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Stories for January 29, 2020
Sheku Kanneh-Mason takes on the best-known cello work in the canon; 'Elgar's Cello Concerto' and is the WFMT: Featured New ReleasePosted At : January 29, 2020 12:00 AM
Award-winning young cellist Sheku Kanneh-Mason presents a new recording anchored around Elgar's Cello Concerto – arguably the best-known work in the classical canon for the cello, which saw the 100th anniversary of its first performance in 2019. Recorded at the famous Abbey Road Studios, the album features the London Symphony Orchestra conducted by one of Kanneh-Mason's lifelong heroes, Sir Simon Rattle. The concerto is set amid nine exquisite shorter pieces, some popular and some less well-known, providing a musical context to Elgar's work. Sheku Kanneh-Mason - Elgar is the WFMT: Chicago 'Featured new Release' for Wednesday January 29, 2020.
Thomas Zehetmair celebrates the summit of violin repertory on 'Sei Solo' / WFMT: Featured New ReleasePosted At : January 28, 2020 12:00 AM
Composed three centuries ago, Johann Sebastian Bach's set of six works for solo violin stands as one of the holy grails of the instrument's literature – perhaps the holiest. Now the great Austrian musician Thomas Zehetmair makes his own mark in the rich history of this music, revisiting the repertoire on period instruments. Zehetmair is an extraordinary violinist and a consistently inquisitive and self-questioning artist. He has not only played the big concertos but has given close attention to chamber music and new repertory and has also found an extra calling as a conductor, channelling this varied experience into his return to the formidable cornerstone of Bach's solo masterpieces. In revisiting the solo works of Bach, the summit of the violin repertory, Zehetmair plays the music with vividness and intelligence to produce a recording that is deeply steeped in the music and at the same time original. The album was recorded at Propstei St. Gerold in Austria and it is the WFMT: Chicago 'Featured new Release' for Tuesday January 28, 2020. p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px 'Helvetica Neue'; color: #4d4d4d}
Jan Garbarek and Hilliard Ensemble, A unique pairing reunites for a farewell tour - 'Remember Me, My Dear' / KIND OF JAZZPosted At : January 28, 2020 12:00 AM
It's hard to believe, but Officium - the first collaboration between Norwegian saxophonist, Jan Garbarek, and the English vocal group, the Hilliard Ensemble, took place twenty-five years ago, back in 1994. That album, perhaps against all odds, achieved crossover success, helping to bring jazz - and indeed choral singing - to new audiences worldwide. Twenty years, and three albums later, the two parties reunited for a farewell tour, after which the Hilliard Ensemble disbanded in December 2014. Remember Me, My Dear, was recorded live on that farewell tour, in the Collegiate Church of Sts Peter and Stephen in Bellinzona, Switzerland. Many purists complained at the time that this music was not jazz. I had the chance to watch them perform on their debut tour, in Tokyo, and it was clear that there was plenty of improvisation from both parties as the music stretched and evolved from that first recording. The Hilliards had to leave more space for the saxophone than they were used to, whilst Garbarek moved around the auditorium, a theatre, and looked to use the space as a sixth instrument, leaning into the curved walls with his saxophone, and allowing the sound to take on a whole new dimension. Twenty years later, the improvisation was still an important part of the music. Soundchecks were often brief, as they would sing or play a few notes, and then listen to what the building had to say about them. As John Potter, one of the original members of the Ensemble noted in the program notes for their final show, the musicians would then wander to different parts of the building, to see how they might best use the space later that evening. In the excellent liner notes, Steve Lake remembered how the Ensemble became more daring over time, "separating and walking slowly through the church while singing, voices drifting through the nave, or reflecting off ancient stones." READ THE FULL KIND OF JAZZ REVIEW
'Blue Landscapes III: Frontiers' is an outstanding album filled with magnificent simplicity / Best New Age CDsPosted At : January 28, 2020 12:00 AM
2006 was an important year. It was the year a mutual friend introduced Robert Thies and Damjan Krajacic. Robert is a classical concert pianist who won a Gold Medal in the Prokofiev Competition in Russia, as well as having a music recording career in the film and television industry. Damjan, a native of Croatia, is a jazz flutist and holds a Master of Music degree in Afro-Latin Music. This fortuitous meeting led to the beginning of their musical collaborations, and Robert and Damjan released their first album, "Difference," in 2006. In 2012, they released the first of the "Blue Landscapes" series, which is now three albums of original compositions and meditative improvisations on flute and piano. Following, in 2016, was "Blue Landscapes II: Discoveries." And now we have "Blue Landscapes III: Frontiers," which was released in late January 2020, on the Real Music record label. "Blue Landscapes III: Frontiers," is almost an hour and a quarter of total relaxation. And this is 15 improvised tracks of piano and flute that go "beyond the traditional colors of the instrument," as Damjan says. All the music on the album consists of piano and two flutes, a regular C flute and a bass flute. There are no synths on this album. What's interesting and impressive, even, is that they've created incredibly unique textures and sounds that do exactly that. For example, on "Forest Path," Robert created an amazing looped rhythmic underlay with the piano strings. And Damjan's relationship with his flute is symbiotic. It's as if they are one. I've not heard flute playing quite as extraordinarily beautiful as this. It sounds other-worldly and ethereal as in the wonderful, "Abandoned Monastery." "'Blue Landscapes III: Frontiers,'" is an absolutely outstanding album filled with magnificent simplicity, softly cocooned inside incredible textures that go beyond the 'traditional colors of piano and flute.' This is one to get lost in and find yourself at the same time. Extraordinarily beautiful." – Dyan Garris READ THE FULL Best New Age CDs REVIEW
Nelsons, Vienna Phil - Beethoven Symphonies is less pompous than Karajan, more moderate than Bernstein, and of much better sound than Toscanini or Furtwangler / Jazz WeeklyPosted At : January 27, 2020 12:00 AM
As one who has an acceptable number of Beethoven Symphony collections, I've come to a certain way to "fact check" their importance. My key check points are 1) "How sweeping is the opening of the "Eroica" on the "Allegro" along with the thunderous minor chords half way through? 2) Is the "Allegretto" of Number 7 trudging agonizingly enough? 3) Is the "Allegro Ma Non Troppo"of the "Pastoral" verdant? 4) Do I need to put on a jacket for its " Thunderstorm"? 5) Do I feel like dancing during the "Allegro Vivace" of Number 4? 6) How is the sweeping of the " Allegro Ma Non Troppo" and "Molto Vivace" of Number 9? On all these points, the 5 disc and Blu-Ray Audio set by Andris Nelsons and the Wiener Philharmonicker pass with no qualms. It is less pompous than Karajan, more moderate than Bernstein's and Norrington's and of much better sound than Toscanini or Furtwangler. The strings have a rich texture and the woodwinds breeze like spring leaves. The chorus on the 9th led by Johannes Prinz is rich and with gravitas, and each symphony feels like it is to be appreciated all on its own and not part of an overall mosaic. The early pair being coy and optimistic, "Eroica" confidently explorative, 5 an early apotheosis, 6 a rest at the top, 7 vying for its due attention, 4 and 8 impressive interludes and the 9th a call to glory. This one has great flavors, never feeling like it's hinting at anyone else, and not succumbing to modern trends. DG has put itself back on the top of the Teutonic composers interpretations with this one. SEE THE Jazz Weekly PAGE
Jake Shimabukuro stops by 90.1WABE: Atlanta in advance of City Winery showsPosted At : January 27, 2020 12:00 AM
Jake Shimabukuro is a Hawaiian-born ukulele virtuoso who's been touring internationally during the last 17 years, expanding the scope and repertoire of his instrument. He has collaborated with musicians from Yo-Yo Ma to Jimmy Buffett, and is widely known as "the Jimi Hendrix of the Ukulele." The musician began playing at 4 years old when his mother gave him the instrument. Years later, he became one of YouTube's first viral stars in 2006 when a video of him playing The Beatles' "While My Guitar Gently Weeps" in Central Park was posted without his knowledge. Today, that video has gotten over 15 million views. Shimabukuro is playing with his trio Jan. 27 and 28 at City Winery. He joined WABE: Atlanta "City Lights" host Lois Reitzes in the studio to talk about his music. LISTEN TO THE SEGMENT PHOTO: CREDIT CLAIRE REYNOLDS / WABE
Paul Merkelo chats with Central Michigan Radio's 'Mosaic'Posted At : January 27, 2020 12:00 AM
Recognized among the finest trumpet virtuosos of his generation, Paul Merkelo release; The Enlightened Trumpet is his first recording for Sony Classical. Hailed as "a spectacular soloist ... a most impressive master of his instrument" (Montreal Gazette) who "knows no limits" (Der Spiegel) and with "unusual lyrical gifts" (Gramophone), Merkelo has been Principal trumpet with the Orchestre symphonique de Montréal since 1995, and has appeared as soloist with prestigious orchestras around the globe, from Melbourne to Shanghai. On The Enlightened Trumpet, Merkelo is joined by the Oxford Philharmonic Orchestra and its founder and conductor Marios Papadopoulos for four spectacular concertos by Haydn, Leopold Mozart, Telemann, and Hummel. Merkelo will be touring in the spring of 2020 with the English Chamber Orchestra featuring the pieces on his new CD and Central Michigan Radio - Mosaic host David Nicholas recently spoke with Merkelo about the recording. LISTEN p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px 'Helvetica Neue'; color: #4d4d4d} p.p2 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px 'Helvetica Neue'; color: #4d4d4d; min-height: 14.0px}
Top 10 for Jan
Colin Stetson :
Color Out of SpaceMilan Records today releases COLOR OUT OF SPACE (ORIGINAL MOTION PICTURE SOUNDTRACK) with music by GRAMMY® Award-winning saxophonist, multi-instrumentalist, songwriter and composer COLIN STETSON.
Lorne Balfe :
Bad Boys for Life OMPSSony Music today releases BAD BOYS FOR LIFE (ORIGINAL MOTION PICTURE SCORE) with music by GRAMMY Award-winning, EMMY- and BAFTA-nominated composer LORNE BALFE (Ad Astra, His Dark Materials, Gemini Man).
Ted Poor :
You Already KnowYou Already Know, the New Deal/Impulse! debut from the acclaimed drummer Ted Poor-"a trustworthy engine in countless modern-jazz settings," per the New York Times-isn't your typical jazz drummer's recording, almost defiantly so.
Robert Thies - Damjan Krajacic :
Blue Landscapes III FrontiersMindfulness music leader Real Music presents Blue Landscapes III: Frontiers, the pioneering third album in the award-winning Blue Landscapes series from internationally renowned pianist Robert Thies and flutist Damjan Krajacic.
Thomas Newman :
1917 OMPSSony Music announces the December 20 release of 1917 (ORIGINAL MOTION PICTURE SOUNDTRACK) with music by GRAMMY®, EMMY® and BAFTA® Award-winning composer THOMAS NEWMAN.
Dustin O'Halloran :
SundoorDeutsche Grammophon is proud to announce the signing of Oscar-nominated, Emmy-winning composer Dustin O'Halloran and his release of a new EP, Sundoor.
Sheku Kanneh-Mason :
Elgar w/London Symphony Orchestra - RattleAward-winning cellist Sheku Kanneh-Mason returns with Elgar, a new album of works anchored around Elgar's Cello Concerto – arguably the best-known work in the classical canon written for solo cello, which saw the 100th anniversary of its first performance this month.
Joey Alexander :
WarnaToday, Joey Alexander, the Grammy-nominated jazz pianist, composer and bandleader announces the release of his major label debut album, WARNA (Verve Records).
Andrea Bocelli :
Si ForeverFollowing over 1 million album sales of his No.
Alexandre Desplat :
Little Women OMPSSony Music announces the release of LITTLE WOMEN (ORIGINAL MOTION PICTURE SOUNDTRACK) with music by Academy Award®, Golden Globe® and GRAMMY® Award-winning composer ALEXANDRE DESPLAT.
130701 releases 'Eleven Into Fifteen' featuring - Max Richter / mxdwn.comPosted: August 22, 2016 12:00 AM | By: Admin
Classical was dead. Long operating on the bourgeoisie corners of society. Lauded only in the mythic concert halls, derided by the rock loving youth. In recent years, something finally changed, the introduction of more varied instrumentation into indie rock rekindled a long smoldering fire, and the post classical movement was born. Over the past fifteen years the 130701 imprint by FatCat Records has played a pivotal role in the burgeoning post classical scene, housing artists like Set Fire to Flames and Hauschka, creating an open space for innovative artists to explore their creativity. In honor of their fifteen year anniversary 130701 has released Eleven Into Fifteen, a satisfying hors d'ouevre and engaging collection of unnoticed unreleased oddities from iconic artists.
One of the last big standouts from the album is "Bach Study" by Max Richter. On this track, Richter takes a slow moving orchestra and turns it into something of an event, each note lingers on endlessly and deeply, reaching into the depths of the soul. About halfway through the piece a deep shaking rumble buzzes through the listeners headphones, punctuating the piece with a full and aching texture that adds so much more to the song than it has any right to and leaving a profound impact on the structure of the entire album.
Crossover Media Projects with Max Richter
Max Richter
Never Look Away OST
Max Richter's score for the 2018 drama Never Look Away is released on DG. The latest from director Florian Henckel von Donnersmarch (Lives of Others), Never Look Away is inspired by the life of artist Gerhard Richter through the story of an art student in post-war East Germany. The film was selected as the German entry for Best Foreign Language Film for the Academy Awards and stars Tom Schiling, Sebastian Koch and Paula Beer.
Max Richter
Mary Queen of Scots OMPS
Composer Max Richter has written a compelling and dramatic score for the upcoming historical drama, Mary Queen of Scots. Directed by Josie Rourke and starring Margot Robbie and Saoirse Ronan, the movie explores the turbulent life of the charismatic Mary Stuart and her attempt to overthrow her cousin, Elizabeth I, Queen of England. The lavish orchestral score features a full orchestra and eclectic vocal pieces.
Max Richter
White Boy Rick OST
Max Richter wrote the score for White Boy Rick, the story of teenager Richard Wershe Jr., who became an undercover informant for the FBI during the 1980s and was ultimately arrested for drug-trafficking and sentenced to life in prison. Directed by Yann Demange and starring Matthew McConaughey and Jennifer Jason Leigh, the film arrives in theaters September 14.
Max Richter
The Blue Notebooks
DG releases a new, deluxe edition of Max Richter's The Blue Notebooks to celebrate its 15th anniversary with brand new artwork as well as new arrangements, remixes and a previously unreleased new track. Written in 2003, The Blue Notebooks was originally composed in protest to the 2003 invasion of Iraq and features readings by Tilda Swinton of selections from Kafka's The Blue Octavo Notebooks and Czesław Miłosz's Hymn of the Pearl and Unattainable Earth.
Max Richter
The latest film from director Scott Cooper (Crazy Heart), Hostiles stars Christian Bale as a legendary Army captain in 1892 who reluctantly agrees to escort a Cheyenne chief (Wes Studi) and his family through dangerous territory. The Hostiles soundtrack features music by composer Max Richter (The Leftovers, Sleep). Richter has received both Grammy and Emmy nominations for his work in film and television. Recent awards include The European Film Academy Award for Waltz with Bashir, the International Film Music Critics Award for The Leftovers, and a German Film Award and Australian Film Critics Award for Lore.
Max Richter
Three Worlds - Music from Woolf Works
Following the success of SLEEP, Max Richter reveals his latest recording project – a new album entitled - Three Worlds: Music from Woolf Works. It's drawn from his music to Wayne McGregor's award-winning Royal Ballet production Woolf Works – inspired by the works of Virginia Woolf – and will be released on Deutsche Grammophon on January 27, 2017. Woolf Works returns to the Royal Opera House in London, with performances beginning on January 21 and continuing on February 2,4,8,11,13 & 14. There will also be a worldwide cinema broadcast on February 8 with subsequent screenings.
SYND: Classical 24, Hearts of Space, CBC
Direct: SiriusXM, MOOD, AccuRadio
Markets include: New York, Los Angeles, San Francisco, Boston, Seattle, Cleveland, Minneapolis, Milwaukee, Detroit, Berkeley CA, Albuquerque, Louisville, Hartford CT, ME(Statewide), MN(Statewide), Barcelona
INTER: Canada, UK, Spain, Romania
Online: Musicas Imaginadas, popmatters, Second Inversion, soundblab, Reviewsnewage, Russell Trunk's Exclusive, Troonradio.com, Journeyscapes, Radio Cluj, Lost Frontier, Radio Despi
Max Richter
Max Richter's SLEEP will receive its world premiere this September in Berlin, in a concert performance lasting from 12 midnight to 8am at which the audience will be given beds instead of seats and programmes. The eight-hour version will be available as a digital album, and for those who prefer it, a one-hour adaptation of the work – from SLEEP – will be released on CD, vinyl, download, and streaming formats, all through Deutsche Grammophon, on 4 September.
24 NEW - 80 Total
SYND: Classical 24, CBC
Direct: SiriusXM/Spa, MOOD
Markets include: New York, Los Angeles, Chicago, San Francisco, Boston, Philadelphia, Atlanta, St. Louis, Seattle, Cleveland, Minneapolis, Cincinnati, Portland, Detroit, Baltimore, Pittsburgh, Austin, New Orleans, Memphis, Louisville, Honolulu, Canada, UK
Online: Taintradio, Stuff.co.nz, theartsdesk.com, Passion Musique, The Quietus, MoneyTalksNews NewsonNews, The 405, Classical Music, Jackson, Daily Democrat


