Is, Is Not

Impossible would be the task of an investor who tries to follow all he is told. Of conflicting opinions, no better example has occurred than that which flared from the financial page of the New York Journal one day last week.

In big type at the top of the page, "Spectator" proclaimed: "Good stocks are in a buying range right now." Directly below, Lewis Haney, director of New York University Bureau of Business Research and onetime Economist of the Federal Trade Commission started his daily article by saying: "The outstanding fact about the stock market now is that this is not a good time to buy stocks."

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