European Stars And Stripes (Newspaper) - February 8, 1981, Darmstadt, Hesse                                Page 16 the stars and stripes february computer stocks fall from favor from press dispatches the Energy and High technology stocks that led the 1980 Bull Market on Wall Street have lost some of their Luster in Early the Market As a whole has of but Many analysts have noted particular weakness in the Oil and technology prime last years 1 percentage gainer among new York Stock Exchange with a gain of More than 270 has fallen from As the year ended to the mid30s As of last compute vision slipped from to the High in the Energy Exxon has dropped from to about 75 Shell Oil from into the and Union Oil of California from to around some analysts ascribe this Retreat merely to profit one of the financial Community enduring it has also stirred that a fashion change is taking place on Wall Street and if the Market is Able to mount a new it could be paced by a new cast of Oil related stocks led the Market in 1979 and rallied to the cause again in save Joseph president and chief executive of Argus research in the firms february Market bul the petering out of the Bull Market in these stocks has raised the question of Market leadership for 1981 and new leadership in Washington May hold the key new economic policies designed to bring inflation under control could also usher in new leadership for the amid such the Market fell sharply last then gradually recovered to Post a moderate gain for the the Dow Jones average of 30 Indus funds new York f qua silk St following is a a bos of bid and f or prices on t and be funds As quoted up 13 Glt funds the Nash bal Hui England and Burh pro bid tax inc Able ask z Bonds est Dean Acorn cd z flex or adv cd z la funds allure z 9 pay shr age cd z inc Resh so aim be so con old z cent Sheds go z or hid so z so z f b Alpha cd z fish g am birth z 13 and in Genf Amer funds f fund old z inv am bal u Goth vent inc am Cap t f inc inv am Mut z cd cd intr Bond group an Gro cd and a z f and inv z r cd will Goth am z bal inc am z tip sex cd z for or 1 c a z try cd and sir new prs z yield sex Wash m z funds Amer genl b inc ind a Gabd z std yield Flag ent z by feb Gen sex z Lead inc f growth z cd Sec Roe funds i yield z inc a Mun z inc old a Ven z Fri pm St z gets mass for and am z b sex Harar z inv b2 cd inv Pace cd z Cut b4 Goth prove in z Sikl ser z Gro am Goth z 67 k2 ser z Man am Merit z sick z g am Insun z 1 s3 z in am invest z cd f s4 Cap Alv inc z cd inv Aronni or z Sec f Seq Ann inc z inc Mfd f Amway z yield c g in Ledr cd Cal fund b fac z z income ii z z Stock funds blk Goth f for Gro blk inc inv trn cd Babs inc go Babs inv Savles inc Dacha Dyn do 12 shr his cd ind Era in by Mun inc hot n deed for by tax sex apr Deb Beacon cd Gro Tec bean hid cd Svca Burger inc Ca 100 and cd cd svs in 101 and f inc line funds Boston exam mid lne Ipi cd Wall us inc Jhn Cap Seq Al Nancy Goth Bost fun or yield pc Buh and Bear Sanders Cap am eau f capt so f Goland Mutual f Calvin spell sex cd f Bull cd f f can flex div shr z i inc 15 or f income inc i f Natad s cd com tax for 1 cent she Cap inc x group Chart cd Ely i a part Paul Chep Dot inc Aprl cd to Chest sex shr ins colonial in by fund mat grow la t pachy i yield opt Valu cd she income sep am int of inc Salt cd and in tax my 15 17 Sec z cd by 1 Colum g ind f 2 cd b 1 19 Grid c by by comp by of Bond comp cd 922 Goth f Concord la Conn am f cd cd for spa 11 Seq cd inc his hrs inc comb fam 11 Thiv so Ruth we cons inv to inv m Frulan of yield indu Caol Yorimi in Val inc of Ontra c sex Toad Olaward invest or f of car indie and off More than 15 Points finished Points on the plus at the new York Stock Exchange composite Index Rose to and the american Stock Exchange Market value Index added to big Board volume averaged million shares a against million the week what investments Are Likely to emerge As the Best performers in the months ahead Mcalinden suggests that financial is such As some of the sayings and Loans and insurance which Are highly sensitive to changes in interest might the Prospect of a weakening in eco nomic and therefore declining in Terest has positive implications for the equities of most financial and we believe these stocks represent one of the most attractive sectors of the mar he Mcalinden also nominates some