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And I return, a shadow on the white ground,
To your sleep that haunts my memory,
I pluck you from your dream, which scatters,
Being only water filled with light.
To mark the July 1 death of the great Yves Bonnefoy, Marc Neys A.K.A. Swoon made public what he called "an older (and personal) videopoem, never released before," featuring his own reading of Bonnefoy's poem "La Branche" in a Dutch translation by Jan H. Mysjkin with the English translation by Alison Croggon in subtitles.


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Seidenberg recognized as Special Olympics Pennsylvania health champion
Seidenberg recognized as Special Olympics Pennsylvania health champion
STATE COLLEGE, Pa. — Dr. Peter Seidenberg, a family and sports medicine physician at Penn State Sports Medicine in State College, was honored by Special Olympics Pennsylvania with its highest health honor for his work to end health care disparities for athletes with intellectual disabilities.
Special Olympics Pennsylvania awarded Seidenberg the Golisano Health Leadership Award at its annual Leadership Conference on Aug. 25 in State College. The award recognizes people and organizations that have made significant contributions to people with intellectual disabilities, going above and beyond to fulfill Special Olympics' mission.
Seidenberg first became involved with Special Olympics more than 18 years ago while stationed at Eglin Air Force Base in Florida. He served as medical director for the Northern Florida Winter Games in 2000-2002.
He continued volunteering with the organization as the Air Force moved him around the country. He developed an international standard of care for Special Olympics athletes' sports physicals and helped create the organization's concussion management and education policies.
Seidenberg serves as the team physician for Penn State's football and softball teams, as well as the director of Penn State College of Medicine's Primary Care Sports Medicine Fellowship. As fellowship director, he teaches sports medicine fellows, family medicine residents, athletic trainers and medical students how to care for individuals with intellectual disabilities.
He is on the board of directors for Special Olympics Pennsylvania and supervised an event in Philadelphia to complete physical examinations of athletes with intellectual disabilities. Seidenberg has served as medical director for the Special Olympics Pennsylvania's Summer Games and acted as team physician for Team PA athletes traveling to National Games.
Chelsea Drob, director of programming projects for Special Olympics Pennsylvania, said this is the first year the program has given out the award, and they considered quite a few prospects.
"Because of Pete's long-time involvement, we knew that he was most deserving for all of the work that he's done and will continue to do."
Award recipients from each program around the globe will be considered in a rigorous review process for a handful of international awards that will be presented at the Special Olympics World Games in March 2019 in the United Arab Emirates.
Seidenberg said it's nice to be recognized, but the real reward for him is to see others get involved in Special Olympics: "It's about the athletes we are serving."


