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Beijing Olympic 2008 opening ceremony giant firework footprints 'faked'

General Discussion
Written by Leremy   
Monday, 11 August 2008
Parts of the spectacular Beijing Olympics opening ceremony on Friday were faked because of fears over live filming, it has emerged.


Organisers feared it would be too difficult to capture each footprint live so inserted computer graphics for viewers at home and in the Bird's Nest stadium

As the ceremony got under way with a dramatic, drummed countdown, viewers watching at home and on giant screens inside the Bird's Nest National Stadium watched as a series of giant footprints outlined in fireworks processed gloriously above the city from Tiananmen Square.

What they did not realise was that what they were watching was in fact computer graphics, meticulously created over a period of months and inserted into the coverage electronically at exactly the right moment.

The fireworks were there for real, outside the stadium. But those responsible for filming the extravaganza decided in advance it would be impossible to capture all 29 footprints from the air.

As a result, only the last, visible from the camera stands inside the Bird's Nest was captured on film.

The trick was revealed in a local Chinese newspaper, the Beijing Times, at the weekend.

Gao Xiaolong, head of the visual effects team for the ceremony, said it had taken almost a year to create the 55-second sequence. Meticulous efforts were made to ensure the sequence was as unnoticeable as possible: they sought advice from the Beijing meteorological office as to how to recreate the hazy effects of Beijing's smog at night, and inserted a slight camera shake effect to simulate the idea that it was filmed from a helicopter.

"Seeing how it worked out, it was still a bit too bright compared to the actual fireworks," he said. "But most of the audience thought it was filmed live - so that was mission accomplished."

He said the main problem with trying to shoot the real thing was the difficulty of placing the television helicopter at the right angle to see all 28 footsteps in a row.

One advisor to the Beijing Olympic Committee (BOCOG) defended the decision to use make-believe to impress the viewer. "It would have been prohibitive to have tried to film it live," he said. "We could not put the helicopter pilot at risk by making him try to follow the firework route."

A spokeswoman for BOCOG said the final decision had been made by Beijing Olympic Broadcasting, the joint venture between the International Olympic Committee and local organisers that is responsible for providing the main "feeds" of all Olympic events to viewers around the world.

"As far as we are concerned, we let off the fireworks - that's what's important to us," she said.

Mr Gao said he was worried that technologically literate viewers who spotted the join might be critical, but comments online suggested more admiration of the result.

Although the event as a whole received rapturous reviews abroad, that has not been entirely the case at home. Some internet comments were hostile, saying that while it looked stunning the contents were vacuous.

Others focused on the sheer numbers of people involved - more than 16,000 performers, mostly from People's Liberation Army song and dance troops.

"That certainly showed China's unique character," said one comment. "Namely, that we have 1.3 billion people."

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The Importance of Investing

Stock Market
Written by Ben   
Wednesday, 30 July 2008
Benjamin Graham, the father of value investing, taught Warren Buffett that “Investment is most intelligent when it is most businesslike”. Buffett acted on this philosophy and today he is the second richest man in the world. You too can become rich by following this wisdom.

“Investment is most intelligent when it is most businesslike”. Commit this to your memory; it will do you a world of good.

It is extremely important to know the difference between “to invest” and “to trade”. While the former is the road to riches, the latter is the way to ruin...

To invest in the stock market means to exchange your money for equities that promise safety of principal and a good dividend yield, after careful investigation. To trade is more akin to gambling. It goes after the price instead of the value. Buying and selling in short period of time (usually within a month), traders hope to make quick gains by riding with the trend. Many have failed and many more will find that trading does not pay in the long run.

 

The stock market is a marathon, not a sprint event. Safety of principal is your first priority. If you cannot cut losses quickly, follow the rules of Warren Buffet. His number one rule is: Never lose money. And his number two rule is: Always remember rule number one.

 

If you do not want to lose money, you must make absolutely sure that every buy of yours is a value buy. That means buying sound, solid and well-managed companies, after through research, at rock-bottom prices at all times.

