Thursday, April 9, 2009

Elliott Wave Principle: Key to Market Behavior by Robert Prechter

Highly acclaimed basic handbook of Elliott Wave Theory which has come to be regarded as a definitve work in this area. Thoroughly covers all the relative concepts. Fibonacci Numbers, wave analysis, time sequence, cyclic analysis, etc. One of the most fascinating books on market forecasting you'll ever read.

Part 1: Elliott Theory Chapter One: The Broad Concept including, *Basic Tenets *Terminology and Labeling * Impulse Waves and Variations *Corrective Waves *Zigzags * Flats * Triangles * Double and Triple Threes * Diagonal Triangle Type 2

Chapter Two: Associated Rules and Guidelines * Counting Rules * Alternation * Depth of Corrective Waves * Wave Equality * Charting the Waves * Channeling * Volume * The Right Look * Wave Personality * Learning the Basics * Applying the Basics

Chapter Three: Historical and Mathematical Background of the Wave Principle * Leonardo Fibonacci da Pisa * the Fibonacci Sequence * The Golden Section * The Golden Rectangle * The Golden Spiral * The Meaning of Phi

http://stockcharts.stores.yahoo.net/elwaprropr.html

Elliott wave principle

The Elliott wave principle is a form of technical analysis that attempts to forecast trends in the financial markets and other collective activities. It is named after Ralph Nelson Elliott (1871–1948), an accountant who developed the concept in the 1930s: he proposed that market prices unfold in specific patterns, which practitioners today call Elliott waves. Elliott published his views of market behavior in the book The Wave Principle (1938), in a series of articles in Financial World magazine in 1939, and most fully in his final major work, Nature’s Laws – The Secret of the Universe (1946).[1] Elliott argued that because humans are themselves rhythmical, their activities and decisions could be predicted in rhythms, too. Critics argue that the Elliott wave principle is pseudoscientific and contradicts the efficient market hypothesis.

The wave principle posits that collective investor psychology (or crowd psychology) moves from optimism to pessimism and back again. These swings create patterns, as evidenced in the price movements of a market at every degree of trend.

Practically all developments which result from (human) socialeconomic processes follow a law that causes them to repeat themselves in similar and constantly recurring series of waves of definite number and pattern. R. N. Elliott's model, in Nature’s Law: The Secret of the Universe says that market prices alternate between five waves and three waves at all degrees within a trend, as the illustration shows. As these waves develop, the larger price patterns unfold in a self-similar fractal geometry. Within the dominant trend, waves 1, 3, and 5 are "motive" waves, and each motive wave itself subdivides in five waves. Waves 2 and 4 are "corrective" waves, and subdivide in three waves. In a bear market the dominant trend is downward, so the pattern is reversed—five waves down and three up. Motive waves always move with the trend, while corrective waves move opposite it.

http://en.wikipedia.org/wiki/Elliott_wave_principle

Wednesday, March 18, 2009

The Television of the Future OLED-TV Pictures

Plasma, and LCD televisions will soon be a thing of the past, imagine a television screen as thin as a piece of paper that weighs no more than a few ounces. Or, so flexible it could be worn around your wrist and is virtually indestructible.

The primary benefit of OLED displays over traditional LCDs is that OLEDs do not require a backlight to function, and consume less power during operation. OLED displays are expected to be more efficiently manufactured than LCDs and plasma displays.

The AMOLED technology have full layers of cathode, organic molecules and anode, the anode layer overlays a thin film transistor (TFT) array that forms a matrix. The TFT array itself is the circuitry that determines which pixels get turned on to form an picture.The fledgling technology of making ultra-thin displays using organic light-emitting diodes (OLED) is starting to bear fruit finally with Sony, Samsung SDI and other makers introducing new applications.

Sony says that it is going to sell 11-inch OLED TVs for the first time in the world this year. Korean firms such as Samsung Electronics, Samsung SDI, LG Electronics, LG.Philips LCD and Neoview Kolon are also investing in the technology, which should replace the current LCD and plasma screens panels in the long term, becoming the norm for digital displays.

Samsung Electronics Digital Media President Park Jong-woo said that organic displays can be a breakthrough in its TV business, as the competition for creating bigger screens now does not carry much meaning to consumers.

http://www.oled-display.net/oled-television

Tuesday, March 17, 2009

PowerLite Pro Cinema 7500UB Projector

Overview
A superior cinematic experience. Quality beyond compare.
1600 lumens; 75,000:1 contrast ratio
D7 C2Fine® TFT technology for greater image detail
Built-in HQV processor
Color isolation feature for easy adjustments
120 Hz FineFrame™ tech. for smoother video
Preset color space
Anamorphic scaling mode
ISF calibration for customized viewing
Cinema filter for true-to-life color
Fujinon lens with 2.1 zoom ratio
12-bit panel driver for smoother gradations
Auto iris function for optimum speed/quality

PowerLite Pro Cinema 7500UB Marketing Brochure
Enjoy the home theater experience in a way you never thought possible. With a 75,000:1 contrast ratio, the highest currently available in its class, the Epson PowerLite Pro Cinema 7500 UB puts you right in the middle of where the action is, as larger-than-life images leap right off the screen.