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Product information:
At approximately half the size of the standard small rigging pulley and weighing in at only 490g (1lb), the new Compact Rigging Pulley offers a highly impressive strength to weight ratio with an 85kN (19000lbf) MBS and a WLL of 17kN (3800lbf).
The Pulley plates are made from hot forged Aluminium and it is this manufacturing process which allows such a compact pulley to boast such great strength and dynamic load bearing capacity.
Working Line (Grey Sheave):
13mm (1/2") - 38kN (8500lbf)
Topping Strop (Red Sheave):
16mm (5/8") - 74kN (16650lbf)
The Compact Rigging Pulley is fitted with a spring-lock closure mechanism.
CE 0120 Machinery Directive
Individual Serial Numbering as standard
Printed from www.iscwales.com
28/01/2020 01:58:27
International Safety Components Ltd., Unit 1, Plot 2, Llandygai Industrial Estate, Bangor, Gwynedd, LL57 4YH, United KingdomTel: +44 (0) 1248 363 110 | Fax: +44 (0) 1248 372 348 | Email: email@example.com


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Know more about this business than we do? Cool! Please submit any corrections or missing details you may have.Help us make it right
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Help Pdx is located at 10000 SW Canyon Rd, Portland, OR. This business specializes in Construction & Real Estate.
Lodgenet is located at 9900 SW Canyon Rd, Portland, OR. This location is in the Raleigh Hills neighborhood. This business specializes in Cable.


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Remember I said I was working ten shifts in a row? Well it's all done now. I expected it to be hell on toast, but as I've been getting an adequate amount of sleep, eating well and generally looking after myself, it was a breeze. In fact it was miles easier than doing a 4-day-week not so long ago.
The best part of all though was (is) the four-day weekend which I'm still enjoying now. Friday I hardly sat down and got an absolute ton of stuff done. I did a couple of errands for Steve, I had a massive clear out in the kitchen, I went shopping, I dropped off seven bags of stuff at the charity shop, I did my laundry, I cleaned Pea's cage and I vacuumed. Then Steve came over and I cooked him dinner. Phew!
On Saturday my little sister came to visit, and I was supposed to drop her off at home. As it happens her boyfriend fell off his bike and needed to go to the hospital, so I drove to hers, picked him up and then dropped them both off at A&E. That's not exactly the whole story though. He fell off about two minutes from home, did a two hour bike ride, came home, showered, cleaned his bike, then realised that his arm was most probably broken. He's one of the most educated and intelligent people I know whilst simultaneously being a complete tit. It turns out he broke the radial head in his arm (something to do with the elbow?) so no cycling for him for six weeks. It's probably for the best.
Between then and the early hours of this morning I barely moved from my desk, but that's not to say I haven't been busy.
I have a 'Project Life' photo album where I print off and keep all of my favourite shots. I love the layout and it looks great, however it's very time-consuming. First of all I decide what I want to print, specifically edit them for gloss paper, make sure I have the right number of portrait and landscape shots, then (the really fun part) I have to resize the portrait ones and stitch two together at a time in Photoshop so that they can be printed on 4×6 paper.
Let us not forget that when I collect the prints the little ones have to then be separated, plus I have to be awkward – I don't like square corners so I then use a corner punch to round them off. No really.
Since meeting Steve I have taken a lot of photos and had very little spare time, which has resulted in me being a year-and-a-half behind on my editing and printing. It took me hours, but the editing is finally done and some of the prints ordered. I only ordered 36, because that's how many prepaid print credits I had left. The rest will have to wait until I get my March pay.
Only my best DSLR shots and/or special events make it into the main album, so now I 'only' have literally thousands of phone shots to go through. I want them to be even smaller than 2×3 prints (I'll show you what I'm doing with them at a later date) so that's going to take even more editing, but I'm getting the hang of it and my workflow is, well, flowing.
I'm going to stay on top of it from now on. Honest.
This morning I was up at 6am to be at a local park for sunrise. My brother asked me if I had a camera he could borrow that would be suitable, but I knew if he just trusted the automatic settings it would be overexposed. The best solution was for me to meet him there (he cycled) so I could take the picture myself.
Unfortunately the light index was rubbish meaning that the photo isn't very interesting, but it was still sort-of nice to get out in the painfully cold fresh air. I had thermal gloves on and I swear I was on the verge of getting frostbite. It felt like it anyway.
There just weren't enough little clouds for it to be a decent shot. Ho hum.
After returning home I loaded the car up for a trip to the local recycling centre, visited the farm shop for a giant Spanish onion, super cheap sprouts, some yummy looking kale and an
argument debate at the checkout with a man who said you only see fat people at Slimming World so it can't possibly work. Then I legged it home just in time for my photography lesson.
Yep, you read that right. Some years ago I made a really excellent decision. I did a foundation diploma in photography for £20 (online) with the Shaw Academy and once I'd finished I found I'd caught the bug. I thought about simply signing up for the advanced course, but instead I bought a package which means I get access to all of their courses for the rest of my life. I think I paid somewhere between £300 and £400, and it was worth every penny just for the two courses I've done so far.
Since technology changes so fast and there's something new in the photography world every other minute, I thought it would be good to be able to revisit the course as and when I please.
When my friend asked me to photograph his wedding I logged in with the intention of redoing the advanced course, just for a refresher, but then I noticed that they do a specific course in wedding photography. BONUS!
My first lesson went brilliantly and I'm positively buzzing with excitement. Until recently I never would have considered it, but I've decided to try and do something with my skills, and already I'm seeing benefits from putting out the feelers.
I spoke to a friend yesterday who invited me to an event in Birmingham in May. Just on the off chance (because he knows A LOT of people) I asked if he knows the organisers and if he could find out whether I'd be allowed to take a professional-type camera in just for personal use. I need to practice shooting with a flash in low-light conditions because until now I've purely been in love with natural light, plus I need to start building a portfolio. He thinks that wouldn't be a problem, but even better than that, he can probably get me in for free if I agree that they can use the photos I take.
Experience AND exposure? Erm, YES PLEASE!
In addition to the photography stuff, when I'm done with the wedding course there are a ton of other courses I can take to help with the business-side of things such as promotion and whatnot.
Until now I never thought I had anything to offer in an industry that's already so competitive, but I think my style is developing and that I have something quite out-of-the-ordinary to offer.
Whatever direction I decide to go in, what I know right now is that I'm EXCITED at the uncertainty of it all for the first time in my life.
ANYTHING could happen!
Speaking of which it's time for weigh in. Talk amongst yourselves…
I lost 3 lbs! I had one of those weeks where I felt like I hadn't lost much, and I was concerned that my change in schedule over the weekend and the fact I've barely moved would have an impact but it seems I'm home and dry.
I now weigh 13st 0.5lbs and I'm tantalisingly close to being back into the 12 stone bracket. Not to worry though, I'll have that next week for sure.
Group overran this evening so I'd best get on with cooking dinner before I start trying to eat my keyboard.
Thanks for reading,
Hayley x


text: Aquabike studio Velocity in Causeway Bay brings a premium French workout experience combining cutting-edge fitness technology and luxury to Hong Kong. A state-of-the-art technological gem designed and engineered in France, the Velocity aquabike provides one of the most effective fat-burning cardio workouts in town. Each 30-minute session takes place in exquisitely furnished, private cabins available for single private cycling or duo workouts shared with a friend via connected cabins, with the potential to burn 300 to 500 calories, equivalent to that of a Pilates class or brisk jog.


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The Crucible
What conflict does john proctor face at the end of the act?
"the crucible" Act 2
"the crucible" Act 2
John Proctor is torn because he needs to speak out against Abigail, it's the right thing to do according to his moral code. He also knows that if he does, she will reveal that they had an affair to everyone.


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The Austrian artist Gustav Klimt is now considered one of the most influential artists of the late 19th and early 20th centuries. At the time, however, his work was highly controversial thanks to its sensual and erotic nature! His beautiful expressionist paintings offer so much more than a peek of bare flesh though, with their signature spiral patterned surroundings, vivid use of colours and tender qualities.
In fact, Gustav Klimt paintings would today more likely be considered romantic than overtly shocking, with famous works such as 'The Kiss' and 'The Virgin' gracing boudoirs around the world. Choose your own dream-like Gustav Klimt prints for your home and you'll be treating yourself to stunning art with new and interesting details to notice every day…
Gustav Klimt has created many much-loved portraits. His flowing figures and gentle faces often appear to float through a beautiful, other-worldly background. His paintings range from innocent scenes such as 'Mother with child' to more sensual images, such as 'Water serpents II' and 'Nuda Veritas'. His use of golden tones gives many of his portraits a distinctive glow.
It was his nude portraits that caused such a stir during his lifetime, but Gustav Klimt also created some gorgeous expressionist paintings of the natural world. Rather than accurately capture the details of the landscape, he instead evokes the feeling of being right there yourself. Stroll through the woods on an autumn day in 'Beech Forest I', breathe in the heady fragrance of summer flowers in 'Garden with Sunflowers 'or listen to the gentle ripples of the waves 'On Attersee Lake'. Choose a print to complement your colour scheme or simply go with your gut and choose your favourite Gustav Klimt!
With a little thought, you can enhance the finish of your Gustav Klimt print by choosing the perfect material for it. Of course, nothing gives your pictures that authentic museum style better than printing on canvas and framing in a floating shadow frames. However, the bold colours in many of these images would look wonderful printed on acrylic glass for a glossy in depth effect or slender aluminium for a colour intensive finish.
If your budget is tight then high-quality photo paper gives a great finish – and you can even frame it for a more luxurious and professional effect. They are so affordable you can splash out on a whole range of prints!


