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TODAY IN HISTORY

    URANIUM FISSION
    January 22, 1939 - Columbia University in New York City, U.S.A.

    The uranium atom was split for the first time using the cyclotron at Columbia University in New York City. Thus began the Manhattan Project, leading to the construction of the atom bomb. The project was subsequently moved inland to the University of Chicago to protect the research from any possible German bombing of New York. (Also the weight of the apparatus was so great that the floor was in danger of collapsing!) The cyclotron that performed the first-ever fission experiment was designed and built (1935-36) by John R. Dunning, who became Dean of the Engineering School, 1950-69). In 1965, the cyclotron was taken to the Smithsonian Institute. The original invention of the first cyclotron was by physicist Ernest Lawrence.

    SPACE DEBRIS HITS PERSON ON EARTH
    January 22, 1997 - Tulsa, Oklahoma, U.S.A.

    American Lottie Williams was reportedly the first human to be struck by a remnant of a space vehicle after re-entering the earth's atmosphere. At 3 a.m., while walking in a park in Tulsa, Oklahoma, she saw a light pass over her head. “It looked like a meteor,” she said. Minutes later, she was hit on the shoulder by a six-inch piece of blackened metallic material. The debris that struck Ms. Williams has not been examined to confirm its origin, but a used Delta II rocket, launched nine months earlier, had crashed into the Earth's atmosphere half an hour earlier. NASA scientists believe that Williams was hit by a part of it, making her the only person in the world known to have been hit by man-made space debris.

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  • The wealth of the nation
    by Earth Day, Gaylord Nelson

    "...The wealth of the nation is its air, water, soil, forests, minerals, rivers, lakes, oceans, scenic beauty, wildlife habitats and biodiversity that'as all there is. That'as the whole economy. That'as where all the economic activity and jobs come from. These biological systems are the sustaining wealth of the world...."
  • All of us have a God in us
    by Earth Day, Kenya

    "...All of us have a God in us, and that God is the spirit that unites all life, everything that is on this planet. It must be this voice that is telling me to do something, and I am sure it'as the same voice that is speaking to everybody on this planet at least everybody who seems to be concerned about the fate of the world, the fate of this planet. Wangari Maathai-Noble Peace prize winner, Deputy Minister of Environment, founder Green Belt movement in Kenya...."

RANDOM FACTS

  • More vehicles
    about Stolen On New Year's

    More vehicles are stolen on New Year's Day than any other holiday throughout the year. (So does that mean thieves are having their last fling before changing their ways or are they trying for a big score to start the New Year?) Cancer Facts & Figures
    about Besides Lung Cancer

    Besides lung cancer, tobacco use also increases the risk for cancers of the mouth, lips, nasal cavity (nose) and sinuses, larynx (voice box), pharynx (throat), esophagus (swallowing tube), stomach, pancreas, kidney, bladder, uterus, cervix, colon/rectum, ovary (mucinous), and acute myeloid leukemia.

Whipsaws In The Market :

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ARTICLE INFORMATION :

A whipsaw is a representation of profit-taking going on in the market.

ARTICLE CONTENT :

One of the factors to consider when trading with stop-losses is whipsaws. Whipsaw is the name given to the tiny and regular market movements during trends. For example, when a share is in an overall bull trend, it will periodically turn over and fall in price for a couple of days, before resuming it's general upwards trend. This is a whipsaw. A whipsaw is a representation of profit-taking going on in the market.

People who have made a good profit on the share after it has had a strong rally up are now selling to realise that profit. Their selling pressure temporarily halts the upward bull trend. The market absorbs these sellers with an abundance of buyers and then the share continues its bull run. Whipsaws exist in bear markets too. One of the threats of using stop losses is the risk of being; Whipsawed-out; of the market.

If the whipsaw is greater than your stop loss, then you may end up selling before the share reaches its actual peak. This is just one of the realities of share trading. It will definitely happen to you. It happens to the best of us. All you can do is to develop a series of selling strategies to complement your stop loss. Serious traders have been known to use up to and over 5 different selling indicators on each trade. All indicators must be positive before they will sell the share. Even then, it only improves their trading, it doesn't make it 100% reliable. For most people, though, just using a stop loss will go a long way to improving their trading results.

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  • Spectrum Live
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  • November 28, 2014Date Added :
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