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• Unchanged stocks by Charles A. Jaffe

  ARTICLE SYNOPSIS ...Unchanged stocks by Charles A. Jaffe Investors and the media focus on the winners and losers in the stock market. Issues that stand still are not only boring, but their inactivity is seldom a signal for anything. Or is it? Last summer, Anthony W. Tabell of the Princeton, New Jersey-based Delafield, Harvey, Tabell Inc. was struck by the fact that, on many days, more than 500 issues on the New York Stock Exchange (NYSE) were closing unchanged. Intrigued by the round number 500 and the fact that he couldn't remember, even from his younger days, such a high percentage of stocks not moving, Tabell...

AUTHOR: Charles A. JaffeDATE: JAN 1990