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American Bar MS River Island
Located just south of the Mississippi River bridge at Greenville is the historic American Bar.
1638.5 surveyed acres on the east side of the river. Located in both Mississippi and Arkansas, American Bar is a true river hunting experience offering deer hunting, duck hunting, dove hunting, boating and fishing.
Access to the island is by boat from the three-public boat launches on Lake Lee. The nearby Harlow's Casino Resort and Spa on the Mississippi side of the river offers overnight accommodations, dining and entertainment as well as delta cuisine dining at famous restaurants located in Greenville. $3,195,075.00
Contact: J Parker Sartain 601-506-2398
Farmland is a limited resource and helps in establishing quality products that meet the growing demand for food and fiber. Sartain's Heritage Properties knows that high-quality farmland is one of the world's most valuable assets and works to locate and achieve our client's goals in farmland investment.
Sartain's Heritage Properties offers a wide variety of exceptional Farms for sale in Mississippi & Arkansas
Surging global population growth is fueling an increase in Farmland investments. In September 2012, world food prices hit record highs, according to the United Nations' food agency. Expert annalist say there's no end in sight to this demand which is the driver behind farmland investments.
No surprise then that legendary commodity investor Jim Rogers is gung-ho about farming. He thinks farmland is undervalued, and it will be an investing sweet spot for the next two decades, according to a talk he gave at a 2012 Global AgInvesting Conference in New York.
Investors are often drawn to farmland based upon its cash flow potential (rents or crop yields) in addition to its capital appreciation. Additionally, many investors who are seeking less exposure to paper assets often find that farmland offers the type of diversification that they desire.
Sartain's Heritage Properties offers the highest-quality hunting lands for sale. The properties we offer often have had years of management and time to mature a premium recreational investments.
Many of our recreational properties have been managed for top- quality deer, duck and turkey hunting for years.
We always have premium duck hunting land for sale in Mississippi listed on our website and pride ourselves in only having the highest quality there is. The turkey and deer hunting properties we have go from the Delta Hardwood Bottoms to The Pine Belt Hills.
Sartain's Heritage Properties has a variety of hunting properties that are home to quality wildlife ready and waiting to challenge your hunting expertise. Contact us today and let us help you find the hunting land of your dreams.
Sartain's Heritage Properties understands the importance of timberland as an investment, and ensures that their clients are getting the most from their investment dollars by offering its clients quality timberland investment properties to enhance their client's financial return on investment.
Timberland investment returns are primarily driven by the growth and harvesting of timber and by changes in the value of the underlying lands upon which that timber is being cultivated. As an asset class, timberland offers particularly attractive features that long-term investors view as highly beneficial.
Among other things, it has provided competitive returns relative to its historic risk profile - and these returns compare favorably with those of many traditional asset classes, including stocks, bonds and real estate.
In addition, because of its unique attributes, timberland often performs differently than securities and other financial assets, which means it offers excellent opportunities for improving overall portfolio diversification.


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Hide Forgot
From Bugzilla Helper:
User-Agent: Mozilla/5.0 (X11; U; Linux i686; en-US; rv:1.7.8) Gecko/20050524 Fedora/1.0.4-4 Firefox/1.0.4
Description of problem:
Deleting files within K3b sends the files to /root/.local/share/Trash/files which took some time to find. Maby the files could actually delete or go to the GNOME trash can?
Version-Release number of selected component (if applicable):
How reproducible:
Steps to Reproduce:
1.Run K3b burning sofware
2.Delete some files by hitting "Delete" on your keyboard
3.Where did they go, I wonder, my disk space is still occupied.
Expected Results: Delete the files after asking for confirmation.
Additional info:
This report targets the FC3 or FC4 products, which have now been EOL'd.
Could you please check that it still applies to a current Fedora release, and
either update the target product or close it ?
Files deleted in K3B don't show up in desktop trash-can. Instead, if I trashed
something in /DRIVEMOUNT/FEDORADOWNLOADS/ the trashed files showed up in
/DRIVEMOUNT/.Trash-root (username was root) or /DRIVEMOUNT/.Trash-0/files
So, the problem continues with FC6 release.
Actually I tested on FC5, I'll report back when I have tested on FC6.
Tested with FC6, still the deleted files won't go into the gnome trash can but
to a folder like /DISK1/.Trash-0/
Fedora apologizes that these issues have not been resolved yet. We're
sorry it's taken so long for your bug to be properly triaged and acted
on. We appreciate the time you took to report this issue and want to
make sure no important bugs slip through the cracks.
If you're currently running a version of Fedora Core between 1 and 6,
please note that Fedora no longer maintains these releases. We strongly
encourage you to upgrade to a current Fedora release. In order to
refocus our efforts as a project we are flagging all of the open bugs
for releases which are no longer maintained and closing them.
If this bug is still open against Fedora Core 1 through 6, thirty days
from now, it will be closed 'WONTFIX'. If you can reporduce this bug in
the latest Fedora version, please change to the respective version. If
you are unable to do this, please add a comment to this bug requesting
the change.
Thanks for your help, and we apologize again that we haven't handled
these issues to this point.
The process we are following is outlined here:
We will be following the process here:
http://fedoraproject.org/wiki/BugZappers/HouseKeeping to ensure this
doesn't happen again.
And if you'd like to join the bug triage team to help make things
better, check out http://fedoraproject.org/wiki/BugZappers
This bug is open for a Fedora version that is no longer maintained and
will not be fixed by Fedora. Therefore we are closing this bug.
If you can reproduce this bug against a currently maintained version of
Fedora please feel free to reopen thus bug against that version.
Thank you for reporting this bug and we are sorry it could not be fixed.


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Inventory control isn't a challenge faced only by warehouses and retailers. Most small businesses have physical assets they rely on to facilitate processes or create products. Whether a company handles a few hundred or hundreds of thousands of assets, inadequate inventory control leads to disorganized workflows, wasted time, and unnecessary delays. Asset tracking provides a foundation for better inventory control, simplifying several challenges associated with managing inventory.
Inaccurate Forecasting
Forecasting is one of the biggest challenges faced by businesses. Many business outcomes rely on accurate forecasting. With inventory shortages, teams lack the supplies to fill orders. Backorders lead to unhappy customers, and then customer service representatives must come up with acceptable resolutions to keep customers satisfied and coming back. In other words, these situations can impact the entire organization.
Asset tracking streamlines forecasting by maintaining precise inventory counts in a central database, along with historical data, previous orders and other information. Every bit of data is at your fingertips, enabling you to identify trends and make more accurate predictions to meet demands. That means you're not stuck with unused surplus that's taking up valuable space, but you're not short on needed supplies.
Poor Inter-Departmental Communication
With employees bearing ever-increasing workloads, it's not surprising that lapses in communication lead to mishaps. If management decides to switch vendors for a particular product, for instance, but that news never trickles down to the person responsible for placing orders from one department, a purchase could be made from the wrong supplier. These issues are easily avoided with an asset tracking system. Since inventory is documented and managed from a central database, any authorized employee can pull up the most recent data in seconds.
Under ordinary circumstances, an executive may have to wait for his administrative assistant to look up the right information and compile a report needed for a meeting. Some asset management software applications offer report-generating capabilities, enabling users to generate a variety of views in just a few clicks. Others offer asset tags compatible with a variety of asset management software applications, enabling businesses to easily implement comprehensive inventory control procedures without complicated setup.
Regulatory Compliance
Many industries are regulated by federal agencies that develop standard rules and guidelines to even the playing field, minimize risks and mandate minimum performance levels. Organizations under regulatory oversight are faced with constantly changing rules and strict penalties for non-compliance, including the potential loss of valuable government contracts.
Regulatory guidelines may mandate minimum inventory levels for safety supplies, for instance. Some inventory must meet safety standards or undergo inspection. Ensuring that these regulations are met on an ongoing basis is a challenging task for organizations handling sensitive inventory or large quantities. In some cases, regulatory agencies conduct periodic inspections of facilities and observe operations without notice.
One glitch in inventory control as a result of poor documentation can have serious consequences. Asset tracking makes it easy to monitor the status of inventory as it makes its way through an organization. Some asset management software programs can be configured to flag tasks or issue notifications when an asset's record doesn't indicate that all requirements have been met. Asset tracking serves as a valuable safeguard not only for maintaining compliance, but avoiding errors that could potentially impact safety.
Sudden Rush Orders Create Chaos
A large, sudden rush order often leaves teams scrambling to put last-minute plans in place. Without an organized asset tracking system, employees may not have immediate access to asset allocation information. That means in the rush of trying to fulfill a last-minute request, inventory actually intended for another project might be shifted to meet the immediate need, creating a domino effect of disrupted schedules across the company.
Asset tracking enables inventory managers to assign inventory to specific projects. When another employee pulls up the database it's immediately clear that the current inventory has already been allocated elsewhere.
Inventory control is much more than a mere running count of all the physical items in the building. For many businesses, every facet of the company depends on adequate inventory. The ability to accurately forecast shifting demands and new opportunities is a competitive edge, facilitating the ability to scale operations or change direction on a dime. In the modern world of business, precision, efficiency and accountability is often what sets one company apart from the rest.


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About Us
Rodents on the Road, LLC Rodents on the Road, LLC was founded in 1992. As a family owned and operated business that started in a garage with only 3,000 breeder rodents, it has grown and now occupies over a 50,000 square foot facility.
Owners, Jessica and Craig, are completely involved in every aspect of the breeding, packaging and the shipping process.
Our attention to quality breeding is what has set us apart from other breeding facilities. Our team of dedicated staff helps to provide a friendly and safe work environment.
Our large facility allows us to serve all of your feedstock needs uninterrupted while our fast turnover rate insures you are only getting the most recent stock.
We have set a goal to be the industry leader in rodent and insect feedstock supply. We take great pride in the raising, packaging and transportation of all of our feeder animals.
Rodents on the Road future is indeed bright... With another 50,000 sq ft facility available for expansion, R.O.R. will not only reach its goals, but exceed them. Our ability to supply feedstock will be unmatched in the industry. Not only can we supply you with Rats, Mice, but we also have plans to begin supplying crickets in the near future. We want to provide you with a "one-stop" location for all of your feeder needs.


