Saturday, March 30, 2013

Fear becoming a 'bag lady' someday? Many others do, too

By Amy Langfield, TODAY contributor

If you spend time worrying that you'll end up on the street in your old age with your belongings stuffed into plastic bags in a shopping cart, you have good company.

A new survey shows that almost half of American women fear they will become "bag ladies" some day, and the anxiety ripples across all income groups.

Even among women with household earnings above $200,000, 27 percent harbor the bag-lady fear, according to a new online survey?issued by Allianz Life Insurance Company of North America.

While Allianz is promoting the survey to encourage women to seek more financial-planning advice, the underlying concern is valid, according to a labor economist who studies aging and income issues.

Because women typically earn less and have more sporadic work histories, their pensions and benefits are less sturdy, said Barbara Butrica, a senior research associate at the Urban Institute?s Income and Benefits Policy Center. ?They are starting retirement at a disadvantage,? she said.

Women also tend to live longer than men.??So she?ll have to make that income last a lot longer time,? Butrica said.

Among the over-65 set, non-married women have the highest poverty rates. While only 4 percent of married women over 65 fell below the poverty line in 2010, that number rose to?14 percent for widows over 65 and 18 percent for divorced women over 65, Butrica said.

For men over 65 living in poverty, 4 percent were married; 11 percent were widowers and 12 percent were divorced. The gender differences are even more striking, Butrica said, when you consider that in 2010, only 29.5 percent of men age 65 or older were not married, compared with 56.3 percent of women. Those numbers come from the Social Security Administration's 2012 report on ?Income of the Population 55 or Older, 2010.?

But should?even women with very good jobs?fret about being homeless one day?

?It?s highly unlikely. But it could happen,? Butrica said, citing the likelihood that a catastrophic illness is more likely to strike as you get older. ?The fact that these women are thinking about it is a good thing.?

Source: http://feeds.nbcnews.com/c/35002/f/653351/s/2a23671b/l/0Llifeinc0Btoday0N0C0Inews0C20A130C0A30C290C17517960A0Efear0Ebecoming0Ea0Ebag0Elady0Esomeday0Emany0Eothers0Edo0Etoo0Dlite/story01.htm

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Pre-caffeine tech: Internet apocalypse, Easter cute!

Our pre-caffeine roundup is a collection of the hottest, strangest, and most amusing stories of the morning.

Surprise! Facebook sent out an invitation to the media late Thursday afternoon for an April 4 where the company would show off their "new home on Android."

A San Francisco photographer, who discovered his stolen camera on Craigslist, turned Web sleuth, getting back his camera and assisting in the thief's arrest.

Finally! Riders of public transportation in New York and Salt Lake City are the first to get real-time departure info in Google Maps. Washington, D.C. residents will also get a bit of new live transit info.

Take a look at what may be the new face of the next generation of video games -- the face is fake, but the tech is real!

Meanwhile, New York University is aiming to cement its position as a leader in the young field of video game studies by opening a 40,000-square-foot institute called the Media and Games Network in downtown Brooklyn next fall.

Here's what you need to know about the government's fight to unlock your cellphone.

And here's how Spamhaus DDoS attack could have been prevented.

Salon says "Google lost its cool" ... and here's how that happened.

And the Atlantic explains how to freak out, appropriately, about the Internet War Apocalypse

In closing: The cutest Easter photos that every happened! EVER!

Compiled by Helen A.S. Popkin, who invites you to join her on Twitter and/or Facebook.

Source: http://feeds.nbcnews.com/c/35002/f/653377/s/2a2242d8/l/0L0Snbcnews0N0Ctechnology0Ctechnolog0Cpre0Ecaffeine0Etech0Einternet0Eapocalypse0Eeaster0Ecute0E1C9139938/story01.htm

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2013 Kia Optima SX - A Mom's Review

The post is sponsored by Kia who provided a car for my family to drive for a week.... unfortunately I had to return the car.

The post is sponsored by Kia who provided a car for my family to drive for a week?. unfortunately I had to return the car.

