Wall Street maxims/proverbs/phrases revisited

[Bapopik at AOL.COM]

   I had done research into Wall Street maxims/proverbs/phrases/saying/rules
in 1998, and that's still in the old ADS-L archives.  Today, I re-checked
that again in the NEW YORK TIMES full text database.
   Full text of the WALL STREET JOURNAL doesn't seem to be available yet, but
I'll do a much more thorough job when it is.  That's what I've been waiting
for.  The NEW YORK TIMES doesn't have a lot of this stuff.


   1 December 1900, NEW YORK TIMES, pg 8:
   If the Wall Street proverb, to the effect that "nothing is so timid as a
million dollars, except two millions," is true, the timidity of fifty or
seventy-five millions may be assumed to represent abject terror of any
innovations involving expense and presenting unknown difficulties.

   26 April 1908, NEW YORK TIMES, pg. SM11:
   "Buy low and sell high, that's my creed."

   27 December 1913, NEW YORK TIMES, pg. 8:
   The subject being strictly sordid and mundane, it may be permissible to
quote the Wall Street maxim that "everything is in the price."

   17 November 1929, NEW YORK TIMES, pg. N8:
   One of the best-known maxims of Wall Street commission houses, both before
the war and in the subsequent period, was "Cut your losses and let your
profits run."

   14 January 1930, NEW YORK TIMES, pg. 40:
   On the other hand, those who foresee a better market in the future are
repeating the age-old Wall Street maxim that it is never wise to sell a dull
market.

   15 March 1931, NEW YORK TIMES, pg. 43:
   "Good times, good fellowship--hard times, hard faces," is a proverb
brought to the Wall Street mind recurrently these days...

   18 November 1958, NEW YORK TIMES, pg. 53:
   Part of the loss may have been due to traders following the Wall Street
maxim to "sell on  the news," and part to company denials of rumors that
General Dynamics was about to absorb it.

   18 July 1959, NEW YORK TIMES, pg. 19:
   Lorillard introduced its long-heralded menthol filter cigarette and fell 1
3/8 on the Wall Street maxim to "sell on the news."

   24 October 1967, NEW YORK TIMES, pg. 83:
   The maxim, "Don't sell on strike news," seemed to apply as Ray W.
Macdonald, presdient, indicated that the adverse effects of a walkout at
three Detroit plants would be short-lived.

   8 November 1969, NEW YORK TIMES, pg. 47:
   The pyrotechnics in Telephone and in the glamour-laden computer issues
came from heavy buying by mutual funds, other institutions and market traders
following that old adage, "Don't fight the tape."

   9 November 1974, NEW YORK TIMES, pg. 41:
   However, he recalled "that old Wall Street proverb that cautions 'never
sell on strike news.'"

   13 November 1980, NEW YORK TIMES, pg. D8:
   Nonetheless, to amend a Wall Street proverb, nobody ever rings a bell to
signal the absolute peak in rates for tax-exempt securities.

   5 March 1985, NEW YORK TIMES, pg. C5:
   As they say in the corporate corridors, nobody ever got fired for buying
I.B.M.