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    SEVEN WONDERS OF THE MODERN WORLD
    July 7, 2007 - Portugal

    An official declaration of the new Seven Wonders of the Modern World was made determined from a worldwide poll organized by the New 7 Wonders Foundation. The New Wonders of the World Are: 1. The Great Wall of China ( It is the largest man made monument ever to have been built and is visible from space. ) 2. Petra, Jordan ( Petra On the edge of the Desert, was the glittering capital of the Nabataean empire of King Aretas IV ) 3. Christ Redeemer Rio de Janeiro, Brazil ( Statue of Jesus stands some 38 meters tall, atop the Corcovado mountain overlooking Rio de Janeiro ) 4. Machu Picchu, Peru ( Ancient Inca City built by the Incan Emperor Pachactec halfway up the Andes Plateau, and deep in the Amazon jungle ) 5. Pyramid at Chichn Itz¡, Mexico ( the most famous Mayan temple city, served as the political and economic center of the Mayan civilization ) 6. The Roman Colosseum, Italy ( This great amphitheater in the centre of Rome to celebrate the glory of the Roman Empire ) 7. The Taj Mahal, India ( This immen'se mausoleum by the fifth Muslim Mogul emperor, to honor the memory of his beloved late wife. ) The original 7 wonders of the world were: 1. Great Pyramid of Giza Egypt ( Built as the tomb of Fourth dynasty Egyptian pharaoh Khufu.) still standing. 2. Hanging Gardens of Babylon ( Multi-levelled gardens reaching 22 metres (75 feet) high, ) destroyed by earthquake. 3. Temple of Artemis at Ephesus ( took 120 years to build Dedicated to the Greek goddess Artemis ) destroyed by Arson. 4. Statue of Zeus at Olympia Greece ( 40 feet tall ) destroyed by fire or earthquake. 5. Mausoleum of Maussollos at Halicarnassus ( Stood approximately 45 meters (135 feet) tall with each of the four sides adorned with sculptural reliefs ). disassembled by European Crusaders. 6. Colossus of Rhodes ( giant statue of the Greek god Helios roughly ) Destroyed by Earthquake. 7. Lighthouse of Alexandria ( between 383 - 440 ft tall it was among the tallest man-made structures on Earth for many centuries. ) Destroyed By Earthquake.

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RANDOM QUOTES

  • Until a man duplicates a blade of grass
    by Earth Day, Thomas Alva Edison Inventor

    "...Until a man duplicates a blade of grass, Nature can laugh at his so-called scientific knowledge. Remedies from chemicals will never stand in favorable comparison with the products of Nature, the living cell of a plant, the final result of the rays of the sun, the mother of all life...."
  • 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

  • Salary
    about Steve Jobs

    Steve Jobs' annual salary was $1, just enough to keep company health benefits. 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
    Forex, forex options, fx options trading platform. Online Trading platform, online trading software.

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