If you follow me on Instagram, you might have noticed the sporty, awesome car I was driving a few weeks ago. ?My family had the opportunity to test drive the 2013 Kia Optima SX for a week and we absolutely loved it. ?My son, Jonah, wanted to ride in the ?race car? every time we went somewhere. ?He was probably the saddest one in the family when we had to return it. ?He is still asking when we can go and get the ?race car? again and keep it.

I have never claimed to know a lot about cars. ?My review here is strictly from the point of view of a working mom and the things that are important in a vehicle for my family.

So onto the most important part of a vehicle (in my opinion) the features.

Kia Collage

Safety Features

Active Head Restraints
Brake Assist
Child Seat Anchors (LATCH)
Driver and Passenger Seat Airbags
Front Fog Lights
Hill-start Assistance
Rear Center 3-point Belt
Rear Door Child Safety Locks
Side/Curtain Airbags
Stability Control
Tire Pressure Monitoring
Traction Control?

Interior Features

A/C with Climate Control
Auto-dimming Rearview Mirror
Auxiliary Audio Input Jack
Bluetooth
Hands-free Calling
Keyless Ignition
Leather Upholstery
Power Exterior Mirror Control
Power Seat(s)
Satellite Radio
USB / iPod Connection

?

Exterior Features

All-season Tires
Alloy Wheels

DSC_0012

I absolutely fell in love with the interior of the Optima. ?The front seats were extremely comfortable and the console was positioned to where I could get to everything I needed with ease. The Optima also synced with my iPhone so I could have my own music as well as hands free calling. ?There was a few new features in the Optima that I have never seen before like the heating and cooling seats. ?We have heated seats in one of our vehicles now, but the cooling feature would be great in the summertime (if summer ever comes to Indiana) especially with the dark interior. ?The back seat also has heated seats!

The Optima also has a push button parking break. ?I love this feature. ?In most cars you have to push down a pedal or pull a leaver to put on the parking break. ?Having a push button is so convenient.

DSC_0014

My favorite feature was the panoramic sunroof. ?I am used to driving a small SUV and I was a little worried about how closed in I would feel in a sudan. ?To be honest, it felt a little snug until I hit the button to open the sunroof. ?Within seconds the extra large sunroof let in a lot of light and my claustrophobia disappeared in an instant.

Some other features I love:

  • Navigation System? I would have gotten lost when I went to IKEA without it!
  • The rear view camera.
  • Sound System was fantastic and had a great sound.
  • All of the ports in the car for our USB devices.
  • The steering wheel? I loved how the polished wood felt and the easy access to volume control, cruise control and the Bluetooth system.

DSC_0015

I decided to take the Optima on a trip to Cincinnati to visit the closest IKEA. ?My two little ones came with me. ?Installing their car seats in the backseat was a breeze (I had my husband do it). ?With the LATCH system it took a matter of moments. ?They fit without any problems. ?The only thing that I didn?t like was that my infant seat couldn?t click down and latch until after I started the car and the front seat moved up. ?If you have an infant seat that is large like mine I suggest moving it to the passenger side of the car for this reason. ?There was plenty of room for both carseats and a person in-between if they didn?t mind it being tight. ?My mother in law actually had to get back there to feed Caroline on our trip. ?I like that the two kids weren?t right on top of each other.
DSC_0016

The trunk space was amazing for a sedan. ?I could fit a stroller and all of my purchases in the back end without any problems. ?I got a rug and several other items at IKEA and had extra space after loading them into the trunk.

Look at all this trunk space.  I didn't have any problem loading in

Look at all this trunk space. I didn?t have any problem loading in all of my shopping stuff!

Overall? the 2013 Kia Optima SX is a very sleek, sporty mommy vehicle that is perfect for a small family. ?The features are amazing and plentiful and make this mommy feel extremely spoiled. ?I felt that the ride was smooth and it had a lot of power. ?At times I needed to use the cruise control because I didn?t realize how fast I was actually going. ?I love that it tells you how many miles you have left before you need to fill up, and the gas mileage is great (about 25 in city and 30 highway).

