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...country's merchant class--the Strauss family reportedly built Masonic columns into New York City's Macy's--and again as political incubator. The two Roosevelts, Tom Dewey and Harry Truman all belonged. After World War II, G.I.s who had enjoyed its patriotic but egalitarian flavor abroad returned to swell the lodges...

Author: /time Magazine | Title: Endangered Conspirators | 5/25/1998 | See Source »

...trading is trading. The ability to buy and sell stock instantly should not be confused with the word investing. Hooked hackers often trade many times a day in the hope of profiting from fractional changes in the price of a stock--a risky practice called "day trading" that can swell commissions while shrinking portfolios. "The easier it becomes to trade, the greater the danger that you'll trade too much or make poor decisions," Burnham says...

Author: /time Magazine | Title: A Nation Of Stock Keepers | 5/11/1998 | See Source »

...trend in surfing known as big-wave charging. What has made it possible for dudes like Knox to take their death-defying rides is not some quantum leap in equipment design or surfing technique, but the improved ability of surfcasters to pinpoint exactly when and where a Godzilla-size swell is likely to sweep in from the sea. While there are others in the business, says Bill Sharp, director of the K2 Challenge, "Collins is the guru. He was the first...

Author: /time Magazine | Title: The Winter Of Giant Waves | 3/30/1998 | See Source »

Knox and some two dozen other top surfers showed up at Todos Santos because Collins had predicted a spectacular swell at that particular time at that particular place. They brought with them their longest surfboards, because the longer the board, the faster it cuts through water. A 50-ft. wave, after all, travels at speeds in excess of 20 m.p.h., and anyone who's too slow at the approach risks being smashed. Every so often, in fact, a big-wave surfer dies. This year Jet Ski rescue teams provided backup, and there have been no fatalities...

Author: /time Magazine | Title: The Winter Of Giant Waves | 3/30/1998 | See Source »

...weeks ago it wasn't clear if Knox would keep his big-wave record. For as the K2 Challenge entered the home stretch, it seemed possible that another giant swell off Hawaii might produce a new contender for the big prize. But when the contest ended early last week, it was clear that the waves that rolled into Waimea Bay did not come close to the monsters of Todos Santos...

Author: /time Magazine | Title: The Winter Of Giant Waves | 3/30/1998 | See Source »

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