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I am Stephen Hall and I go by logicalsec on twitter. I got some certifications which in the grand scheme of things don't really matter. I work in the InfoSec industry doing whatever projects come my way. I am the owner of a Santa Hat that gets worn a lot outside of the Christmas season.
Selfless promotion I helped write a script call Yasuo, you should check it out, or at least check out my post on what it does.
Published on Sunday 8 February 2015 by Stephen Hall


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About me
Anyone that knows me, knows that I am obsessed with my family and I base every decision that I make with their best interest at heart. It is for this reason that my husband and I made the decision for me to be a stay at home mom almost two years ago. It was the best decision that we have ever made! We decided to homeschool our girls and move forward with our photography business all with the hope of spending as much time together as possible. I feel that these moments are so temporary and fly by so quickly and I just want to indulge in this moment in our lives as much as possible.
Being a stay at home mom, contrary to popular belief, isn't a walk in the park especially when you are homeschooling and running a business. I find myself being more frugal these days and I actually love it. It has awaken new qualities in me that I never knew that I had. I've become an event planner, teacher, DIY queen and I must say I make some of the best birthday cakes ever. Please excuse my mommy ego but I have to say being a stay at home mom has given me such a high self esteem and has been the most rewarding job I have ever had.
I am no saint by far. I have a few little guilty pleasures here and there. My husband will tell you that I love love love chocolate and sometimes I need a little Kit Kat to get through my busy hectic day. I have to admit that I am a reality tv junky and I start a diet every Monday that I normally reevaluate by Tuesday ;-) . I love photography and shooting weddings with my, oh so hot, husband. I love the outdoors any activities that involve water!
My goal for this blog is to share best practices, ideas, DIY creations, activities for the little ones, our homeschooling journey and resources that will simplify your life. I want to share ideas for how to accomplish all of this without neglecting the hubby or yourself. I want this to be a platform where we can all discuss openly about our frustrations, concerns, laughs, experiences and accomplishments.


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I've always been incredibly flattered to have the opportunity to carry Headbands of Hope headbands in the shop, as they're so much more than a beautiful accessory to complete your favorite outfit; they're a way to give back to those undergoing an admirable fight with cancer. For each headband sold, one is donated to a child with cancer, and $1 is donated to Childhood Cancer Research. Specifically speaking for M of Hope, headbands are donated to the Cleveland Clinic Children's Hospital and Rainbow Babies and Children's Hospital.
I love watching women, both undergoing treatment and those who are avid fans of the company, shop the latest and greatest headbands and clips in the shop, and the instant confidence and smiles the headbands bring to them.
Each month I host the event Beautiful IS Bald in the shop (if you haven't attended one just yet, you need to join us for the next one- this is an order!). This past month was extra special as it was not only the two year anniversary of the shop, but two years for Beautiful IS Bald, too! The theme was "Cheers To Two Years!" and Headbands of Hope graciously donated floral crown headbands to the women who stopped in and attended the event. The generosity of this company is humbling, and I can't believe they did something so selfless to those fighting the good fight.
I have said this time and time again, but what makes this particular event so special is seeing the women come into the shop looking a little defeated. They spend time with all of the women who help to make this event so special, and a transformation takes place right before our very eyes- they are smiling, laughing and are exuding absolute beauty.
With the donation of the floral crown headbands, there were smiles galore, all evening long!
Be sure to join us at the next Beautiful IS Bald, taking place Monday, March 27 from 5:30 – 8:30pm at M of Hope, and be sure to stop in, visit with me and shop the latest from Headbands of Hope!
*Photos by Amy of Facet Photography.*
*Special thanks to Jessica of The Style Nook who styled all of those who attended the event with their Floral Crown Headbands*


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Requirements for a Pennsylvania Will
In Pennsylvania, anyone who is a legal adult of at least 18 years of age and of sound mind may make a will that will be recognized in a Pennsylvania court. To be "of sound mind," you only need to understand what your last will does and to whom it leaves your property, whether you choose individual people, charities or some combination of the two, according to the Pennsylvania Probate Code. It must also be signed by the testator, or person who wrote it, and by two witnesses who saw the testator sign the will.
Purposes of a Pennsylvania Will
As in all other states, a will in Pennsylvania may be used to indicate who should receive your property after you are gone. You may also name certain people to carry out specific duties after your death. For instance, your will may name an executor who will be responsible for wrapping up your final bills and distributing your estate to your beneficiaries, and you may name a guardian for your children if they are under age 18 when you die, according to the Pennsylvania Probate Code.
Requirements of a Pennsylvania Power of Attorney
Pennsylvania allows its residents to give someone power of attorney in case an accident, injury or illness leaves them incapacitated. The grant of power of attorney must be in writing, and you must sign it, along with at least one witness, according to Drexel University. You may use the power of attorney form provided by the state of Pennsylvania, or you may write your own power of attorney form. The person you name must be at least 18 years old and of sound mind when the time comes for him to use his power of attorney on your behalf.
Purposes of a Pennsylvania Power of Attorney
Giving someone else power of attorney allows them to manage your affairs if you become incapacitated. The person with power of attorney may make medical and legal decisions on your behalf and manage your finances. Although you can leave certain instructions for the person with power of attorney in your living will, Pennsylvania law does not require your power of attorney to follow your instructions, according to Drexel University. Therefore, it is wise to choose someone you trust to carry out your wishes if you are unable to express them. A power of attorney does not survive your death in Pennsylvania, but you may give power of attorney and the power to act as executor over your estate to the same person.


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Our Community Features
Nestled in Phoenix's Squaw Peak Mountain Preserve
A Friendly Community Between Biltmore and Squaw Peak
The Oasis In The City Apartments provide traditional Southwest Courtyard living at it's finest.
Built with brick walls and 4 inches of concrete between floors so it stays quiet.
This is a Phoenix uptown neighborhood that is vibrant and convenient. For people seeking a central location and great neighbors, this is one of the best.
Large shade trees filled with native songbirds compliment the peaceful atmosphere. Nestled within the Biltmore and Camelback corridors, this location provides access to both uptown and downtown. Within a two block walk of the Oasis one will find over fourteen fine restaurants, dozens of specialty shops, markets and delicatessens.
Exterior Photos
~ Click to Enlarge Photos ~
Call us for a tour today!
Rental Office (602) 241-9551


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A new Politico article discusses "Obama's red line" in Syria. The gist of the story is that both Hillary Clinton and Donald Trump encouraged Obama not to attack Syria, despite saber rattling by others. And now, Syria has been the main foreign affairs story in the news this year. Let's begin with excerpts from that story.
The Democratic nominee played a surprising role in deciding not to bomb Syria, but her rival also supported the president's decision. . .
"She was there as Secretary of State with the so-called line in the sand," Trump said, in an apparent reference to what is usually called Obama's "red line"
"No I wasn't. I was gone," Clinton protested. "At some point we need to get the facts out."
But the facts are less convenient than either Clinton or Trump suggested.
Although she was a private citizen at the time, Clinton did play a supporting role in the red line saga. . .
She issued several public statements supporting Obama. . . at the time he urged Obama in a tweet not to follow through on his threat to bomb Syria.
President Obama, do not attack Syria. There is no upside and tremendous downside. Save your "powder" for another (and more important) day!
— Donald J. Trump (@realDonaldTrump) September 7, 2013
Actually, Obama never had any intention of bombing Syria. But his mistake was to say, repeatedly, "Assad must go." What does that even mean? How would that work? Apparently, Obama was trying to encourage the rebels, while warning Assad that the United States was against him.
Other than that, Obama has agreed with Trump—that the United States should not be in the business of "nation building," and that we should not be involved in foreign civil wars. The problem is that the media, then politicians, and the public has totally misinterpreted what Obama said in his "red line" comment. So let's take a look at that.
This is what Obama actually said:
We have been very clear to the Assad regime, but also to other players on the ground, that a red line for us is we start seeing a whole bunch of chemical weapons moving around or being utilized. That would change my calculus. [Emphasis added]
The statement was made in an impromptu news conference. The first question was about Missouri Republican Todd Akin's comment on assaults on women, and whether he should drop out of the race. That was followed by two questions about Mitt Romney and the 2012 campaign. Then a question about Afghanistan—and finally, the question about Syria—but coupled with a question about Mitt Romney's tax returns.
The two final questions were about whether Syria's chemical weapons were safe (presumably from rebels, who might get to them). That is the context of Obama's response. And note that even his "calculus" would not change unless there were a "whole bunch of chemical weapons" involved.
The idea that ANY use of chemical weapons would trigger a US response was never suggested by Obama. The "red line" only referred to MASSIVE use or movement of chemical weapons—by either side. It was not just directed at Syria, but also, "other players on the ground." Clearly, this was not about Assad, it was about massive use of chemical weapons by either side.
After there were reports of minor use of chemical weapons in Syria, there was a crescendo of criticism and complaints that Obama should attack Syria. Obama tried to quell the storm, but finally did exactly what people have been saying presidents should do—ask for approval by Congress. Clever move, since they all wanted to complain, but nobody wanted to be responsible for yet another war—"Authorization of Force."
World politics are always very complicated. Every comment or action can cause a wide ranging effect. That's why it's best not to become involved, if not necessary. Likewise, politics often "makes strange bedfellows." Often the enemy of your enemy becomes an ally.
Even then, the world's main enemy was—and is—ISIS, not Assad. Just like Saddam Hussein was doing us more good than bad when he was in power. He was a secular leader who was the sworn enemy of al Qaeda and other extremists.
We should have left him in place. Likewise, we should have aligned with Russia from the outset to attack radicals who were attacking Syria. If that meant stabilizing the Assad regime, so be it.
If we had worked along side Russia, we could have been allies. And we would have been in a position to convince them to moderate their activities elsewhere, as well.
The whole chemical weapons issue was finally resolved by a UN resolution on the destruction of Syria's chemical weapons. US war averted.