2013 Kia Optima SX

This 2013 Kia Optima SX has a MSRP of $35,275 will all of these options.

Visit ?Kia to learn more about the?Optima?and all it has to offer. ?You can also find them on?Facebook?and?twitter!

A huge thank you to Kia who provided our family with this amazing car to drive for a week. ?All opinions are 100% mine!

Source: http://amomsimpression.com/2013/03/29/2013-kia-optima-sx/

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Buster Posey gets $167M, 9-year deal from Giants

San Francisco Giants' Buster Posey removes his cap during batting practice before an exhibition spring training baseball game against the Oakland Athletics, Thursday, March 28, 2013, in San Francisco. (AP Photo/Ben Margot)

San Francisco Giants' Buster Posey removes his cap during batting practice before an exhibition spring training baseball game against the Oakland Athletics, Thursday, March 28, 2013, in San Francisco. (AP Photo/Ben Margot)

San Francisco Giants' Buster Posey (28) swings for an RBI single off Oakland Athletics' Tommy Milone in the third inning of an exhibition spring training baseball game Thursday, March 28, 2013, in San Francisco. (AP Photo/Ben Margot)

(AP) ? Buster Posey is the San Francisco Giants' new franchise man.

The Giants rewarded the NL MVP and batting champion catcher with a $167 million, nine-year contract Friday, a deal that includes a club option for 2022 that could raise the value to $186 million over a decade.

Posey had been due to make $8 million this year. He instead gets a $7 million signing bonus, with $5 million payable Oct. 15 and the remainder Jan. 15, and his 2013 salary is reduced to $3 million.

He will make $10.5 million in 2014, $16.5 million in 2015, $20 million in 2016 and $21.4 million in each of the following five seasons. The Giants' option is for $22 million with a $3 million buyout.

Posey's agreement includes a full no-trade clause. Is the longest for a catcher and the largest in Giants history, surpassing Matt Cain's $127.5 million, six-year contract signed before the start of last season.

In addition, the deal is a record guarantee for a player with fewer than three years of major league service time ? more than doubling the $80 million, seven-year contract Rockies slugger Carlos Gonzalez received before the 2011 season. It also is a record guarantee for a player with fewer than four years of service time, topping the $151.45 million over 11 years Colorado's Todd Helton was assured in March 2001.

The Giants captured their second championship in three years behind the play of the All-Star, who won the NL batting title and MVP award after missing most of 2011 following season-ending left leg and ankle injury.

Posey batted .336 with 24 homers and 103 RBIs while playing 148 games for the NL West champions, including 111 starts at catcher and 29 at first base. During the Giants' 2010 and '12 championship runs, Posey has hit a combined .244 with four home runs and 14 RBIs.

Two of those homers and five RBIs came in last year's NL division series against the Reds, when San Francisco became the first team in big league history to rally from a 2-0 deficit to win a five-game series with three straight road victories.

On May 25, 2011, Posey tore three ligaments in his left ankle and broke a bone in his lower leg in a devastating collision at the plate with Scott Cousins, then with the Marlins.

Posey received his nice payday two days after turning 26. He will donate $50,000 per year to Giants charities.

Posey could wind up playing his entire career in the Bay Area ? and the Giants certainly hope that will be the case. The club posted a photo on its Twitter account Friday of Posey, CEO Larry Baer, general manager Brian Sabean, vice president and assistant general manager Bobby Evans and manager Bruce Bochy ? with the hashtag "SFG4Life."

The 2010 NL Rookie of the Year is represented by the same agency that negotiated Cain's deal last year, and both sides were eager to do something again this year to lock Posey up for the long-term.

"We're extremely pleased to reach an agreement that keeps Buster in a Giants uniform for a long time," agent Jeff Berry of CAA Baseball said. "Buster and the Giants have brought each other mutual success, and this contract reflects Buster's extraordinary accomplishments in just three years in the Major Leagues."

