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Monday, October 3, 2011

Action Insight Mid-Day Report 10-3-11

ActionForex.com
Action Insight Market Overview Markets Snapshot

Mid-Day Report: Manufacturing Data Helps Stabilize Sentiments

After being pressured for most of the day on Greece situation, markets sentiments stabilize on better than expected manufacturing data from US and UK. The ISM manufacturing index unexpectedly improved from 50.6 to 51.6 in September versus expectation of a drop to 50.3. The details are solid with production up from 48.6 to 51.2 while employment rose from 51.8 to 53.8. UK manufacturing PMI unexpectedly moved back above 50 to 51.1 in Octobers, signaling mild expansion. Eurozone manufacturing PMI was revised from 48.4 to 48.5 in September. Other data released saw Swiss SVME PMI unexpectedly dropped sharply to 48.2 in September while retail sales dropped -1.9% yoy in August. Japan's quarterly Tankan index of large manufacturers rose from -9 to 2 in Q3. Non-manufacturers index rose to 1.

Full Report Here...


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Featured Technical Report

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3516; (P) 1.3598 (R1) 1.3676; More.

Intraday bias in EUR/USD remains on the downside for the moment and recent fall should be in progress to 161.8% projection of 1.4939 to 1.3969 from 1.4548 at 1.2979, which is close to 1.3 psychological level. On the upside, above 1.3465 minor resistance will turn bias neutral and bring consolidations. But break of 1.3689 resistance is needed to signal short term bottoming. Otherwise, outlook will remain bearish.

Read more...

Forex Brokers
Advanced Currency Markets GFT FXCM
Special Report

China Watch: Rebound In PMI Alleviates Hard Landing Concerns

China's manufacturing PMI climbed for a second consecutive month, by +0.3 points, to 51.2 in September, reversing the declining trend formed since March. The report suggested China's manufacturing activities have stabilized modestly and should alleviate some concerns on a hard landing. However, the seasonally-adjusted picture appeared less rosy with the index falling to 51.3 from 51.7 in August. The index compiled by HSBC PMI was revised higher to 49.9, same as Augusts' reading and staying below the expansion-contraction threshold of 50. Therefore, investors should not turn too optimistic about the country's manufacturing sector yet.

Read more...

RBA On Hold In October, Chance Of Rate Later In The Year Increases

Global economic outlook and sovereign debt crisis in the Eurozone have deteriorated rapidly since the last RBA meeting. While domestic growth had remained solid, Australia's economy will inevitably be damped should world economic uncertainty increase. Some investors have since the last meeting anticipated a rate cut by the RBA. Cash-rate futures show that investors are betting the RBA will cut the key rate to 4.03% by December from the current rate of 4.75%.

Read more...

Economic Indicators Update

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GMT Ccy Events Actual Consensus Previous Revised
23:50 JPY Tankan Large Manufacturers Index Q3 2 2 -9
23:50 JPY Tankan Non-Manufacturing Index Q3 1 2 -5
07:15 CHF Retail Sales (Real) Y/Y Aug -1.90% 4.50% 1.90% 2.90%
07:30 CHF SVME-PMI Sep 48.2 50.5 51.7
08:00 EUR Eurozone PMI Manufacturing Sep F 48.5 48.4 48.4
08:30 GBP PMI Manufacturing Sep 51.1 48.5 49
14:00 USD Construction Spending M/M Aug 1.40% -0.20% -1.30%
14:00 USD ISM Manufacturing Sep 51.6 50.3 50.6
14:00 USD ISM Prices Paid Sep 56 53.8 55.5
Orders and Options Watch

US Session: Orders and Options Watch

EUR: Despite falling to an 8-month low of 1.3314, the single currency recovered in part due to the release of slightly better-than-expected eurozone PMI manufacturing data, talk of ECB buying Spanish and Italian debt also seen supporting the euro. At the moment, bids from Asian CBs and margin accounts are noted from 1.3330 down to 1.3300 with stops seen below latter level where barrier is located, next option barrier at 1.3275. On the upside, mixtures of offers (from U.S. names) and stops are seen at 1.3380-90 and further out at 1.3450-60.

