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Poker players rejoice when they detect a fish -- a cheerful, tireless, well- funded loser -- radiating stupidity from across the green felt. Poker, of course, is a low pastime, whereas investment counseling, stockbroking and commodities trading are honorable professions. Still, suggests amateur Investor John Rothchild in this wry and funny confession, the professional gents and ladies of the financial markets are by no means reluctant to gnaw underachieving seafood when it presents itself...

Author: /time Magazine | Title: Books: Fish Fry A FOOL AND HIS MONEY: THE ODYSSEY OF AN AVERAGE INVESTOR | 3/7/1988 | See Source »

America's comparative decline in the international pecking order will not imply a lapse of national drive or purpose: "It simply has not been given to any one society to remain permanently ahead of all the others." Furthermore, enlightened leadership should be able to detect changing realities and thus prevent a slide from turning into a crash: "The only serious threat to the real interests of the United States can come from a failure to adjust sensibly to the newer world order." Not everyone will welcome or accept Kennedy's bittersweet verdict that the U.S. may become healthier...

Author: /time Magazine | Title: Books: Why All Empires Come to Dust THE RISE AND FALL OF THE GREAT POWERS | 2/15/1988 | See Source »

...first case in the U.S. of infection by a second deadly AIDS virus, HIV-2. The strain was first discovered in West Africa in 1985; since then some 100 cases have turned up in Western Europe. The reason for concern: blood tests for HIV-1 do not always detect HIV-2, making it possible for the infection to slip through AIDS-screening procedures in blood banks...

Author: /time Magazine | Title: Medicine: AIDS peak From new tests to new viruses | 2/8/1988 | See Source »

Preventive veterinary medicine is burgeoning. Animal doctors now routinely use X rays and other imaging techniques to detect nearly invisible hairline cracks in horses' legs before fractures occur. For tendon and ligament injuries, says University of Pennsylvania Veterinarian Virginia Reef, "diagnostic ultrasound has been a big boon in racing and horse-show circles." Racing has become such big business that young horses increasingly compete regularly when they are only two years old, before their bodies are fully mature. Equine Specialist Howard Seeherman of Tufts uses the treadmill % to condition yearlings in order to reduce injuries and improve performance. Says...

Author: /time Magazine | Title: Medicine: When Guinea Pigs Become Patients | 1/11/1988 | See Source »

...same time, army commanders began to redeploy their troops. Instead of four- and six-man patrols at the refugee camps, groups of 15 soldiers were put into action. Helicopters and light aircraft were used to detect potential troublemakers. The tactics reflected the military view that an army decision two weeks ago to stop breaking up all demonstrations in Gazan camps had only encouraged the rioters. "We cannot let the Arabs go wild within the camps without interfering, because that has already been interpreted by them as our yielding control," said an Israeli general stationed in the West Bank. "Our main...

Author: /time Magazine | Title: Middle East State Of Siege | 1/4/1988 | See Source »

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