The contract includes the following bonuses: $100,000 for NL MVP, $100,000 for World Series MVP, $75,000 for NL championship series MVP, $50,000 for a Gold Glove, $50,000 for All-Star Game election, $25,000 for All-Star selection and $50,000 for a Silver Slugger.

In 2010, Posey wasn't even called up from Triple-A Fresno until late May but still batted .305 with 18 home runs and 67 RBIs in 108 games to help the Giants capture their first NL West crown since 2003.

San Francisco gave him $6.2 million when he signed in August 2008 as the fifth overall pick out of Florida State, the richest deal for an amateur joining the Giants.

___

AP Sports Writer Ronald Blum contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/347875155d53465d95cec892aeb06419/Article_2013-03-29-BBN-Giants-Posey/id-db531ea22dc643a788c5c304300adab8

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Friday, March 29, 2013

Rice's Laura Segatori wins NSF CAREER Award

Rice's Laura Segatori wins NSF CAREER Award [ Back to EurekAlert! ] Public release date: 28-Mar-2013
[ | E-mail | Share Share ]

Contact: Jade Boyd
jadeboyd@rice.edu
713-348-6778
Rice University

Engineering researcher creating new tools to study Parkinson's disease

HOUSTON -- (March 28, 2013) -- Some human cells forget to empty their trash bins, and when the garbage piles up, it can lead to Parkinson's disease and other genetic and age-related disorders. Scientists don't yet understand why this happens, and Rice University engineering researcher Laura Segatori is hoping to change that, thanks to a prestigious five-year CAREER Award from the National Science Foundation (NSF).

CAREER Awards support the research and educational development of young scholars that the NSF expects to become leaders in their field. The grants are usually worth about $400,000 and are among the most competitive awards from NSF, which awards only about 400 each year across all disciplines.

Segatori, Rice's T.N. Law Assistant Professor of Chemical and Biomolecular Engineering and assistant professor of bioengineering and of biochemistry and cell biology, will use her CAREER grant to create a toolkit for probing the workings of the cellular processes that lead to accumulation of waste material and development of diseases, such as Parkinson's and lysosomal storage disorders. Each tool in the kit will be a nanoparticle -- a speck of matter about the size of a virus -- with a specific shape, size and charge. By tailoring each of these properties, Segatori's team will create a series of specialized probes that can undercover the workings of a cellular process called autophagy.

"We've done a lot of studies on the biology of this process, and we work with some people at Baylor College of Medicine who are experts in this area and who have animal models of these diseases," Segatori said. "What we are asking now is, What are the design rules to make nanoparticles that will activate this pathway?"

Autophagy is the main process by which damaged or toxic materials are broken down within cells. First, the cell recognizes that something is trash and earmarks it for disposal by bagging it in a thin sac, or membrane. These bags of trash are called "autophagosomes," and in the second step of the process, an organelle called the "lysosome" collects the bags and empties their contents into a chamber, where they are broken down and recycled.

"In some diseases, autophagosomes form to compartmentalize the material, but they are never cleared by the lysosomes, so the autophagosomes accumulate," Segatori said. "In Parkinson's, for instance, neuronal cells simply cannot keep up with the amount of autophagosomes that contain the misfolded amyloid proteins associated with the disease.

"But we also know that some nanoparticles can inactivate the lysosome function because of the charge on their surface," she said. "For instance, studies have shown that autophagosomes form to compartmentalize gold nanoparticles. At first glance, it might appear that autophagy is taking place because one can observe many autophagosomes in the cell. But in reality, the autophagosomes containing the nanoparticles are never cleared out by the lysosome. So they accumulate in much the same way that the amyloids accumulate in Parkinson's."

In previous research, Segatori studied a protein that acts as a trigger for both halves of the autophagic process. The protein -- transcription factor EB (TFEB) -- must be present for trash to be both collected and degraded via autophagy. Segatori and her team also found that TFEB plays an important role in rescuing misfolding and aggregation proteins. In the CAREER research program, Segatori will examine how cells respond to more than a dozen nanoparticles. By gauging the cell's autophagic reaction to particles of specific size and charge, she hopes to identify other key proteins like TFEB and also learn how to regulate them.