Read more...

Forex Trade Ideas

Trade Idea Update: USD/CHF – Buy at 0.9030

As the greenback has retreated after faltering below indicated previous resistance at 0.9144, suggesting consolidation below intra-day high of 0.9129  would take place and pullback to the Kijun-Sen (now at 0.9060) would be seen, however, renewed buying interest should emerge above previous resistance at 0.9022 and bring another rise later. A break indicated resistance at 0.9144 would confirm the correction from 0.9183 has ended at 0.8918, bring resumption of upmove for a retest of 0.9183 later.

Read more...

Trade Idea: EUR/JPY – Target met and sell again at 103.90

Friday’s anticipated selloff adds credence to our view that correction from 101.95 has ended at 104.96 last week (our short position entered at 104.50 met target at 102.50) and bearishness remains for recent decline to resume after consolidation, break of said support at 101.95 would extend weakness to 101.50 and possibly towards 101.00, however, loss of momentum would prevent sharp fall below there and reckon 100.50 would hold.

Read more...

Candlesticks Intraday Trade Ideas Update Schedule (GMT):
1st Update: 0630 - 0700; 2nd Update: 0930 - 1000; 3rd Update: 1230 - 1300; 4th Update: 1500 - 1530
Pairs Covered: EUR/USD, USD/JPY, GBP/USD, USD/CHF

Elliott Wave Daily Trade Ideas Update Schedule (GMT):
AUD/USD, EUR/JPY: 0800 - 0830; EUR/GBP, USD/CAD: 1430 - 1500

Suggested Readings

Fundamental Highlights

Technical Highlights


Forward this report to a friend!

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[Slashdot] Stories for 2011-10-03

======================================================================
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======================================================================

Slashdot Daily Newsletter

In this issue:
* Florida Reduces Penalties For 'Sexting' Teens
* Ask Slashdot: How to Exploit Post-Cataract Ultraviolet Vision?
* Psystar Loses Appeal In Apple Case
* Tesla Model S: 0-60 In 4.5 Seconds
* Hot Multi-OS Switching — Why Isn't It Everywhere?
* Google Opens First Retail Outlet In London
* Citigroup Questions Whether US Spectrum Shortage Exists
* Canadian Court Finds Website Scraping Infringes Copyright
* Tom's Hardware Pits Newest Firefox, Opera and Chrome Against Each Other
* ODF 1.2 Is Approved
* Amazon's Silk: SaaS Is Closing the Net
* Facebook's Faces Trademark Suit Over Timeline
* Russian Software Company Says Its App Can Crack BlackBerry Security
* Security Vulnerabilities On HTC Android Devices
* Prototyping Boards Make It Easier To Find Flaws in Specialized Hardware
* Privacy Groups Ask FTC For Facebook Investigation
* World Solar Challenge 2011 Starts In Two Weeks

+--------------------------------------------------------------------------------------------------------
| Florida Reduces Penalties For 'Sexting' Teens
| from the more-time-to-work-through-their-shame dept.
| posted by Soulskill on Sunday October 02, @02:21 (Cellphones)
| with 242 comments
| https://mobile.slashdot.org/story/11/10/02/0018257/florida-reduces-penalties-for-sexting-teens?utm_source=newsletter&utm_medium=email
+--------------------------------------------------------------------------------------------------------

SonicSpike sends word that Florida has [0]changed how law enforcement
deals with teenagers who send racy pictures to each other over their
phones. Quoting CNN: "Before Saturday, a Florida teenager who sent or
received nude photos or video could have been charged with a felony and
forced to register as a sex offender. But a new law, recognizing the
proliferation of cell phones and computers, eases the penalties for
'sexting' infractions. A first offense is punishable by eight hours of
community service or a $60 fine; the second is a misdemeanor and the
third is a felony. ... Under House Bill 75, teens who receive explicit
images won't be charged if they took reasonable steps to report it, did
not solicit the image and did not send it to someone."

