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OldFox.info is a personal Knowledge Management blog for comment, criticism, parody, research, reference, text-searchable, personal clipboard. Comments, suggestions, contributions are invited. email: oldfox-at-gmail.com
"The Wave Principle" is Ralph Nelson Elliott's discovery that social, or crowd, behavior trends and reverses in recognizable patterns. Using stock market data for the Dow Jones Industrial Average (DJIA) as his main research tool, Elliott discovered that the ever-changing path of stock market prices reveals a structural design that in turn reflects a basic harmony found in nature. From this discovery, he developed a rational system of market analysis.
Under the Wave Principle, every market decision is both produced by meaningful information and produces meaningful information. Each transaction, while at once an effect, enters the fabric of the market and, by communicating transactional data to investors, joins the chain of causes of others' behavior. This feedback loop is governed by man's social nature, and since he has such a nature, the process generates forms. As the forms are repetitive, they have predictive value.
Elliott isolated thirteen "waves," or patterns of directional movement, that recur in markets and are repetitive in form, but are not necessarily repetitive in time or amplitude. He named, defined and illustrated the patterns. He then described how these structures link together to form larger versions of the same patterns, how those in turn are the building blocks for patterns of the next larger size, and so on. His descriptions constitute a set of empirically derived rules and guidelines for interpreting market action. The patterns that naturally occur under the Wave Principle are described here. . . .
Bear market signal: Coppock curve and killer
Thursday, 02 August 2007
When the Dow recently hit its record high, Jim Stack was not impressed. Rather, he warned, “We are moving to a full bear market defensive mode.”
Here’s the latest outlook from his InvesTech Market Analyst – uncannily written just before last week’s decline – in which he warns of a rare “killer wave” signal from the Coppock Curve, an 50-year old technical indicator that helped him exit the market in 2000.
“When the DJIA scores a new record high, yet there are twice as many stocks closing down for the day (as the number closing up), then something is wrong. Declining stocks overwhelmed advancing stocks by a 2:1 margin, an ominous divergence that has never occurred in the past 75 years of market history
“When the DJIA closes higher in 7 out of 8 days, but breadth is positive (advancing stocks outnumber declining stocks) on only 1 of those days, then something is wrong. That ‘wrong’ confirms that fewer stocks are participating and investors become more selective in stock purchases.
“Meanwhile, the housing outlook has gone from dismal to dire. To a slowing economy, this could be the catalyst that ultimately triggers the next recession. In fact, the starting point may even be backdated to this month.
“Outside the crumbling housing sector, there are a number of warning flags that we are carefully watching at this time. Our Monetary Model gauges both monetary climate as set by the Federal Reserve, as well as the monetary climate established by the bond market .
“Both are now back into the negative or bearish region. So even though bond yields have softened a bit in recent weeks, this is considered a hostile monetary climate for stocks. In short, this is when bear markets can –and often do– start.
“We also note the Coppock Curve which was developed 50 years ago by Edwin S. Coppock. This indicator has a remarkable track record when it comes to signaling the start of a new bull market for stocks.
"It has been described as a ‘barometer of the market’s emotional state.’ As such, it moves very slowly and methodically from one emotional extreme to another. Its historical value lies in signaling or confirming the best, low risk buying opportunities in history.
“However, the Coppock Guide has never been noted for timely sell signals. Except, that is, in a few cases. And that’s where the carnage comes in.
“In the late 1960s, a technician named Don Hahn observed that when a double-top occurs without the associated decline in the Coppock Curve, it identifies a bull market that hasn’t experienced any normal, healthy washouts or corrections. That’s a runaway bull market usually headed for disaster.
“This double-top pattern has occurred only 6 times in 80 years – with 4 of them accompanying the start of the most notorious bear markets of the Twentieth Century: 1929, 1969, 1973 and 2000. So there is a critical historical aspect to double-tops: They can result in nasty bears!
“Those resulting bear markets reveals why the double-top in the Coppock Guide has been nicknamed a ‘Killer Wave.’ The average decline (excluding the -86% loss in 1929) was almost -40%! And we now see that Coppock Curve has been developing a second peak (double top) over the past few months.
"This raises the odds that what lies ahead may be severe. At this point, the inherent danger that accompanies a double top or ‘killer wave’ in the Coppock Guide suggests that discipline and patience are warranted now, as we wait and watch this double-top formation play itself out.”