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Email Version, Section 1, Tuesday 03/06/2001
The SplitTrader.com Newsletter Tuesday 03/06/2001 1 of 1 Copyright 2001, All rights reserved. Redistribution in any form is strictly prohibited. - Your World Leader for Trading Stock Splits on the Internet - Posted online for members at: http://www.SplitTrader.com To view this email newsletter in HTML format with imbedded charts and graphs, click here: http://www.splittrader.com/htmlemail/030601_1.asp ================================================================ In This Newsletter: =================== Market Commentary - Baffling Bounce Definition of the Day Tuesday's Split Announcements - None Wednesday's Expirations Plays - New - Updates - Drops Wednesday's Play-of-the-Day - IGT ================================================================== Market Commentary ================= Baffling Bounce Can I get a side of doubt with that rally? Rather than buy on the NASDAQ bounce today, many investors chose instead to sit back and do some head scratching, contemplating whether or not this was just another head fake, dead cat bounce, or sucker rally. No matter what you choose to call the bounce that we saw today, few can argue against the fact that an oversold rally was far overdue. Today was the type of day on Wall Street that brought out prophets from both the bull and the bear camps. The bulls were of course trumpeting the fact that the semiconductor sector (SOX.X) was able to rally in the face of more bad news. After all, stocks rallying on bad news is a sure sign of a bottom, right? Well, nothing new here. We've all hear this reasoning from the bulls before, but nonetheless it was at least a hopeful sign that was indeed heartening enough to bring some of that sidelined cash back into the market. The bears, on the other hand, were growling about the continued poor fundamentals and lack of visibility. They also argued that this rally was a combination of short covering and relief of a technically oversold condition in the market, especially the NASDAQ. The big question is whether or not the NASDAQ can string together three up days in a row. Although not technically significant, a NASDAQ hat trick would go a long way towards restoring battered egos and may just serve to encourage a more believable upside move in the NASDAQ. Today's Markets Many a sector saw good buying interest today, which was a sign that new money was coming into the market, rather than the musical chairs, sector rotation that we have been witnessing for so long now. The NASDAQ (COMPX) opened up 60 points today and put in what can be dubbed a "strong" session. That is until it proceeded to sell off into the close. The sell off was yet another sign that investors continue to sell into strength but we will take solace in the fact that the NASDAQ held onto most of its gains on the day. The index closed up 61.51, or 2.87%, finishing at 2204.43 on volume of 1.9 billion shares. Another good sign for the NASDAQ is that advancers trounced decliners 2303 to 1403. Over in the DOW (INDU) things were not as exciting, with the average moving up 28.92 to 10591.22. Volume came in at 1 billion shares on the NYSE and advancers edged out decliners 1854 to 1193. The DOW suffered from a basic lack of buying interest in the tobaccos, drugs and financials. Phillip Morris (NYSE:MO) finished down $0.50 to $48.83, Merck (NYSE:MRK) dropped $2.08 to $77.45 and American Express (NYSE:AXP) lost $0.30 to $42.99. Treasuries edged higher today, gaining a foothold after slipping for the past two sessions. The 10-year note closed up by 3/32 to yield 4.97% while the 30-year bond gained a mere 1/32 to yield 5.375%. We also saw the release of the revised fourth-quarter productivity numbers this morning. Productivity was revised lower, from a rise of 2.4% to a rise of 2.2%. This may indicate that some companies had turned away from utilizing high tech solutions in order to preserve capital in light of the economic downturn. Stocks and Sectors on the Move As mentioned, the semiconductor stocks continued to dig themselves out of a hole despite sweeping downgrades across the sector. The chip sector (SOX.X) took revenue warnings from Xilinx (NASDAQ:XLNX) and Varian Semiconductor (NASDAQ:VSEA) in stride and coasted right through a profit shortfall warning from TriQuint Semiconductor (NASDAQ:TQNT). The SOX.X gained 33.92 on the day to close at 646.26, continuing to bounce off the December lows. Some movers within the sector today include Intel (NASDAQ:INTC) up $1.13 to $31.50, Texas Instruments (NYSE:TXN) up $1.40 to $36.10, Xilinx (NASDAQ:XLNX) up $1.94 to $45.19 and KLA-Tencor (NASDAQ:KLAC) up $3.25 to $45.00. Another sector that moved higher today despite bad news was the brokerage sector as measured by the AMEX Broker/Dealer Index (XBD.X). Salomon Smith Barney lowered its first-quarter estimates on Lehman Brothers (NYSE:LEH), Merrill Lynch (NYSE:MER) and Goldman Sachs (NYSE:GS), basing their decision upon a weak February for the firms. LEH gained $1.81 to $70.10, MER added $1.10 to $60.88 and GS popped $3.20 to $95.35. The XBD.X closed higher by 13.94 to 529.53 after finally finding support at the 510-level recently. Keep in mind; this index was at 650 just over a month ago. Hardware stocks also kicked it into high gear today. The Hardware Index (XCI.X) vaulted 37.18, or 6.9%, to close at 867.09. Contributing to the bounce were shares of Dell Computer (NADSAQ:DELL), which rocketed $2.75 to %26.19, Compaq (NYSE:CPQ) which gained $2.10 to $22.17 and Apple Computer (NASDAQ:AAPL), which added $1.13 to $21.50. Looking Forward, Always Forward Wednesday we get the Consumer Credit number released at 3 p.m. ET. Investors will be looking to see that the consumer is still spending and not pulling a deer in the headlights due to the market being down so much. Economists expect consumer credit for February to come in at $5.3 billion. While digging and sifting for signs of a turnaround, I noticed a positive divergence in the SOX.X and the COMPX. While the COMPX has been steadily making new lows, the semis have found support and have bounced higher. I have spoken in the past of the importance of the SOX.X as a leading indicator of the COMPX. The SOX.X was the first tech sector to recover at the market bottom of October of 1998 and the first to roll over in March of 2000. Chart of the Semiconductor Sector Index: The above chart shows a noticeable improvement in the SOX.X, whereas the COMPX below is obviously still struggling. Chart of the NASDAQ Composite: Although I am in no way convinced that we have seen a bottom in the NASDAQ, I do freely admit that more signs of a bottom are showing up each and every day that we spend time at these Death Valley-like levels. For example, the average investor is now looking to short stocks, the drugs are finally selling off when tech goes up and yields on the 30-year bond look like they have found support that dates back to late 1999. Craig Seidler Assistant Editor www.SplitTrader.com ************************Advertisement************************* What will your strategy be for 2001? The VRTrader.com Annual Forecast Model Your road map to the 2001 market! Forecast is prepared by Mark Leibovit, the #1 market timer in the nation. Mark is Chief Market Strategist for VRTrader.com, a Premier Investor Network website, a technical consultant and former 'Elf' on Louis Rukeyser's Wall Street Week for 7 years. His Annual Forecast Model has been subscribed to by Wall Street's most elite. Mark is presently ranked #1 timer in the nation by TIMER DIGEST and #2 on AmericasBestTimers.com. Order your today! click here: http://www.sungrp.com/tracking.asp?campaignid=1730 ************************************************************** Definition of the Day ===================== Lockup Period A period of time in which an investor is restricted from selling a specified investment. For the complete definition, please go to: http://www.splittrader.com/glossary/viewglossary.asp?glossaryid=211 Tuesday's Split Announcements ============================= None ======================================= Wednesday's Expirations by Payable Date ======================================= ChoicePoint Inc. (CPS) splits 3:2 *************************ADVERTISEMENT********************* Have you wanted to learn to trade options but didn't know where to go. OptionInvestor.com is the place. Option 101, Ask the Analyst, Trader's Corners all articles to teach you how. Learn how to do it. Get a two week free trial from OptionInvestor.com http://www.sungrp.com/tracking.asp?campaignid=1741 ************************************************************ ===================== SplitTrader.com Plays ===================== The PLAY LEGEND: SplitTrader.com Play Recommendations. Updates are just that - updates on continuing plays New plays are brand new for the newsletter. Closing plays are plays that we feel have lost the advantage. You will see: Stock Symbol, Company Name, Closing Price, (change for the week) Picked at date and Change since picked Terms: BoD = Board of Directors meeting ADV = Average Daily Volume dma = daily moving average On the SplitTrader.com website we have very detailed profiles for the stocks we play. Please take the time to visit the site and look up a stock's profile if you are interested in more information. ================================================================ ========= NEW PLAYS ========= NEW SPLIT RUN PLAYS 03/06/01 ============================ None NEW SPLIT CANDIDATE PLAYS 03/06/01 ================================== WFT - Weatherford International $56.80 +1.24 (+2.80) Weatherford International. is a leading provider of oil and natural gas drilling and production equipment and related services. WFT has gained over 78% after hitting a relative low of $31.75 on November 30th. The stock hit its all-time high on Tuesday, and we believe that it could be ready to move even higher. The oil drilling equipment sector currently has strong momentum and WFT should continue to move with the rest of the group. We are also looking for a split announcement with the April earnings release or out of its next BoD meeting. The company has enough shares for a split, with 250 million shares authorized and 110 million shares outstanding, and the stock is currently trading at historic split levels. The company's last split was a 3:2 when the stock was trading in the $45-$50 range. Going forward, WFT has support at Tuesday's intra-day low of $55.50 with stronger support at $54.15, the 5-dma. There is light resistance at Tuesday's intra-day high of $57.20. A move above $57.20 could send the stock up to $58 or $60. Traders should be looking for a bounce off of $55.50 or a breakout above $57.20 on midday volume of at least 750,000 shares before opening new positions. We plan to place stops at $52 to limit potential losses. Picked on March 6th @ $56.80 Change since picked +0.00 Stop Loss @ $52.00 NEW MOMENTUM PLAYS 03/06/01 ============================ None ======= UPDATES ======= SPLIT RUN PLAY UPDATES 03/06/01 =============================== BAX - Baxter International Incorporated $94.43 -0.77 (+1.10) Baxter's big gamble in biosciences is giving investors more bang for the buck. The firm recently reported fourth quarter earnings per share growth of 15%, in-line with expectations. In addition, sales growth was strong across all divisions and is accelerating. The company has now recorded eight straight quarters of good results and the outlook continues to be positive. What's more, it looks like momentum players are starting to jump back on the bandwagon. Looking at the chart, we're pleased with the early week success of BAX shares, which