Discuss this story at:
https://mobile.slashdot.org/story/11/10/02/0018257/florida-reduces-penalties-for-sexting-teens?utm_source=newsletter&utm_medium=email#commentlisting

Links:
0. http://edition.cnn.com/2011/10/01/us/florida-sexting/

+--------------------------------------------------------------------------------------------------------
| Ask Slashdot: How to Exploit Post-Cataract Ultraviolet Vision?
| from the oh-not-ultraviolent dept.
| posted by timothy on Sunday October 02, @15:36 (Medicine)
| with 229 comments
| https://ask.slashdot.org/story/11/10/02/1937232/ask-slashdot-how-to-exploit-post-cataract-ultraviolet-vision?utm_source=newsletter&utm_medium=email
+--------------------------------------------------------------------------------------------------------

[0]xmas2003 writes "I recently had [1]cataract surgery with a Crystalens
implant. With my cloudy yellowing (UV-filtering) natural lens removed, I
see the world in a new light (more on that in a moment) as everything is
brighter and colors are more vivid ... plus in focus. As a typical
Slashdot reader, I've been myopic since childhood, so it's wonderful not
to have to wear glasses/contacts for distance. One interesting oddity is
that [2]I can now see ultraviolet light ��� it seems that [3]there are a
few people who have photoreceptors sensitive below 400nm into the UV
spectrum. I've done some testing with a Black Light and UV filter to
confirm this but would love to do more conclusive testing such as using a
[4]Monochromator ��� anyone in the Boulder, Colorado area have access to
one? And any suggestions from Slashdot readers on how I can further
explore this phenomenon? While I can't [5]see dead people, I guess I have
a 'superpower' ... although I'm not sure a middle-aged suburbanite dad
should don purple tights and cape to become a crime-fighter!"

Discuss this story at:
https://ask.slashdot.org/story/11/10/02/1937232/ask-slashdot-how-to-exploit-post-cataract-ultraviolet-vision?utm_source=newsletter&utm_medium=email#commentlisting

Links:
0. http://www.komar.org/
1. http://www.komar.org/faq/colorado-cataract-surgery-crystalens/
2. http://www.komar.org/faq/colorado-cataract-surgery-crystalens/ultra-violet-color-glow/
3. http://money.cnn.com/magazines/fortune/fortune_archive/2005/04/04/8255929/
4. http://en.wikipedia.org/wiki/Monochromator
5. http://www.imdb.com/title/tt0167404/

+--------------------------------------------------------------------------------------------------------
| Psystar Loses Appeal In Apple Case
| from the sir-can-I-have-another dept.
| posted by timothy on Sunday October 02, @13:21 (OS X)
| with 221 comments
| https://apple.slashdot.org/story/11/10/02/1643219/psystar-loses-appeal-in-apple-case?utm_source=newsletter&utm_medium=email
+--------------------------------------------------------------------------------------------------------

The dispute between Mac cloner [0]Psystar and Apple has been a long and
twisty one; now, reader UnknowingFool writes that "Last week, the U.S.
Ninth Circuit Court of Appeals [1]ruled mostly against Psystar in their
appeal of their case with Apple. The Court found for Apple in that they
did not misuse copyright by having conditions in the OS X license.
Psystar won on one point in which some of the court orders should have
not been sealed."

