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...BEST LITTLE BALL IN D.C. A funky little gathering--ZZ Top will play some tunes--put together by the Friends of W., Inc., a down-home group including Hyperion Energy, Boeing, Dow Chemical, Reliant Energy, AOL Time Warner, Texas Utilities and Motorola. Guests include campaign chairman Don Evans and the Bush Iron Triangle--Karl Rove, Karen Hughes and Joe Allbaugh. Marriott Wardman Park Hotel...
Shulgin is a biochemist who once studied psychedelics for Dow Chemical. Now 75, Shulgin has synthesized hundreds of compounds in the smelly lab in the woods behind his California home. He and his wife Ann, a therapist, have published two books that are the bibles of underground drug research: PIHKAL (Phenethylamines I Have Known and Loved) and TIHKAL (Tryptamines I Have Known and Loved). Many of the drugs that have emerged from underground labs can be traced to well-thumbed copies of the Shulgins' books...
...sinking by week's end after a one-day rally and Friday's healthy jobs report. Studies show that when asked whether long-term rates will rise or fall--a fifty-fifty proposition--economists get it right only a third of the time. Market gurus fail at predicting the Dow. Analysts miss more than they hit when forecasting earnings. This is very old stuff. Nostradamus predicted the world would end in 1999. Guess what? The future is unknowable...
...Winners BILL GATES Nerd overlord's Microsoft is the best performing Dow Jones stock of 2001. Which is like being the best general in the Taliban BEE GEES Disco kings are honored by Queen and named Commanders of the Order of the British Empire. Their first edict: declare war on Abba GEORGE HARRISON Ex-ex-Beatle may be up for first posthumous knighthood. Maybe it's us, but England's knights are a less and less impressive fighting force Losers MIKE TYSON Iron Mike goes "crazy" in Cuba and gets in a fight with journalists. As all brave reporters would...
...worst of it in the next six months, as many economists believe, then the stock market could begin to recover right away as it looks ahead to the next expansion. That's how bull markets are born. Indeed, many on Wall Street predict double-digit returns from the Dow and S&P 500 in 2001. The tech-laden NASDAQ they see as more problematic, but still going higher...