broke sharply through resistance on Monday with a strong advance of 4.09 points! The stock normally trades around 1,949,590 shares based on a three- month average, but Monday's breakout came on volume of only 1,511,000 shares. This is of some concern to us, so what we'd like to see now is for volume to build as the stock attempts to make further highs later in the week. With that said, we'll look for initial resistance to come at the $95 mark, bolstered by the all time high of $95.20. Look for a much swifter barrier to follow at the century mark, which may be a good level to lock in gains. Support will come at the February 21st intra-day high of $93.16, with additional support at the 20-dma of $90.04. Look to time entries when BAX shares bounce off of support or break above $95 on volume of at least 900,000 shares by noon. We plan to place stops at $98.50 to limit potential losses. Picked on March 1st @ $92.61 Change since picked +1.82 Stop Loss @ $89.00 === LTR - Loews Corporation $111.53 +1.02 (+2.42) Loews Corporation, a holding company with majority stakes in the insurance, cigarette, hotel, oil, and clock industries, is hitting some resistance after reaching a new 52-week high of $111.76 last week. On Tuesday, shares of LTR fell to an intra-day low $109.90 before recovering later in session. The stock closed at $111.53 on volume of 416,000 shares. LTR continues trend higher as we approach the 2:1 split, payable on March 20th. However, the stock is up 13% in just seven sessions so it may need to consolidate before it moves higher. For now, LTR has support at Monday's intra-day low of $110.10 with stronger support at $109.43, the 5-dma. Resistance is holding steady at Friday's intra-day high of $111.76 and then the 11/5/97 intra-day high of $113.87. Traders may consider entry points on a bounce off of $110.10 or a breakout above $111.76 on volume greater than 225,000 shares by noon. We have moved our stops up to $109 to lock in profits. Picked on February 27th @ $106.40 Change since picked +5.13 Stop Loss @ $109.00 === GVA - Granite Construction $35.08 -$0.02 (-$0.18) This week Granite has hardly moved after finishing last week on such a strong note. On Monday the stock traded on better than twice its normal volume but only moved $0.75 for the day. Tuesday saw 83,000 shares change hands, slightly higher than the three- month average of 73,000. On a technical note, GVA may be in the early stages of forming a flag or pennant formation. If this is confirmed, we'll be watching for a breakout, as this split run play moves closer to its ex-date in April. For now, we will be watching for another break higher coupled with good volume. Those traders considering a new play on GVA might look for volume to exceed 60,000 by midday and the stock to climb through resistance on a volume surge. A bounce off support might also trigger a possible entry point. Since the follow through from last week's new high has been weak, we are going to tighten our stop on this play to $33.50 to lock in a profit should the stock turn south. Picked on February 25th at $33.07 Change since picked +2.01 Stop Loss at $33.50 SPLIT CANDIDATE PLAY UPDATES 03/06/01 ===================================== AYE - Allegheny Energy Incorporated $47.00 -0.01 (0.00) As deregulation spreads across the country, Allegheny has a three- pronged strategy to gain more share of the energy market and increase its total plant production to 9,600 MW's by 2003. The whole idea is to boost AYE's profitability by enlarging its already sizeable generating business, offering bundled energy services, and venturing into distributed power generation. Shares of the Maryland-based company continued to form a long consolidation base near the $47 mark today, and lost just one cent during the trading session. During today's trading activity, the stock gave a sharp intraday bounce off the 30-dma ($46.30) and formed a bullish hammer candlestick formation. A hammer formation frequently marks the bottom of a move and gives us hope of a near-term turn around. Still, what has really captured our attention has been the lightness in volume over the past three trading days. The stock's three-month average volume is 682,363 shares per day. However, over the past three sessions, AYE has logged an average of just 215,000 shares. We feel this is an excellent sign of a lack of sellers in the stock. With this in mind, we'll look for an upside move to encounter resistance at the 10-dma of $47.50 and then at the $49 mark. Support comes in at the 30-dma of $46.30, bolstered by intraday lows. Look for entries to come when the stock breaks above resistance or bounces swiftly from support on strong volume of 350,000 shares traded by noon. We'll continue to hold a firm stop at $45.94. Picked on February 22nd @ $48.22 Change since picked -1.22 Stop Loss @ $45.94 === IGT - International Game Technology $56.59 +0.81 (+2.90) Value investing in the technology sector was the dominant theme of the day. However, this did not stop momentum traders from continuing to express interest in IGT. The stock of this leader in the casino gaming equipment business was bolstered by some bullish comments from Robertson Stephens, which has raised its earnings forecast for fiscal 2001 to $2.60 and to $3.00 for 2002. Previous estimates were calling for profits of $2.55 and $2.85, respectfully. The research firm added that the stock could drive past $70.00 over the next 24 months. Earnings estimate increases are exceedingly rare these days and IGT has been partially rewarded for its ability to grow during these difficult economic times. IGT ignored the late day profit taking and closed right at its newly established all-time high of $56.59. This fact means that there is an absence of overhead resistance, and a positive open tomorrow could easily result in an extension of the stock's gains. The MACD survived a test and is now pointing towards higher prices. The OBV and Money Flow are noticeably strong and also point towards an extension of the rally. Please note that we have been able to raise our stop to $54.75. Momentum traders may want to continue adding positions as long as IGT can stay above the support offered by the 5-DMA of $54.88. Picked on February 20th @ $53.52 Change since picked +3.07 Stop Loss @ $54.75 === PFGC - Performance Food Group Company $49.06 -2.19 (-4.63) Performance Food Group Company has been under pressure over the last two sessions thanks to a negative earnings announcement from H.J. Heinz Co. (HNZ). On Tuesday, shares of PFGC fell to an intra-day low of $48.50 on light volume of 46,000 shares. The stock broke its upward trend on weak volume, so it may be able to snap back if the volume returns. Hopefully, PFGC will not close below the 20-dma as it attempts to put in a bottom. From a technical standpoint, support is the 20-dma at $48.54 with additional support at $47.13, the February 21st intra-day low. Resistance has fallen to the 10-dma at $50.86 and then the 5-dma at $52.10. A bounce off of $48.54 or a move above $50.86 on midday volume of at least 100,000 shares may be possible entry points. We are keeping our stops at $47 to limit potential losses. Picked on February 25th @ $50.13 Change since picked -1.07 Stop Loss @ $47.00 === KRI - Knight-Ridder, Inc. $60.40 +0.95 (-0.35) Knight-Ridder is a major player in the newspaper publishing and news gathering business. A relatively low P/E of 17.11 has recently encouraged investing in this stock, which offers a relative value and subsequent peace of mind for nervous investors. One of KRI's high profile properties, The San Jose Mercury News, long known as the premier observer of the Silicon Valley, announced plans to layoff an undetermined number of employees and to restructure operations today. This news release, coupled with a market that has focused on technology value investing, has caused KRI to trade flat so far this week. That said, this market has long been characterized by sector rotations. Therefore, KRI could have a good opportunity to rally once there is some inevitable profit taking in the technology sector. KRI has excellent support provided by the 50-DMA of $58.00. The 52-week high of $61.25 is within striking distance. A move above this resistance, accompanied by midday volume over 250,000 shares, may prove to be fortuitous entry point. OBV and the Money Flow remain solid. What's more, any positive move over the next couple of days will likely result in a buy signal being triggered by the MACD. Picked on March 4th @ $60.75 Change since picked -0.35 Stop Loss @ $57.00 === PII - Polaris Industries Inc. $47.70 +$0.44 (+$0.50) Polaris Industries seems to be stuck in a rut. For the second day in a row the stock channeled between $47 - $48, much like it has done twice before in February. The trading volume has shrunk from the three-month average of 93,000 to less than 54,000 both days this week. Thus, with such low volume the stock has been unable to conquer its immediate resistance level the 20-dma at $48.00. The bullish engulfing pattern that we noted in Sunday's report has yet to provide the favorable response we were looking to achieve. Perhaps last month's downgrade from USB Piper Jaffray along with the bearishness of the market has investors in a watch and see mode. Regardless, we are looking for some solid news or momentum to resurrect this split candidate play. From where PII sits now possible new play opportunities might exist if the stock were to bounce off support at $47.00 or move through the 20-dma on volume exceeding 100,000 traded by 1:00 EST. If support cannot hold then look for the stock to possibly test the 50-dma at $44.88. If this were to occur then we'd be out of this play as we are maintaining our stop loss on this play at $44.88. Picked on February 13th at $48.70 Change since picked -1.00 Stop Loss at $44.88 MOMENTUM PLAY UPDATES 03/06/01 =============================== BDX - Becton, Dickinson and Co. $34.87 -0.60 (-0.33) Most of the stocks on the NYSE that are not technology related were victims of some accelerating profit taking into the close. BDX, a major medical supply company, was unable to buck this trend, pushing the stock perilously close to our $34.50 stop. Nevertheless, BDX looks very tempting on a technical basis. Today's pullback, accompanied by relatively light volume of just over 700,000 shares, has brought BDX down to a test of very strong support provided by the 50-DMA, which closed today at $34.78. If we see some rotation out of the technology sector into the medical stocks tomorrow, BDX may be offering us an excellent buying opportunity at current prices. The very light downside volume has allowed the Money Flow and OBV to maintain their bullish readings. A resumption of the up trend could easily occur if BDX can trade above the resistance offered by the 10-DMA, which closed today at $35.94. Although we are close to our stop, traders may want to enter new positions if BDX can open flat to higher tomorrow. If BDX trades above $36.00 with first hour trading volume over 300,000 shares, the stock could possibly be on its way towards a retest of the 52-week high of $39.25. Picked on February 11th @ $37.03 Change since picked -2.16 Stop Loss @ $34.50 === ELY - Callaway Golf Corporation $26.09 +0.82 (+1.09) Callaway has made much headway in reining in costs over the past two years. But, even more impressive, the company has grown stronger due to steady sales growth from its new product introductions and a recent venture into the premium golf ball market. Despite the skepticism of some investors, ELY is continuing with its ramp-up efforts to gain more share of the golf ball market, which it hopes to attain through Callaway's established brand