 

Think intelligently and buy wisely. You need to be smart from the start.

 

Good luck and all the best.


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What is marketing?

Educational
Written by Administrator   
Thursday, 17 July 2008
1. You see a gorgeous girl at a party. You go up to her and say: ' I am very rich. Marry me! ' - That's Direct Marketing'

2. You're at a party with a bunch of friends and see a gorgeous girl. One of your friends goes up to her and pointing at you  says: ' He's very rich. 'Marry him.' -That's Advertising'

3. You see a gorgeous girl at a party. You go up to her and get her telephone number. The next day, you call and say: ' Hi, I'm very rich. 'Marry me - That's Telemarketing'

4. You're at a party and see gorgeous girl. You get up and straighten your tie, you walk up to her and pour her a drink, you open the door (of the car)for her, pick up her bag after she drops it, offer her ride and then say:'By the way, I'm rich. Will you 'Marry Me?' - That's Public Relations'

5. You're at a party and see gorgeous girl. She walks up to you and says:'You are very rich! 'Can you marry ! Me?' - That's Brand Recognition'

6. You see a gorgeous girl at a party. You go up to her and say: 'I am very rich. Marry me!' She gives you a nice hard slap on your face. - ' That's Customer Feedback '

7. You see a gorgeous girl at a party. You go up to her and say: 'I am very rich. Marry me!' And she introduces you to her husband. - 'That's demand and supply gap'

8. You see a gorgeous girl at a party. You go up to her and before you say anything, another person come and tell her: 'I'm rich. Will you marry me?' and she goes with him - 'That's competition eating into your market share'

9. You see a gorgeous girl at a party. You go up to her and before you say: 'I'm rich, Marry me!' your wife arrives. - ' That's restriction for entering new markets '

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Altantuya Shaariibuu's Pictures

General Discussion
Written by Administrator   
Monday, 07 July 2008
Most of you may have only seen Altantuya Shaariibuu's passport picture. Here are more pictures of her if you are interested to see.

May the God let Altantuya Shaariibuu rest in peace.

























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Introduction to Candlesticks

Stock Market
Written by Ben   
Sunday, 29 June 2008

Candlestick charting is the Japanese version of bar charting. The Japanese used the technique to trade in rice in the 17th century. Candlestick charts and bar charts give you the same information but presented in different graphic forms. Each stick or bar gives you four information, i.e., the opening price; the closing price; the high price; and the low price. The volume is shown at the bottom.

 A white candlestick is one that closes higher than the opening price. A black candlestick is the other way round, i.e., the closing price is lower than the opening price. A white candlestick is bullish. a black candlestick is bearish. Thus, in chart reading, the closing price is important.

 

Candlesticks have many fanciful names. To name a few there are: marubozu, spinning top, dogi, hammer, hanging man, dragon fly and grave-stone doji . Each name suggests a different kind of candle and carries with it a different value.

 By looking at a daily candle, we can know whether the bull or the bear is in control or whether they are about evenly matched on that day only. This one day information is of little use. So we have to look at the previous candles to get more information. By looking at the past actions, we try to predict what is likely to happen going forward.

 

A doctor will listen at your heartbeats, take your blood pressure, and give you and overall examination to evaluate your overall health. But to give you an operation, he has to do many other things as well, like a blood test, x-ray, etc.

 Likewise, in the stock market, if you want to buy or sell, by looking at a few candles is not enough to enable you to make a good decision. Hence, you have to look at the patterns formed by the individual candles. These patterns are many and varied. Each has its own meaning and interpretation.

 It is beyond the scope of this commentary to explain the meaning of each pattern as this will probably go into more than a hundred page. If you are keen to learn, get yourself a good book and study it like studying for a degree. It is not easy to become proficient in chart reading. Once you are good at it, your return can be enormous.

 At Metastock, we have the monthly charts, weekly charts and daily charts. Normally, I like to look at the weekly chart to get an overall view of the stock and then to look at the daily chart for the details. If we can include a half-hourly chart into it, it will be very useful as we can get the breakdown figures as well. Any genius out there?


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