Discuss this story at:
https://apple.slashdot.org/story/11/10/02/1643219/psystar-loses-appeal-in-apple-case?utm_source=newsletter&utm_medium=email#commentlisting

Links:
0. http://en.wikipedia.org/wiki/Psystar_Corporation
1. http://www.groklaw.net/article.php?story=20110929014241932

+--------------------------------------------------------------------------------------------------------
| Tesla Model S: 0-60 In 4.5 Seconds
| from the mind-the-headwinds dept.
| posted by timothy on Sunday October 02, @17:41 (Transportation)
| with 208 comments
| https://hardware.slashdot.org/story/11/10/02/2140259/tesla-model-s-0-60-in-45-seconds?utm_source=newsletter&utm_medium=email
+--------------------------------------------------------------------------------------------------------

thecarchik writes "We already know a lot about the all-electric 2012 [0]
Tesla Model S sedan ��� but at a press event ahead of tonight's exclusive
VIP event at the former Toyota NUMMI facility in Fremont, California,
Tesla CEO Elon Musk announced Tesla was making a faster Model S for those
with a sporty side. [1]Cutting the brisk 0-60 time of the standard Model
S from 5.6 second to under 4.5 seconds, the sportier version features the
same 85 kilowatt-hour, 300 miles-per-charge battery pack found in the
2012 Model S Signature series. 'That's quicker than a [Porsche] 911
[Carrera],' joked Musk. 'Not bad for an electric luxury sedan.' But if
you thought 300 miles was the maximum range a Tesla Model S could do,
you'd be wrong."

Discuss this story at:
https://hardware.slashdot.org/story/11/10/02/2140259/tesla-model-s-0-60-in-45-seconds?utm_source=newsletter&utm_medium=email#commentlisting

Links:
0. http://www.greencarreports.com/overview/tesla_model-s_2012
1. http://www.greencarreports.com/news/1066795_breaking-tesla-making-faster-2012-model-s-0-60-in-under-4-5-seconds

+--------------------------------------------------------------------------------------------------------
| Hot Multi-OS Switching — Why Isn't It Everywhere?
| from the all-the-tradeoffs-conspire dept.
| posted by timothy on Sunday October 02, @10:22 (Operating Systems)
| with 187 comments
| https://tech.slashdot.org/story/11/10/02/1420204/hot-multi-os-switching-why-isnt-it-everywhere?utm_source=newsletter&utm_medium=email
+--------------------------------------------------------------------------------------------------------

First time accepted submitter [0]recrudescence writes "Slashdot readers
might remember the [1]Touchbook announcement from [2]Always Innovating
stirring up a lot of excitement in the Slashdot community back in 2009
(almost a year before the iPad was announced and essentially killed this
off, and way before the Asus Transformer, which is essentially the same
idea). The company's new product seems to [3]support Hot multi-OS
switching, supposedly with a minimal performance penalty. What seems
strange to me is, why haven't other developers jumped in on this already?
Macs, for instance, made a huge campaign of their products' [4]new
ability to finally support Microsoft Windows, yet (disregarding emulation
options) they're still limited to booting to a single working system at
any time."

Discuss this story at:
https://tech.slashdot.org/story/11/10/02/1420204/hot-multi-os-switching-why-isnt-it-everywhere?utm_source=newsletter&utm_medium=email#commentlisting

Links:
0. mailto:tpapastylianou@hotmail.com
1. http://mobile.slashdot.org/story/09/03/02/1635210/new-netbook-offers-detachable-tablet
2. http://www.alwaysinnovating.com/home/
3. http://www.alwaysinnovating.com/products/aios.htm
4. http://www.apple.com/uk/findouthow/mac/#windowsmac

+--------------------------------------------------------------------------------------------------------
| Google Opens First Retail Outlet In London
| from the but-it's-still-in-beta dept.
| posted by Soulskill on Sunday October 02, @05:30 (Google)
| with 161 comments
| https://news.slashdot.org/story/11/10/02/023251/google-opens-first-retail-outlet-in-london?utm_source=newsletter&utm_medium=email
+--------------------------------------------------------------------------------------------------------

theodp writes "Google is following in the footsteps of Apple and
[0]Microsoft. The London Evening Standard reports that [1]the world's
first 'Google Store' has opened in a PC World on London's gadget street,
Tottenham Court Road. Officially known as 'the Chromezone,' the 285sq.
ft. pop-up 'shop within a shop,' which only sells Google's Chromebook
laptop and a few accessories such as headphones, will run for three
months up to Christmas. But if the low-key experiment is successful,
Google could follow Apple in opening permanent stores around the world.
'It is our first foray into physical retail,' said Google's Arvind
Desikan. 'This is a new channel for us and it's still very, very early
days. It's something Google is going to play with and see where it
leads.'"

