HIA’s October 11, 2008 Agenda

-- 08:30 AM --

Stock Market SIG: Jeff Friedberg has again agreed to lead the discussion this month. The topic he was planning to discuss in September was going to be "Differentiating Companies on the Basis of Management Techniques." This month he'll talk about the financial crisis we're currently in and how he thinks we should deal with it as investors. Jeff's talks are always worth hearing, and this one sounds like it might be even more educational than usual.

Derivatives / Advanced Options SIG: James McWilliams will lead a general discussion.

Trading 101 SIG: John Godell and Ron Stockstill will again look at the non-linear market thru the Chaos Attractors.  We will calculate the Estimated Fair Value

of the S&P and look at the yield curve.  You will be asked for your summary observations regarding the market trend and if it will continue.

-- 09:30 AM --

Special Situation SIG: Gregor Riesser's SIG will not be held this month.

Getting Started SIG: Leigh Anderson’s topic will be "Investing for Value in Range-Bound Markets"

Abstract: Bear got you down? We'll cover a value-based strategy suited for today's (and tomorrow's) secular bear market. The presentation summarizes Vitaliy Katsenelson's book "Active Value Investing: Making Money in Range-Bound Markets".

Mutual Fund SIG: Jimmy Hixson’s topic will be “When will the recession end?”  Three markers to turn us bullish.

Fixed Income SIG: John Bott’s topic will be “Economic Meltdown: Is 0.00% Interest on Treasury Bills a Good Return?”

-- 10:45 AM --

Club Business:

-- 11:00 AM --

Main Meeting: Guest Speaker will be Greta P. Hicks, CPA . Her topic will be "The ABCs of AMT"

The why's and how's that trigger us having to pay Alternative Minimum Tax to help us avoid a surprise AMT attack and plan to reduce the triggering of AMT.

Curriculum Vitae

Greta P Hicks, CPA, is a former IRS training manager and tax manager for Ernst & Young.  Ms Hicks has taught for the University Of Houston School of Optometry, Texas A&M Agricultural Extension Service, the Texas Society of CPAs, California CPA Foundation, plus dozens of other professional, trade and educational organizations.  Ms Hicks currently serves on the Editorial Board of  the Texas Society of CPAs and is Tax Editor of Today's CPA.  Also, she is active on the TSCPA IRS Relations Committee and former coordinator of Houston's IRS/Practitioner Study Group.  Greta is the author of www.CCH.com, Tax Research Service, Practice Section, "IRS Examination and Appeals Procedures;"  "Guidelines for Record and File Retention" AICPA's 2007 Edition for MAP Selected Readings; and "More Than Money" reprinted by the Utah CPA Society.  In April 2007 Greta's paper, "Due Diligence Defense," has been selected to be presented to the Midwest Accounting Association

-- 12:15 PM --

Technical Analysis SIG: Ralph Brunet topic will be an “Open Group Discussion.”