Whether you’re watching movies or sports, or playing video games, this 1080p projector ensures amazing image quality with the latest-generation Epson D7 panels, UltraBlack™ technology and 1600 lumens of color and white light output.1 With innovative color adjustment features and a state-of-the-art Fujinon lens, the kind typically used by renowned Hollywood filmmakers, this product delivers blockbuster video performance. And, with Epson’s 3LCD, 3-chip optical engine, it offers such incredible quality, you’re sure to achieve a true cinematic experience.
Setup is easy with the color isolation feature and ISF calibration, which allows you to adjust colors according to that which the filmmaker intended. The PowerLite Pro Cinema 7500 UB brings big-screen entertainment home in a whole new way.

http://www.epson.com/cgi-bin/Store/consumer/consDetail.jsp?BV_UseBVCookie=yes&oid=63077381

The Lexus and the Olive Tree: Understanding Globalization - Thomas L. Friedman

One day in 1992, Thomas Friedman toured a Lexus factory in Japan and marveled at the robots that put the luxury cars together. That evening, as he ate sushi on a Japanese bullet train, he read a story about yet another Middle East squabble between Palestinians and Israelis. And it hit him: Half the world was lusting after those Lexuses, or at least the brilliant technology that made them possible, and the other half was fighting over who owned which olive tree.

Friedman, the well-traveled New York Times foreign-affairs columnist, peppers The Lexus and the Olive Tree with stories that illustrate his central theme: that globalization--the Lexus--is the central organizing principle of the post-cold war world, even though many individuals and nations resist by holding onto what has traditionally mattered to them--the olive tree.
Problem is, few of us understand what exactly globalization means. As Friedman sees it, the concept, at first glance, is all about American hegemony, about Disneyfication of all corners of the earth. But the reality, thank goodness, is far more complex than that, involving international relations, global markets, and the rise of the power of individuals (Bill Gates, Osama Bin Laden) relative to the power of nations.

No one knows how all this will shake out, but The Lexus and the Olive Tree is as good an overview of this sometimes brave, sometimes fearful new world as you'll find. --Lou Schuler --This text refers to an out of print or unavailable edition of this title.

http://www.amazon.com/Lexus-Olive-Tree-Understanding-Globalization/dp/0385499345/ref=pd_sim_b_4

The World Is Flat 3.0: A Brief History of the Twenty-first Century - Thomas L. Friedman

Thomas L. Friedman is not so much a futurist, which he is sometimes called, as a presentist. His aim in The World Is Flat, as in his earlier, influential Lexus and the Olive Tree, is not to give you a speculative preview of the wonders that are sure to come in your lifetime, but rather to get you caught up on the wonders that are already here. The world isn't going to be flat, it is flat, which gives Friedman's breathless narrative much of its urgency, and which also saves it from the Epcot-style polyester sheen that futurists--the optimistic ones at least--are inevitably prey to.
What Friedman means by "flat" is "connected": the lowering of trade and political barriers and the exponential technical advances of the digital revolution that have made it possible to do business, or almost anything else, instantaneously with billions of other people across the planet. This in itself should not be news to anyone. But the news that Friedman has to deliver is that just when we stopped paying attention to these developments--when the dot-com bust turned interest away from the business and technology pages and when 9/11 and the Iraq War turned all eyes toward the Middle East--is when they actually began to accelerate. Globalization 3.0, as he calls it, is driven not by major corporations or giant trade organizations like the World Bank, but by individuals: desktop freelancers and innovative startups all over the world (but especially in India and China) who can compete--and win--not just for low-wage manufacturing and information labor but, increasingly, for the highest-end research and design work as well. (He doesn't forget the "mutant supply chains" like Al-Qaeda that let the small act big in more destructive ways.)

Friedman has embraced this flat world in his own work, continuing to report on his story after his book's release and releasing an unprecedented hardcover update of the book a year later with 100 pages of revised and expanded material. What's changed in a year? Some of the sections that opened eyes in the first edition--on China and India, for example, and the global supply chain--are largely unaltered. Instead, Friedman has more to say about what he now calls "uploading," the direct-from-the-bottom creation of culture, knowledge, and innovation through blogging, podcasts, and open-source software. And in response to the pleas of many of his readers about how to survive the new flat world, he makes specific recommendations about the technical and creative training he thinks will be required to compete in the "New Middle" class.

As before, Friedman tells his story with the catchy slogans and globe-hopping anecdotes that readers of his earlier books and his New York Times columns know well, and he holds to a stern sort of optimism. He wants to tell you how exciting this new world is, but he also wants you to know you're going to be trampled if you don't keep up with it. A year later, one can sense his rising impatience that our popular culture, and our political leaders, are not helping us keep pace. --Tom Nissley

http://www.amazon.com/World-Flat-3-0-History-Twenty-first/dp/0312425074/ref=sr_1_1?ie=UTF8&s=books&qid=1237292540&sr=1-1