"The idea, essentially, is to figure out the design 'rules' that we must follow to make nanoparticles that enhance this clearance machinery," she said. "We want to understand the characteristics of a nanoparticle that might activate part of the process but then impair it somewhere along the line, such as gold nanoparticles do.

"Eventually, once we understand how to design a nanoparticle to activate autophagy, we will use it as a tool to learn more about the autophagic process itself because there are still many question marks in biology regarding how this pathway works," Segatori said. "It's not completely clear how it is regulated. It seems that excessive autophagy may activate cell death, but it's not yet clear. In short, we are looking for more than therapeutic applications. We are also hoping to use these nanoparticles as tools to study the basic science of autophagy."

###

High-resolution IMAGES are available for download at: http://news.rice.edu/wp-content/uploads/2013/03/0328-CAREER-Segatori-lg.jpg.

CAPTION: Laura Segatori

CREDIT: Jeff Fitlow/Rice University

A copy of the NSF grant abstract is available at: http://www.nsf.gov/awardsearch/showAward?AWD_ID=1254318.


[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


Rice's Laura Segatori wins NSF CAREER Award [ Back to EurekAlert! ] Public release date: 28-Mar-2013
[ | E-mail | Share Share ]

Contact: Jade Boyd
jadeboyd@rice.edu
713-348-6778
Rice University

Engineering researcher creating new tools to study Parkinson's disease

HOUSTON -- (March 28, 2013) -- Some human cells forget to empty their trash bins, and when the garbage piles up, it can lead to Parkinson's disease and other genetic and age-related disorders. Scientists don't yet understand why this happens, and Rice University engineering researcher Laura Segatori is hoping to change that, thanks to a prestigious five-year CAREER Award from the National Science Foundation (NSF).

CAREER Awards support the research and educational development of young scholars that the NSF expects to become leaders in their field. The grants are usually worth about $400,000 and are among the most competitive awards from NSF, which awards only about 400 each year across all disciplines.

Segatori, Rice's T.N. Law Assistant Professor of Chemical and Biomolecular Engineering and assistant professor of bioengineering and of biochemistry and cell biology, will use her CAREER grant to create a toolkit for probing the workings of the cellular processes that lead to accumulation of waste material and development of diseases, such as Parkinson's and lysosomal storage disorders. Each tool in the kit will be a nanoparticle -- a speck of matter about the size of a virus -- with a specific shape, size and charge. By tailoring each of these properties, Segatori's team will create a series of specialized probes that can undercover the workings of a cellular process called autophagy.

"We've done a lot of studies on the biology of this process, and we work with some people at Baylor College of Medicine who are experts in this area and who have animal models of these diseases," Segatori said. "What we are asking now is, What are the design rules to make nanoparticles that will activate this pathway?"

Autophagy is the main process by which damaged or toxic materials are broken down within cells. First, the cell recognizes that something is trash and earmarks it for disposal by bagging it in a thin sac, or membrane. These bags of trash are called "autophagosomes," and in the second step of the process, an organelle called the "lysosome" collects the bags and empties their contents into a chamber, where they are broken down and recycled.

"In some diseases, autophagosomes form to compartmentalize the material, but they are never cleared by the lysosomes, so the autophagosomes accumulate," Segatori said. "In Parkinson's, for instance, neuronal cells simply cannot keep up with the amount of autophagosomes that contain the misfolded amyloid proteins associated with the disease.

"But we also know that some nanoparticles can inactivate the lysosome function because of the charge on their surface," she said. "For instance, studies have shown that autophagosomes form to compartmentalize gold nanoparticles. At first glance, it might appear that autophagy is taking place because one can observe many autophagosomes in the cell. But in reality, the autophagosomes containing the nanoparticles are never cleared out by the lysosome. So they accumulate in much the same way that the amyloids accumulate in Parkinson's."

