. 3--ed.) _johnnies_, or _Durex_ (a trade name)..._pulled your
bird_..._snogging_ or _canoodling_ (heavy petting), _grinding_ (dry humping),
and last but not least, some _touching up_ (copping feels)...(Col. 4--ed.)
_bunk up_, _shag_, _a touch of the rod_, _get a leg over_..._pulling a
bird_..._You're a brick_ means you're all right, a _tight ass_ is a mean
s.o.b., _naughty_ means shocking, _gross_ equals raunchy, _cheeky_ is ballsy,
_saucy_ is sexually cheeky. If she thinks you're a _little willie_, she's
calling your weenie teenie and if, perchance, you're deemed a _puff_, she
considers you to be no better than a fag. (...)
Here are some helpful phrases not included above.
_Orgy_--if you're invited to one of these, don't get your hopes up (or
anything else for that matter). It simply means a rather wild party. For an
American orgy, the English use the more precise term _group sex_.
_Swinging_--wild sexual goings on, not wife swapping.
_Fanny_--means cunt, which makes you-know-what a much dirtier novel than our
grandmothers ever imagined.
_The nifty fifty_--female masturbation. (NO!!!! IT CAN'T MEAN THIS!!! IT
JUST CAN'T!!! I'LL NEVER READ THE _WALL STREET JOURNAL_ THE SAME WAY
_Wank_--jerk off, something you'll hopefully have no need for. It's also
known more picaresquely as the _five-knuckle shuffle_. (Cassell's DOS has
_Bollocks_ or _goolies_--balls.
_Pissed_--very drunk, not angry.
_Dose_--the clap. Though the grunge is alive andwell on the Sceptered Isle,
you'll be happy to hear that crabs are as rare as Chateauneuf-du-Pape at the
_Cunt sucking_--pussy eating.
_Twit_--dumb ass, jerk.
_Knickers_ or _bloomers_--ladies undies.
_On the game_--turning tricks.
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