Over the past several years, regardless of the macro environment, the stock market focused on one thing during the first five weeks after the end of each quarter - earnings. Furthermore, each quarter over the past several years, earnings expectations and companies' actual results in comparison to these expectations marked the major turning points in the market.
Last quarter, if you recall, we started expressing our concern that this would change or, at least, there would be more disappointments, because of the spread of the subprime mortgage issues into the financials and other areas of the economy. However, other than some banks, there was little affect on stock prices.
At the start of this earnings season, we were seeing better economic conditions, improving consumer sentiment, and high expectations among analysts regarding this quarters earnings. Therefore, despite the higher volatility, new market highs in the face of weakening technicals - such as the advance/decline line, and extreme overbought conditions for nearly every stock on our internal list of companies most likely to beat expectations and/or raise guidance - we were confident the market would once again put all its other issues to the side and focus on earnings.
We were clearly wrong.
We take pride in being tuned into to as many different sources of quality information as possible and, what surprises us more than anything is that we heard no on else calling for the market sell off we saw last week - other than those that seem to always be calling for market sell offs. . . .
Copyrights
Access to Archived Web Pages Not DMCA
Violation Absent Affirmative Act of Bypassing
A law firm that looked at past versions of a Web site on the publicly accessible Internet Archive did not circumvent access controls in violation of the Digital Millennium Copyright Act when the malfunctioning archive allowed access to pages that the owner had wanted restricted, the U.S. District Court for the Eastern District of Pennsylvania ruled July 20 (Healthcare Advocates Inc. v. Harding, Early, Follmer & Frailey, E.D. Pa., No. 05-3524, 7/20/07)....
Healthcare Advocates Inc. is a Philadelphia-based organization that offers assistance to patients in communicating with health care providers. In 2003, Healthcare Advocates was the plaintiff in a trademark and trade secrets action in which the defendant was represented by Harding, Early, Follmer & Frailey, a Philadelphia law firm specializing in intellectual property law. In 2005, the defendant was granted summary judgment in that case. Flynn v. Health Advocate Inc., No. 03-3764 (E.D. Pa. Feb. 8, 2005).
During the discovery phase of the Flynn proceeding, Harding accessed the Internet Archive's Wayback Machine and viewed archived versions of Healthcare Advocates' Web site. Printouts of the archived images were taken and used in the litigation proceeding.
The Internet Archives offers Web site operators a means of preventing access to archived screenshots through use of the robots.txt file. The Health Advocates Web site included this robots.txt file, which was intended to prevent access of archived screenshots on the Wayback Machine without a key. Because Harding was not given a key, Health Advocates claimed, its accessing of the screenshots constituted a circumvention of an access control.

WASHINGTON, Aug. 1 — An association of computer and communication companies, including Google, Microsoft and Yahoo, on Wednesday accused several professional sports leagues, book publishers and other media companies of misleading and threatening consumers with overstated copyright warnings.
In a complaint to the Federal Trade Commission, the group, the Computer and Communications Industry Association, said that the National Football League, Major League Baseball, NBC and Universal Studios, DreamWorks, Harcourt and Penguin Group display copyright warnings that are a “systematic misrepresentation of consumers’ rights to use legally acquired content.”
The complaint alleges that the warnings may intimidate consumers from making legal use of copyrighted material, like photocopying a page from a book to use in class.
“It is an attempt to convince Americans that they don’t have rights that they do in fact have,” said Ed Black, the association’s president and chief executive. “This is part of the larger context of what should be and what are proper rules for copyright in an Internet age. . . .”
JAMA. 2007;298:503-504.
New legislation designed to prevent homicides such as the mass killings at Virginia Polytechnic Institute and State University in Blacksburg last April may have the unintended effect of discouraging individuals from seeking mental health services, experts say.
The bill (HR 2640), which passed the US House of Representatives in June and has been under review in the Senate, would provide incentives for states to submit complete, automated records of involuntary commitments to mental institutions and other data relevant to gun purchases to the National Instant Criminal Background Check System (NICS), for the purpose of disqualifying certain individuals with severe mental illness from purchasing firearms.
In addition, the legislation would mandate treatment for persons with reportable mental illness, but it would also require removal of an individual's record in the NICS after a determination that the individual no longer posed a danger to self or others.
CAMPUS MASSACRE
Thank you to the several folks who responded. These sources suggested to me, seem the best. Although, not every tribe is going to be found.