In previous research, Segatori studied a protein that acts as a trigger for both halves of the autophagic process. The protein -- transcription factor EB (TFEB) -- must be present for trash to be both collected and degraded via autophagy. Segatori and her team also found that TFEB plays an important role in rescuing misfolding and aggregation proteins. In the CAREER research program, Segatori will examine how cells respond to more than a dozen nanoparticles. By gauging the cell's autophagic reaction to particles of specific size and charge, she hopes to identify other key proteins like TFEB and also learn how to regulate them.

"The idea, essentially, is to figure out the design 'rules' that we must follow to make nanoparticles that enhance this clearance machinery," she said. "We want to understand the characteristics of a nanoparticle that might activate part of the process but then impair it somewhere along the line, such as gold nanoparticles do.

"Eventually, once we understand how to design a nanoparticle to activate autophagy, we will use it as a tool to learn more about the autophagic process itself because there are still many question marks in biology regarding how this pathway works," Segatori said. "It's not completely clear how it is regulated. It seems that excessive autophagy may activate cell death, but it's not yet clear. In short, we are looking for more than therapeutic applications. We are also hoping to use these nanoparticles as tools to study the basic science of autophagy."

###

High-resolution IMAGES are available for download at: http://news.rice.edu/wp-content/uploads/2013/03/0328-CAREER-Segatori-lg.jpg.

CAPTION: Laura Segatori

CREDIT: Jeff Fitlow/Rice University

A copy of the NSF grant abstract is available at: http://www.nsf.gov/awardsearch/showAward?AWD_ID=1254318.


[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


Source: http://www.eurekalert.org/pub_releases/2013-03/ru-rls032813.php

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Assange legal shakeup: Prosecutor walks, Supreme Court judge to ...

The lead Swedish prosecutor pursuing sexual assault charges against WikiLeaks founder Julian Assange is no longer handling the case, media reports revealed. Her departure comes as a top Swedish judge is set to speak publicly on the ?Assange affair.?

Recent court documents have revealed that starting Wednesday, high-profile Swedish prosecutor Marianne Nye will no longer be at the helm of the case against Assange, the Sydney Morning Herald reported. Nye will be replaced by her far less experienced colleague Ingrid Isgren; the reasons for her departure have not been disclosed.

However, according to a Swedish newspaper report, Nye "has not quit the Assange case formally rather that there is a new 'investigator,'" WikiLeaks tweeted on Thursday.

Meanwhile, Anna Ardin, one of two women who accused Julian Assange of sex crimes, also moved to fire her controversial lawyer Claes Borgstrom late last month after she lost faith in his ability to represent her. ?

Ardin charged that Borgstrom was more interested in being in the media spotlight than providing her legal counsel, and has often referred her inquiries to his secretary or assistant. The court has approved Ardin?s new lawyer, Elisabeth Massi Fritz, the Sydney Morning Herald reported.

Borgstrom reportedly supported his former client?s decision, saying that "in cases concerning sexual offenses, it is particularly important that the plaintiff has confidence in the lawyer representing her," Swedish tabloid Expressen quoted him as saying.

News of the legal shakeup in the Assange case comes less than a week before Swedish Supreme Court judge Stefan Lindskog?s lecture at the University of Adelaide on the ?Assange affair, and freedom of speech, from the Swedish perspective."

Assange blasted Justice Lindskog ? who is chair of the Supreme Court of Sweden, the country's highest court of appeal ? for his decision to publicly discuss the case.

"If an Australian High Court judge came out and spoke on a case the court expected or was likely to judge, it would be regarded as absolutely outrageous," he told Fairfax media.

Wikileaks founder Julian Assange gestures as he addresses members of the media and supporters from the window of the Ecuadorian embassy in Knightsbridge, west London on December 20, 2012. (AFP Photo)

"This development is part of a pattern in which senior Swedish figures including the Swedish Foreign Minister, the Prime Minister and Minister for Justice have all publicly attacked me or WikiLeaks," Assange added.