of the old line Blu Chip and Glamor issues which generally lagged behind the Market in the late the emergence of a cyclical downtrend in interest coupled with an Atmo sphere not to mention the reality of should Lead to an improved performance by traditional Blue chips and High Quality growth he the Market scored its fourth consecutive gain Friday in moderate de spite some late profit the Dow Jones Industrial up More than 9 Points at midday following thursdays held for the Days gain of to some of the buying apparently was caused by news that Morgan chemical Bank and Bank of new York lowered the interest rate they charge Bro kers for Loans to percent from 19 per observers said traders Hope these cuts would be translated into decreases in other the new York Stock Exchange Index gained to and the Price of an average share increased 24 Stan Dard poors 500stock Index Rose to advances topped 976 among the issues big Board volume totalled compared with traded Energy last years Market Lead were Strong most of the Day following their recent several Oil Compa Nies raised their prices the past but the White House said this was not directly related to the decontrol of Domestic crude Oil analysts said some investors Are encouraged that the nations january unemployment rate remains unchanged from de members percent brokers said Many investors still were waiting for president Reagan to spell out details of How he plans to Deal with the potential economic calamity he warned of in thursday nights investors guide by William Doyle i am my wife and i both work and have combined salaries of about we have about in a Bank in insured savings certificates and in series Sav Ings i intend to retire in two we Are thinking about cashing in the e Bonds and Stock pulse by United press International copyright 1981 1981 nose composite most actives by volume Stock div cont air in am airlines Anmol u a l inc ism up Knoll Cal Exxon up std ind Boeing vol close earns be old 11 s 23 38 x 37 15 nose composite largest net changes Stock Shell ii sup Oil o k cup Merilh washes Tex Gulf Ltd spa in instr me tron Houng close Cage earns be old Lvi s 195 37a 52 32 32ft 5 3 3 3 2ft 2ft amex composite most actives by volume Stock Gulf cd Pat pet was wangle text Ida Ranger Oil Houston dome Petro to unfair Dur has Adams rest vol close earns be old 22 s 373i4 15 x 70 5 22vi 28 amex composite largest net changes Stock Lecam Petrof Kirby exper Flag frs Adams rest no am Royl we thud Cor lab dunes hotel Rich mtg close Cage earns p e old 47 68 195 24ft 28 44 31 5 3 2ft 2 2ft 27 1ft be Price to earnings ratio Yew dividend yield def deficit St fwd i Stock earnings latest 12 unaudited putting the Money in higher interest Sav Ings some of the Bonds Are More than 35 years would the tax bite be such that it would not pay to redeem the e Bonds at this time it probably the accrued in Terest on the e Bonds the difference Between the Price you paid for them and the amount you receive when you redeem would probably kick you up into a much higher Federal income tax the tax no would be the natural advice is to wait until after you retire and Are in a lower tax redeem your e Bonds at that time and put the Money to work at higher i am Only i am very interested in stocks and info Stu i am not educated in this i am enrolled in an evening investment class and wish to continue this kind of Educa Tion when i go on Active duty with the air Force later this i want to do All the studying i can about can you suggest a very Good Book that will help keep me on the right track your question is one i have always with the explanation that there Are so Many books on investments some fair and some just Plain awful that it has been most difficult to name just that has been there is now to use your a very Good Book of the Type you Are looking i can recommend with out any its Sam Shulsky on published by the new York Institute of i 70 Pine new priced at a id count it As a Bookstore Sam a financial Newspaperman for 50 years and my predecessor in writing this has put together the Best primer i have Ever read on the Allt often confusing world of Wall Street and investments in unlike Many books about Wall Street promising instant this one takes the common sense approach to invest its pure Sam Shulsky sensible and balanced with words of caution about the risks that go with