Letters: Jun. 8, 1962

The Bear & the Bull

Sir:

This looks like it! And if it is the long overdue end of the longest bull market on record [June 1], there is the sure knowledge that stocks, like the phoenix, will rise again. Meanwhile, there is a strong possibility that a certain currently popular smoothie may prove to be the Democrats' Hoover.

Cheer up! And whistle a happy tune.

OWEN BALDWIN

Kingston, Mass.

Sir:

Washington is packed with "book-headed" boy wonders who couldn't successfully run a business, but they are going to tell others how.

JACK STIRES

El Centro, Calif.

Sir:

Our present bear market in stocks should prove no puzzle to anybody....

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