Upon announcing Lindskog?s upcoming lecture, Adelaide University said that "as one of Sweden's most eminent jurists he is uniquely able to provide an authoritative view of the Assange affair.?

WikiLeaks characterized the judge?s lecture as part of the Swedish government campaign against Assange, following Swedish Foreign Minister Carl Bildt?s recent visit to Australia.

"The head of Swedish Supreme Court campaigning on a case they expect to judge with $ from the embassy in the run up to an election," the group wrote on Twitter.

Assange, who is running in for the Australian Senate in the September 14 federal elections, has previously said that securing a seat in the senate could potentially secure him safe passage out of the UK.

He has been holed up in the Ecuadorean embassy in London since June, after claiming asylum in a bid to avoid extradition to Sweden, where he is wanted for questioning on sexual assault allegations. British authorities have vowed to detain him if he sets foot outside of the embassy, in light of the European Arrest Warrant issued against him.

If handed over to Swedish authorities, Assange fears he will be re-extradited to the United States to be questioned over the WikiLeaks release of thousands of US diplomatic cables. Assange believes that a conviction in a US court could result in the death penalty.

Ecuador has offered to allow the Swedish government to conduct an interview on the embassy?s premises, but the Swedish government has so far refused the offer.

Source: http://rt.com/news/assange-prosecutor-judge-speech-992/

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Tuesday, March 12, 2013

Investing 101: Anatomy of a Bull Market | Breakout - Yahoo! Finance

This weekend marked the four year anniversary of the 2009 market lows, and it comes just days after the Dow Jones Industrials hit new all-time highs. So it seems fitting to assess this historic move and put it into context.

For this edition of Investing 101, we will grab the bull by the horns, and analyze these most lucrative periods of rising stocks that are typically referred to as bull markets.

What exactly is a bull market?

According to Investopedia, "Bull markets are characterized by optimism, investor confidence and expectations that strong results will continue." It's a term that can be applied to any type of securities trading but, the site says, it is most often used to describe the stock market, and is the metaphoric antonym to the term bear market.

How long do bull markets last?

That depends. According to the Stock Traders Almanac the longest bull market we've had since 1900 lasted 2,836 days and ran from October 1990 to July 1998, wracking up a whopping 295% gain for the Dow Jones Industrials along the way. The Almanac says that the shortest bull market in the past 100 years lasted just 61 days during the summer of 1932 yet still saw the Dow bounce 94%! Those are of course the extremes, but the average bull market of the past century has lasted 755 days and delivered an 85% gain. The current bull run is now four years old and up about 120%, making it significantly above average by both measures.

How do bull markets start and end?

"Bear markets begin at the end of one bull market and end at the start of the next bull market," the Stock Trader Almanac states, implying that a cycle change occurs any time the market retreats 20% or more. While bear markets must eclipse this 20% threshold to exist, bull markets have no such requirement, besides the fact that they reside in between these periods of sharp retreat.

Can there ever be a 'bull within a bear' or vice versa?

In short, yes. These shorter term, more customary bull and bear cyclical moves often happen within a much larger and longer secular trend. In fact, there is a debate amongst professionals right now over whether the four-year rally we are presently in is the start of a new mega-uptrend or just a really nice bounce within a much longer slump that began with the bursting of the dot-com bubble 13 years ago. Josh Brown of the Reformed Broker blog recently pointed that "the last secular bear market, from 1966 to 1982" saw investors reap virtually no gains for 16 years. Of course that preceded an enormous 18 year run-up that saw the S&P 500 topping in March of 2000 at levels it still hasn't meaningfully eclipsed today. Should the S&P 500 breakout to new highs then investors will likely acknowledge that a new secular bull market began in March of 2009. Should it falter from it, then the secular bear crowd will need further proof that our downtrend doesn't have further to go.

How did bull and bear markets get their names?

Investopedia says it "comes from the way the animals attack their opponents. A bull thrusts its horns up into the air while a bear swipes its paws down."

Source: http://finance.yahoo.com/blogs/breakout/investing-101-anatomy-bull-market-121138887.html

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