Scott Wales
Sheppard Mullin
Native American Constitution and Law Digitization Project: Constitutions Codes
Tribal Court Clearinghouse: Constitutions http://www.tribal-institute.org/lists/constitutions.htm and Codes http://www.tribal-institute.org/lists/codes.htm
National Tribal Justice Resource Center: Codes, Constitutions and Charters http://www.tribalresourcecenter.org/tribalcourts/codes/default.asp
Native American Rights Fund: Constitutions and Codes http://www.narf.org/nill/triballaw/onlinedocs.htm
The currency trading (FOREX) market is the biggest and the fastest growing market on earth. Its daily turnover is more than 2.5 trillion dollars, which is 100 times greater than the NASDAQ daily turnover. (click here to read full market background by Easy-Forex™).
Markets are places to trade goods. The same goes with FOREX. The Forex goods (or merchandise) are the currencies of various countries. You buy Euro, paying with US dollars, or you sell Japanese Yens for Canadian dollars. That's all.
How does one profit in Forex?
Very simple and obvious: buy cheap and sell for more! The profit is generated from the fluctuations (changes) in the currency exchange market.
The nice thing about the FOREX market, is that regular daily fluctuations, say - around 1%, are multiplied by 100! (in general, Easy-Forex™ offers trading ratios from 1:50 to 1:200). If, for example, the exchange rate of "your" pair of currencies increased by 0.6% in the last 4 hours, your profit will be 60% on your investment! Such can happen in one business day, or in a few hours, even minutes.
Moreover, you cannot lose more than your "margin"! You may profit unlimited amounts, but you never lose more than what you initially risked and invested.
You can implement your choice (the pair of currencies, the volume amount) under any direction to which the market is moving, and yet make profit. It does not matter whether the exchange rate is going up or down: you can always decide to buy Euro and sell dollar, or vice versa - buy dollar and sell Euro. You don't have to physically possess certain currencies in order to perform "buy" or "sell" with them.
How do I start?
Register (Easy-Forex™ offers the simplest and quickest registration process, no obligation); deposit your first trading "margin" amount (credit cards are welcome, only by Easy-Forex™); start trading.
It can't be simpler or easier than that. Need help? We'll provide you with 1-on-1 training and service, as much as necessary (Easy-Forex™ offers real people service, live, in your own language).
How do I trade Forex?
You select the pair of currencies with which you wish to make a Forex deal. You determine the volume (the amount of the deal). You deposit the "margin" (collateral needed to facilitate the deal. Usually - only a very small portion of the whole deal, say: 1% or 1:100).
Before you finally activate the deal, you can still "freeze" it for a few seconds. That enables you to either change the terms, or accept it as is, or altogether regret the whole idea. The "freeze" feature is a unique service by Easy-Forex™.
When your Forex deal is running (you hold an "open position"), you can monitor its status and check scenarios online, whenever you wish. You may change some terms in the deal, or close it (and cash the profit, if any, or minimize the loss, if any). Moreover, Easy-Forex™ lets you determine a "take-profit" rate, with which the deal will close automatically for you, when and if such rate occurs in the market. Meaning: you do not have to stay near your computer when you hold open positions.
Want to know more? Want to get on-line training? Register here (simple, quick, no obligation), we'll be glad to guide you, every step of the way.
Good luck!
Forex trading involves substantial risk of loss, and may not be suitable for everyone.
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Subject: RE: New Orleans Haunts - Restaurants, etc.
This place was recommended to us by a local and we loved it:
Rita's Olde French Quarter Restaurant
945 Chartres Street * New Orleans, LA 70116 504-525-7543
Authentic Creole recipes served in a casual and friendly environment.
This is a favorite breakfast spot each time we went there:
Quarter Scene Restaurant
900 Dumaine Street * New Orleans, LA 70116 504-522-6533
Casual local spot with a varied menu of New Orleans and American favorites.
I did not like Lafitte's the last time I was there. It had TVs and was dirty and had crummy beer.
On Frenchman Street, I liked Adolfo's, also recommended by a local. Upstairs from the funky Apple Barrel Bar.
Adolfo's
611 Frenchmen St. 504-948-3800
Southern Italian meets Creole in a cozy eatery.
--------------------------------------------------------------------------------
From: Woln
Sent: Thursday, July 05, 2007 3:56 PM
To: Eileen
Subject: FW: New Orleans Haunts - Restaurants, etc.
others?
____________________
-----Original Message-----
From: Woln
Sent: Thursday, July 05, 2007 3:53 PM
To:
Subject: New Orleans Haunts - Restaurants, etc.