Discuss this story at:
https://news.slashdot.org/story/11/10/02/023251/google-opens-first-retail-outlet-in-london?utm_source=newsletter&utm_medium=email#commentlisting

Links:
0. http://slashdot.org/story/09/02/13/043207/microsoft-to-open-retail-stores
1. http://www.thisislondon.co.uk/standard/article-23992985-googles-first-store-pops-up-in-london.do

+--------------------------------------------------------------------------------------------------------
| Citigroup Questions Whether US Spectrum Shortage Exists
| from the blame-the-spectrum-speculators dept.
| posted by Soulskill on Saturday October 01, @23:19 (Wireless Networking)
| with 120 comments
| https://mobile.slashdot.org/story/11/10/01/2215201/citigroup-questions-whether-us-spectrum-shortage-exists?utm_source=newsletter&utm_medium=email
+--------------------------------------------------------------------------------------------------------

alphadogg writes "For more than two years, the U.S. mobile industry has
warned of an upcoming spectrum shortage, but [0]two analysts at Citigroup
don't buy it. AT&T, trade group CTIA and even officials with the U.S.
Federal Communications Commission have talked frequently about a coming
spectrum crunch, as mobile customers move to data-sucking smartphones and
tablets. Smartphones use 24 times the spectrum compared to standard
mobile phones, and tablets use 120 times the spectrum, FCC Chairman
Julius Genachowski said in a speech on Tuesday. But Citigroup analysts
Jason Bazinet and Michael Rollins questioned what has become the
conventional wisdom in the mobile industry. The U.S. has plenty of
spectrum for mobile broadband, but much of it is in the wrong hands, they
said."

Discuss this story at:
https://mobile.slashdot.org/story/11/10/01/2215201/citigroup-questions-whether-us-spectrum-shortage-exists?utm_source=newsletter&utm_medium=email#commentlisting

Links:
0. http://www.networkworld.com/news/2011/093011-citigroup-questions-if-us-spectrum-251472.html

+--------------------------------------------------------------------------------------------------------
| Canadian Court Finds Website Scraping Infringes Copyright
| from the didja-see-the-eula-punk dept.
| posted by timothy on Sunday October 02, @11:19 (Canada)
| with 119 comments
| https://yro.slashdot.org/story/11/10/02/1437207/canadian-court-finds-website-scraping-infringes-copyright?utm_source=newsletter&utm_medium=email
+--------------------------------------------------------------------------------------------------------

First time accepted submitter wrecked writes "A trial judgment from
British Columbia, Canada, found that [0]Zoocasa, a real estate search
site operated by Rogers Communications, breached copyright by scraping
real estate listings and photos from Century 21 Canada. [1]The decision
thoroughly reviews the issues of website scraping, Terms of Use, 'Shrink
Wrap' and 'Click Wrap' Agreements, robots.txt files, and copyright
implications of hyperlinking. For American readers used to multi-million
dollar damages, the court here awarded $1,000 (one thousand dollars) for
breach of the Century 21 website's Terms of Use, and statutory copyright
damages totalling $32,000 ($250 per infringing real estate photo). More
[2]analysis at Michael Geist's blog, [3] and the Globe & Mail."

