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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (111078)	7/2/2001 5:29:05 PM
From: LLCF	Read Replies (1) \| Respond to of 436258

Nice little trade punting out all that HM @ $8.00.... he he, good one all... plenty of AMO for the next downdraft. DAK

To: pater tenebrarum who wrote (111078)	7/2/2001 6:19:40 PM
From: ild	Read Replies (2) \| Respond to of 436258

From today's Don Hays: For instance, I look at the option volatility index (VIX) each day. I haven’t upgraded it as a primary indicator, however, because it is very difficult to tell how high is high, and how low is low. I personally feel that the next three months will see this indicator fall to the 18-19 zone, but many bears out there have been using the recent 21-22 level as a sign that a new bear market was evolving. I believe that the action of the market is now poised for a 3-month move on the upside that will push the Dow Industrials to a new all-time record high. Yes, my target is 12,600, but remember that opening thought. I might change that several times along the way. If you remember my analogy back a few months ago of the sectors of the market all circling overhead like a flock of geese--first one leader, and then another. That is what has been occurring for the last three months. But now it appears to me that the stage is set for that big push upward that will produce a final peak in MOMENTUM in the next 3-4 months, and an obvious breaking out of the pack by the real leaders of this flight. Please reread that last sentence--I didn’t say a final peak in the market, I said momentum. The market could easily spend an ensuing period of high volatility and even a higher high, but I am guessing that most of the fireworks will be ignited in these next few months. Comments?

To: pater tenebrarum who wrote (111078)	7/4/2001 7:22:23 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

HB, more Ugly American culture coming your way: siliconinvestor.com Starbucks to Open Shops in Austria Jul 4 5:27pm ET By Tom Armitage VIENNA (Reuters) - Starbucks Corp, the U.S-based specialty coffee chain, plans to challenge Vienna's traditional coffeehouses by opening a dozen outlets here, Starbucks President Peter Maslen said on Wednesday. The group, which already serves 15 million customers a week from 4,300 shops in 23 markets, aims to offer a more youthful alternative to the atmospheric but often staid establishments characteristic of the Austrian capital. All of the dozen outlets Starbucks will open in the Vienna area from December will be non-smoking -- a daring move in a country with a high proportion of heavy smokers. With a yearly intake of 215 litres per head, Austrians are among the most prolific coffee drinkers in Europe. "Austria is at the heart of European coffee culture and coming here is a very important event," Maslen said. Starbucks will offer a more contemporary version of the relaxed and unhurried atmosphere of the Viennese cafe, where customers can sit undisturbed for hours -- often hoping desperately that a waiter will deign to serve them. "We talk about Starbucks as the third place between home and work," Maslen told Reuters. "We bring stuffed chairs and, frankly, in some places it's a more comfortable living room than you might have at home." The Starbucks global no-smoking policy is not being relaxed for the Austrian market. "We will not have smoking in stores," Maslen said. "It has always been controversial. The reason we do it is coffee is highly absorbent and we do not want it to taste of smoke." Austria is the second market in continental Europe that Starbucks is targeting after a successful launch this year with its joint venture partner Bon Appetit Group A.G. in neighboring Switzerland. Austrian Star, another joint venture of Starbucks and Bon Appetit, will run the Austrian expansion program. The chain plans to open stores in Israel in September and other European markets within the next 12 months. "Every market is a test," Starbucks European, Middle East and African President Mark McKeon said. "We are now focusing hard on the German, French, Italian and Spanish markets." Kurt Falkner, founder member of the Austrian Coffee Culture Society, believes the arrival of Starbucks will complement rather than replace Vienna's long-established cafes, which became popular in the 19th century. "What this will do is maintain the habit of drinking coffee and bring young people back to it." Thank God! Austrians will finally get to see what real coffee is all about!<VBG>