Some of my favorites:
Bella Luna - great for fancy dinner
914 No. Peters St.
504.529.1583
Bombay Club - new martini bar
830 Conti Street | New Orleans, LA 70112
Local Phone: 504.586.0972
Toll-free: 1.800.699.7711
Cafe DuMonde - perfection, a must, a tradition, cafe-aulait and freshly-made powdered sugar beignets (don't wear black!)
French Quarter
Cafe Sbisa - great for a fancy dinner
1011 Decatur Street
New Orleans, LA 70116
Phone: (504) 522-5565
Fax: (504) 523-8095
Camellia Grill - a fun street car ride thru the Garden District to this great diner,
but not sure it's open anymore (was going thru face-lift)
South Carrollton Avenue near St. Charles Avenue, at the River Bend
Croissant D'Or Patisserie - great for bfast
617 Ursulines Ave
New Orleans, LA 70116
(504) 524-4663
Lafitte's Blacksmith Bar - great for drinks, dank, dark, cool, historical
941 Bourbon St.
504 523 0066
La Madeleine - great for bfast, in Jackson Square
601 S. Carrollton Ave., New Orleans 70118
Carrollton & St. Charles
TEL: 504-861-8662
Mon. - Sun. 7:00 AM - 9:00 PM
Mother's - best po-boy sandwich in town, not fancy, the best lunch you can get
401 Poydras Street at the corner of Tchoupitoulas (Chop-a-TOO-lis)
6:30 am to 10 pm Mon-Sat, & 7 am to 10 pm Sundays
Napoleon House - the center of the universe! (great Pimms Cup, Ramos Gin Fizz, muffelettas, etc. -- all good!), historical, great seating w/open air doors on corner, good people-watching, waiters wear white shirts and bow ties
500 Chartres St.
504.522.4152
Palm Court - nice jazz venue
1204 Decatur Street - 504.525.0200
Sazerac Bar & Grill - home of the Sazerac, a famous New Orleans drink
in Fairmont Hotel
123 Baronne Street
New Orleans,
Telephone: 001 504 529 4733
Snug Harbor - great jazz venue
626 Frenchmen St.
New Orleans, LA 70116
(504) 949-0696
The UpperLine - a very good Garden District restaurant
1413 Upperline Street
504-891-9822
SightsBeauregard-Keyes House
Edgar Degas House
Gallery for Fine Photography -- art and history combined in wonderful space
Gallier House
Historic New Orleans Collection
Old U.S. Mint
Presbytere
Rumors - mask shop
Street cars - along the River, and/or into the Garden District
__________________________________
> antique shops -- lots w/ fun stuff (in French Quarter) - most are on Royal St.
> history in French Quarter:
________________________________________
*** TW's temporary French Quarter digs (after conference) > 2nd floor gallery apt. *** :)
How lucrative is pump-and-dump spam? by ZDNet's Ryan Naraine -- Are pump-and-dump spammers really making money from hyping penny stocks in e-mails? Paul Moriarty has the answer and it's an eyebrow-raising sight. Over the last month, Moriarty, director of product development for Internet Content Security at Trend Micro, has been running a virtual portfolio of selling short on stocks found during spam runs. After [...]

British Media Company to Purchase ALM
link
Alison Frankel
07-06-2007
ALM, publisher of the New York Law Journal, The American Lawyer, The National Law Journal, Corporate Counsel and 30 other national and regional publications, will be sold to London-based Incisive Media for $630 million, according to a joint announcement today by the two companies. Both Incisive CEO Tim Weller and ALM CEO William Pollak characterized the sale as an opportunity to expand ALM's business internationally and on the Internet. The deal, which is expected to close at the end of the third quarter, will leave ALM's management intact. Incisive, which has annual revenue of $280 million, is a rapidly growing business-to-business publisher with operations in New York, London and Hong Kong. "One of the main ideas here was to bring our brand of legal journalism to Europe and Asia," said Mr. Pollak. "Until now, we haven't had that platform." ...
The challenge of sourcing such a quantity of people amid worsening shortages of skilled labor has led Infosys to move its finance director, Mohandas Pai, to oversee HR.
Whilst in many mature Fortune 500 companies this might be considered a step down, it is seen as essential in a market that has tightened faster than expected.
The shortage of engineers is seen as the result of an education system that produces graduates of a standard below that required by the offshore information technology and outsourcing industries.
A study by Indian lobby group the National Association of Software and Service Companies, states that around 25 per cent of engineering graduates and 10-15 per cent of general college graduates are up to standard. It warns that the Indian IT sector faces a shortfall of 500,000 professionals by 2010.