name. As for our play, ELY shares kept climbing on Tuesday, setting yet another new 52-week high of $93.48. The run up came on excellent volume of 937,800 shares and leads us to believe that the stock is still able to attract plenty of buying at higher levels. Looking at the short-term technical indicators, the MACD remains positive and the OBV continues its push to higher highs. So, to that end, we'll expect to see the stock face its next level of resistance at the $27 mark, followed by a more difficult barrier at $30. Keep in mind that a sharp bounce from either of these levels could provide a good exit signal. Support is at the 5-dma of $25.14 and then the $25 mark. We'll look for potential entry points to occur when ELY rallies through resistance or reverses from support on good volume by midday of at least 250,000 shares. Our raised stop of $24.75 will limit our risk on the downside and help to lock in gains. Picked on February 25th @ $23.99 Change since picked +2.10 Stop Loss @ $24.75 === LMT - Lockheed Martin Corp. $37.38 -1.06 (-0.92) Aerospace contractor Lockheed Martin has hit two consecutive 52- week highs this week on news of a $43 million contract win with the US Navy and a move by the FAA to skip the bidding process for its long-distance air traffic control system and award the deal to Lockheed. Unfortunately, shares of LMT sold off during Tuesday's session on profit taking, with 1.73 million shares changing hands. Despite the pullback, the stock remains in a strong upward trend, although the MACD looks a bit stretched. In the meantime, support is the 20-dma at $36.89 with stronger support at $36.23, Friday's intra-day low. Resistance remains at the 8/23/99 intra-day high of $39.44 and then the 6/8/99 intra- day high of $41.56. Consider starting new plays on a bounce off of $36.89 or a breakout above $39.44 on volume greater than 800,000 shares by noon. We are keeping our stops at $35 as downside protection. Picked on February 4th @ $36.40 Change since picked +0.98 Stop Loss @ $35.00 === PHCC - Priority Healthcare Corp. $43.38 -$0.43 (+$0.88) Priority Healthcare, which specializes in pharmaceutical services for patients with chronic diseases or genetic disorders, opened the week with a new high. On Monday PHCC traded up to $44.25 intra-day on volume of 742,000 shares, which is 36% higher than the three-month average of 545,000. PHCC is one of our newest momentum plays; we began coverage on this play on Sunday. The stock has been performing well over the past few months and Monday's activity proved to us that there is more profit potential in PHCC. Traders might want to considered a position if the stock can bounce off support at the 5-dma at $42.50 or move through resistance at $44.25 on 400,000 shares traded by noon. Look for additional support from the NASDAQ Composite Index (COMPX) and the CBOE Health Care Index (HCX.X) when considering starting a new play. We will post a stop loss at $39.00 on this play. Picked on March 4th at $42.50 Change since picked +$0.88 Stop Loss at $39.00 === TX - Texaco Inc. $67.90 +1.10 (1.06) Like a geyser of oil, Texaco exploded to a new 52-week high on Tuesday. Texaco began the week on a strong note gapping open and posting a new high. Tuesday the stock again posted another high and confirmed its move with impressive volume. TX normally trades on volume of 1.7 million shares, but Tuesday made the third day in a row that TX traded on volume over 2.5 million shares. The increased volume coupled with ongoing new highs is a sight we like to see. Texaco has been a momentum play for a few weeks now and has been a good performer considering the recent market conditions. The company is moving ahead with its planned merger with Chevron (CHV) and there is no reason to believe that further gains aren't possible. Going forward, if you are considering a new play on TX, the maker of outdoor all-terrain recreational vehicles possible entry points might include a bounce off support at the 5-dma at $66.37 or a move through resistance at today's high of $68.36. Look for good volume over 1.2 million traded by midday when considering new plays. Added support from the Dow Jones Industrial Average (INDU) and the Oil Service Index (OSX.X) would be helpful as well when thinking about a new position on TX. We are going to tighten our stop on this play to $66.00 and thus ensure ourselves a profit from this play. Picked on February 18th at $64.90 Change since picked +3.00 Stop Loss at $66.00 ===== DROPS ===== SPLIT RUN PLAY DROPS 03/06/01 ============================= None SPLIT CANDIDATE PLAY DROPS 03/06/01 =================================== None MOMENTUM PLAY DROPS 03/06/01 ============================= None WEDNESDAY'S PLAY-OF-THE-DAY =========================== Tuesday, March 6, 2001 ============================= IGT - International Game Technology $56.59 +0.81 (+2.90) Tuesday's Comment: Value investing in the technology sector was the dominant theme of the day. However, this little fact did not stop momentum traders from bidding IGT higher. The stock of this leader in the casino gaming equipment business was bolstered by some bullish comments from Robertson Stephens, which has raised its earnings forecast for fiscal 2001 to $2.60 and 2002 to $3.00. Previous estimates were calling for profits of $2.55 and $2.85, respectfully. The research firm added that the stock could drive past $70.00 over the next 24 months. Earnings estimate increases are exceedingly rare these days and IGT has been rewarded for its ability to grow during these difficult economic times. IGT ignored the late day profit taking and closed right at its newly established all-time high of $56.59. This fact means that there is an absence of overhead resistance, and a positive open tomorrow could result in an extension of the stock's gains. The MACD survived a test and is now pointing towards higher prices. The OBV and Money Flow are noticeably strong and also point towards an extension of the rally. Please note that we have raised our stop to $54.75. Momentum traders may want to continue adding positions as long as IGT can stay above the support offered by the 5-DMA of $54.88. Picked on February 20th @ $53.52 Change since picked +3.07 Stop Loss @ $54.75 *************************ADVERTISEMENT********************* Why put all your risk into one stock when you can play the index instead? Learn how to invest in the OEX, QQQ, and SPX. Get intraday market updates, plays, education and daily commentaries by those who know. Sign up for a two week free trial and see for yourself at IndexSkybox.com: http://www.sungrp.com/tracking.asp?campaignid=1744 ************************************************************ ******************************************** Do you like SpltTrader? Then vote for us as a favorite site: http://www.investorlinks.com/vote.html Thanks for your support! ******************************************** ================================================================ Contact Us! Send questions or comments to: email@example.com To stop receiving this SplitTrader Update, send email to: firstname.lastname@example.com ================================================================= DISCLAIMER ========== This newsletter is a publication dedicated to the education of online stock traders. The newsletter is an information service only. The information provided herein is not to be construed as an offer to buy or sell securities of any kind. The newsletter picks are not to be considered a recommendation of any stock but an information resource to aid the investor in making an informed decision regarding how to trade stock splits. It is possible at this or some subsequent date, the editors and staff of SplitTrader.com may own, buy or sell securities presented. All investors should consult a qualified professional before trading in any security. The information provided has been obtained from sources deemed reliable but is not guaranteed as to accuracy or completeness. 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SECP discontinues CFS Mk-II, deliverable futures products
ISLAMABAD (April 08 2009): The Securities and Exchange Commission of Pakistan (SECP) has decided to discontinue CFS Mk-II and Deliverable Futures products in the best interests of the capital markets in Pakistan. The decision was taken in the light of recommendations of CFS Mk-II Review Committee, constituted by the SECP. According to SECP decision, the effective date for discontinuation is Wednesday, April 8, 2009.
According to an SECP announcement here on Tuesday, CFS Mk-II will be phased-out in 3 working cycles of 22 business days. Therefore, the complete phase out will be completed in 66 working days. Starting from April 8, 2009, no fresh take-up in CFS Mk-II shall be allowed.
Furthermore, no new contracts will be opened in the Deliverable Futures Market from April 20, 2009. The Commission shall co-ordinate with the Stock Exchanges to develop effective futures products in line with international best practices. The Commission shall also strive to implement alternative financing products to cater for the financing and leveraging needs of market participants.
During the recent market turmoil and afterwards, a majority number of market participants were of the view that the adverse situation faced by the investors was, to a large extent, either attributable to the CFS Mk-II product or that the product has played a major role in aggravating the situation.
The KSE Board, NCCPL Board and a large number of brokers resolved and requested to the Commission that this product should be discontinued. In order to evaluate the situation, the Commission constituted a committee comprising of prominent professionals and the representatives of all three stock exchanges, National Clearing Company Pakistan Limited and capital market specialists to review the product independently and give its recommendation. The Committee was headed by Shehzad Naqvi, CEO of RBS who is a career banker with vast experience in corporate finance and investment banking.
The committee, after due deliberation, formally recommended to the Commission that CFS Mk-II and Deliverable Futures products be discontinued in the best interests of the capital markets in Pakistan.
The Committee further recommended that Cash Settled Futures products should be encouraged. These products will reduce strain on the resources of the stock markets since settlement of price differentials does not involve delivery of the underlying shares. In addition to the above, the committee has suggested the following additional measures:
Cash Settled Futures should be offered both for single scrips as well as for the stock index. Implementation of more stringent eligibility criteria for selection of shares for cash settled futures products. For the time being, cash settled futures shall be made available in the five most liquid majority government owned scrips.
The existing risk management framework for cash settled futures products should be further strengthened and the Committee recommended the following: Introduce client-level margining system at all stock exchanges. Implementation of concentration margins; widening of scrip based circuit breakers and the introduction of index based market halts; introducing a robust securities lending and borrowing system.
Implementation of real time surveillance mechanism at all stock exchanges to detect market manipulation and abuse. The Commission in collaboration with all other stakeholders will consider the implementation of these recommendations over the next few months.
Portfolio Management > Assignments > Assignment 1 > KSE - Supporting Pages >


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