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...mysterious arcs, each four to seven times as long as the diameter of the Milky Way, curve around clusters of galaxies that lie some 3 billion light- years* from earth. Astronomers Vahe Petrosian of Stanford University and Roger Lynds of Arizona's Kitt Peak National Observatory, who discovered the arcs, believe each consists of some 100 billion stars but cannot explain the shape. "What gives us a headache," says Petrosian, "is that they are so, so perfect...

Author: /time Magazine | Title: Science: Arcs,Birth and a Disk in the Sky | 1/19/1987 | See Source »

Other sages of the investment community agree. One of Wall Street's hottest gurus, Georgia-based Robert Prechter, has used an arcane branch of analysis known as Elliott Wave Theory to predict that the Dow is on a march that will peak at 3600 by 1988. In December 1985, Yale Hirsch, editor of the newsletter Smart Money, forecast the date of the Dow's 2000 day within roughly a week. Now Hirsch predicts that the index may climb to 2300 within three months and reach 2700 later this year...

Author: /time Magazine | Title: The Bull Tops 2000 | 1/19/1987 | See Source »

There are good reasons why the growth of American museums has reached this temporary peak in Los Angeles. It is the second biggest city in the U.S., and determined to make itself felt. It teems with new money thirsting for status through art. In Los Angeles, city of therapies, one sees the great American illusion that art is socially therapeutic brought to its apex. Medicean longings inflate the breast of the lowliest junk-bond zillionaire. Whole busloads of fledgling collectors shuttle on regular tours, shepherded by docents, art-investment consultants and "educators" of every stamp, among the private collections...

Author: /time Magazine | Title: Art: Getting On the Map | 1/12/1987 | See Source »

...struggle for succession in Iran first surfaced when the U.S. arms-for- hostages scandal was revealed last November. It reached a peak last month during an extraordinary televised confession by Mehdi Hashemi, a leading radical politician and a close associate of the Ayatullah Hussein Ali Montazeri, 64, Khomeini's officially designated successor. Hashemi and a number of henchmen were arrested on charges of murder, kidnaping and sedition. According to reports from Tehran, the state's evidence includes such exotic weapons as vials of cyanide, booby-trapped shoes, exploding ink pens and remote-control model airplanes equipped with explosives. In early...

Author: /time Magazine | Title: Iran Meantime Back in Tehran | 1/12/1987 | See Source »

...status of the reported 1.8 million Soviet Jews is more difficult. Jewish emigration has been cut to fewer than 50 a month (vs. a peak of 51,300 in 1979), but the continuing demand for emigration shows how difficult it is for Soviet Jews to maintain an identity. Last September, for example, one of the Soviet Union's few remaining mikvahs (ritual baths) was reportedly leveled by authorities...

Author: /time Magazine | Title: Religion: Taking A Firm Stand Against Faith | 1/12/1987 | See Source »

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