In a week whose outstanding developments were in the money and securities markets, there has been much conjecture regarding the opinions and the position of Jesse L. Livermore, easily the leading stock market operator of today. Back in the Winter he had announced (TIME, Feb. 25) that he was "bearish" on industrial stocks—a prediction which the subsequent market declines emphatically justified. Wall Street, half-persuaded to turn bullish on the present low money rates, has waited to see "when Livermore would cheer up" and take the lead in "putting 'em up." But Mr....
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