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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (12564)	1/1/1998 6:59:00 AM
From: kas1	Respond to of 94695

happy new year to you also. nah, not organized, just handy with ms excel. it also caught my eye that we seem to vary more on the close than on the high -- and really it's the close that matters. maybe because of the intense way new dow highs are covered in the media, we all have similar expectations for them. who knows. will be interesting to see how our picks pan out during the year. meanwhile, here is some diversion for everyone from the column news of the weird (most likely found in your local alterna-newspaper): * In August, a judge in Des Moines, Iowa, turned down two inmates' petitions for Jewish ceremonies, citing the facts that the men were not Jews when they came to prison and don't know much about Jewish traditions, and the suspicion that the men were only interested in Jewish ceremonial fruits and shawls, which are helpful to inmates in, respectively, making wine and strangling people. * In April, San Diego plastic surgeon Joseph Graves was found negligent by a jury in breast-implant surgery on a 30-year-old former beauty queen. According to the woman, Graves was assisted in surgery by a friend of his, a waiter, who may actually have been the one who inserted the implants. More than 20 lawsuits against Graves are still pending. * The Economist magazine, reporting in April on how Cuba's economy has driven professionals into the retail market, wrote of Norberto, a Moscow-trained engineer who sells pork sandwiches from a stand in front of his home. Norberto's higher-earning job, however, is to illegally show bootleg porno tapes smuggled in from Miami to farmers in the countryside on his VCR, powered by a car battery. According to The Economist, "From miles around they come, on horseback, with their wives and girlfriends, to see Norberto's blue movies. He charges five pesos a head. When, at the end, they all clamor to see it again, he charges another five." * In July, the Centers for Disease Control reported the first instance of HIV transmitted not through sex or drugs but through deep kissing. However, doctors insisted the transmitting agent was not saliva but blood. Doctors said that the man had gum disease, canker sores and "hairlike growths on his tongue," and the woman had bleeding gums, but that the couple nonetheless were very affectionate. * In August, it took a recovery team two days finally to pull out the body of a 23-year-old tourist who slipped and fell over a scenic waterfall at Waterton National Park in Alberta, Canada. During the two days, visitors expecting to take in a remarkably beautiful site were forced to gaze also at the dead body lodged in the rocks at the bottom of the waterfall.

To: GROUND ZERO™ who wrote (12564)	1/1/1998 7:03:00 AM
From: W. Clinton Terry	Read Replies (1) \| Respond to of 94695

GZ: Happy New Year. We should form the early morning club. Can't get to my e-mail because I have a number of people staying over from last night. There is someone sleeping in each room so I am using my other half's computer while I lurk in the semi-dark typing. Watched the BeeGees last night on HBO pay for view. Took me back a few years. Ahhh, to be a baby boomer! Kas1 did a nice job of summarizing peoples' predictions. Interesting that there seems to be some consensus. I guess I would fall into that group of people who are prepared to see a drop in the market during the first part of the year. Read TSC last night and one analyst was even predicting that the January rally would not begin until after the first week of January. If that is the case, there is likely not to be much of a rally because as soon as the earnings reports start to come out, there will be general consternation about other peoples' reports as soon as the first negative one hits the news. Clinton