For more information on reward strategies and how Hay Group can help: click here
link
"More than thirty members of Congress have hired their wives to work on their campaign payrolls...But another growing trend is that members' wives, husbands, sons, daughters, sons-in-law, daughter-in-laws are actually becoming lobbyists! That way, they get paid to lobby their spouses or parents!
It's a neat gig. Even if your family consists entirely of dullards, they’re a cinch to get a job if all you have to do is lobby dear old Dad. With so many goodies on the line, - through government contracts, special interest legislation and regulations and budgetary earmarks - everyone can play the game. Usually the legislator piously declares that his family/lobbyist cannot lobby him. One even barred her from his office. But nobody is fooled. Everyone knows what is going on."
http://libraryclips.blogsome.com/2007/06/23/sticky-pages-annotate-and-mark-up-the-web/
Please put a comment below with your email or phone and I will call you. Thank you.

I am offering one lucky marketer a treasure trove of my non-personally identifiable information to help you better target ads to me.
Here’s what you’ll get if you win this auction:
*My past 30 days internet search queries
*My past 90 days web surfing history
*My past 30 days online and offline purchase activity
*My Age, Gender, Ethnicity, Marital status (in case you couldn’t figure it out above), and Geo location (in case you can't figure it out below)
*The right to target one ad per day to me for 30 days (now that’s what I call opt-in!)
Ads can be created in any desired format (video, text, graphic, audio, etc.) but must be delivered via email
Behold the true promise of one-to-one marketing.
But wait, there’s more…
Not only do I certify that I will watch/read/listen to your ads but I will also provide daily feedback as to whether or not the ad appealed to me and if I’d like additional information about the product or service.
Face it, the times they are a changin’ and consumers are in control. It won’t be long before paying consumers to view your ads will be the norm (or at least paying them for the right to access their data). Use me as a beta test to determine how best to target ads based on a variety of non-personally identifiable data.
" align=left>The Vatican has reversed the annulment of former Congressman Joseph Kennedy's first marriage to Sheila Rauch, a union that lasted 12 years and produced two sons.
October 31st, 2006
I destroy homes, I tear families apart, take your children, and that’s just the start. I’m more costly than diamonds, more precious than gold, The sorrow I bring is a sight to behold. If you need me, remember! I’m easily found, I live all around you – in schools and in town. I live with the rich; I live with the poor, I live down the street, and maybe next door.
I’m made in a lab, but not like you think, I can be made under the kitchen sink. In your child’s closet, and even in the woods, If this scares you to death, well it certainly should. I have many names, but there’s one you know best, I’m sure you’ve heard of me, my name is crystal meth.
My power is awesome; try me you’ll see, But if you do, you may never break free. Just try me once and I might let you go, But try me twice, and I’ll own your soul. When I possess you, you’ll steal and you’ll lie, You do what you have to — just to get high. The crimes you’ll commit for my narcotic charms Will be worth the pleasure you’ll feel in your arms, your lungs, your nose.
You’ll lie to your mother; you’ll steal from your dad, When you see their tears, you should feel sad. But you’ll forget your morals and how you were raised, I’ll be your conscience, I’ll teach you my ways. I take kids from parents, and parents from kids, I turn people from God, and separate friends. I’ll take everything from you, your looks and your pride, I’ll be with you always — right by your side.
You’ll give up everything - your family, your home, Your friends, your money, then you’ll be alone. I’ll take and take, till you have nothing more to give, When I’m finished with you, you’ll be lucky to live. If you try me be warned - this is no game, If given the chance, I’ll drive you insane. I’ll ravish your body, I’ll control your mind, I’ll own you completely, your soul will be mine.
The nightmares I’ll give you while lying in bed, The voices you’ll hear, from inside your head. The sweats, the shakes, the visions you’ll see, I want you to know, these are all gifts from me. But then it’s too late, and you’ll know in your heart, That you are mine, and we shall not part. You’ll regret that you tried me, they always do, But you came to me, not I to you.
You knew this is would happen, many times you were told, But you challenged my power, and chose to be bold. You could have said no, and just walked away, If you could live that day over, now what would you say? I’ll be your master, you will be my slave, I’ll even go with you, when you go to your grave.
Now that you have met me, what will you do? Will you try me or not? It’s all up to you. I can bring you more misery than words can tell, Come take my hand, let me lead you to hell.
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