Discuss this story at:
https://yro.slashdot.org/story/11/10/02/1437207/canadian-court-finds-website-scraping-infringes-copyright?utm_source=newsletter&utm_medium=email#commentlisting

Links:
0. http://www.zoocasa.com/en/
1. http://www.canlii.org/en/bc/bcsc/doc/2011/2011bcsc1196/2011bcsc1196.html
2. http://www.michaelgeist.ca/content/view/5996/125/
3. http://www.theglobeandmail.com/report-on-business/industry-news/the-law-page/why-reading-a-websites-fine-print-matters/article2173530/

+--------------------------------------------------------------------------------------------------------
| Tom's Hardware Pits Newest Firefox, Opera and Chrome Against Each Other
| from the do-the-windows-numbers-hold-for-linux? dept.
| posted by timothy on Sunday October 02, @19:47 (Chrome)
| with 114 comments
| https://tech.slashdot.org/story/11/10/02/2319210/toms-hardware-pits-newest-firefox-opera-and-chrome-against-each-other?utm_source=newsletter&utm_medium=email
+--------------------------------------------------------------------------------------------------------

An anonymous reader writes "Firefox 7 was released a couple days ago, and
now the [0]latest Web browser performance numbers are in. This article is
the same series that ran benchmarks on Mac OS X Lion last month. This
time around the new Mozilla release is going against Chrome 14 and Opera
11.51 in 40+ different tests on Windows 7. Testing comes from every
category of Web browsing performance I can think of: startup time, page
load time, JS, CSS, DOM, HTML5, Flash, hardware acceleration, WebGL,
Java, Silverlight, reliable page loads, memory usage/management, and
standards conformance. The article also has a little feature on the
Futuremark Peacekeeper browser benchmark. An open beta of the next
revision has just been made public. This new version adds HTML5, video
codecs, and WebGL tests to the benchmark. It's also designed to run on
any browser/OS/device combination ��� e.g. Windows desktop, iPad, Droid 2,
MacBook, Linux flavors, etc. Another great read, a must for Web browser
fanatics!"

Discuss this story at:
https://tech.slashdot.org/story/11/10/02/2319210/toms-hardware-pits-newest-firefox-opera-and-chrome-against-each-other?utm_source=newsletter&utm_medium=email#commentlisting

Links:
0. http://www.tomshardware.com/reviews/firefox-7-web-browser,3037.html

+--------------------------------------------------------------------------------------------------------
| ODF 1.2 Is Approved
| from the boy-that-was-fast dept.
| posted by Soulskill on Saturday October 01, @21:42 (Software)
| with 99 comments
| https://news.slashdot.org/story/11/10/02/0010211/odf-12-is-approved?utm_source=newsletter&utm_medium=email
+--------------------------------------------------------------------------------------------------------

An anonymous reader writes with news that [0]the Open Document Format 1.2
specification has [1]finally been approved. "The most important
improvement to ODF 1.2 is the newly built spreadsheet support. The old
format was buggy and had a lot of legacy problems. Therefore the new
spreadsheet module was written from scratch. 'A complete clean room
implementation of the spreadsheet formula was built,' said [Michiel
Leenaars, director of the Internet Society Netherlands]. ... Another
important improvement in ODF 1.2 is the support for Resource Description
Framework (RDF) metadata, a W3C standard model for data interchange on
the Web. ... Instead of only being able to link to a URL, RDF allows
users to link text in documents to other things like a V-Card or a
calendar item. Companies can use this technology to structure their
workflow."

Discuss this story at:
https://news.slashdot.org/story/11/10/02/0010211/odf-12-is-approved?utm_source=newsletter&utm_medium=email#commentlisting

Links:
0. http://www.robweir.com/blog/2011/09/odf12-approved.html
1. http://www.pcworld.com/businesscenter/article/240930/spreadsheets_come_to_odf_as_version_12_wins_approval.html

+--------------------------------------------------------------------------------------------------------
| Amazon's Silk: SaaS Is Closing the Net
| from the how-many-gardens-can-fit-in-an-internet dept.
| posted by Soulskill on Sunday October 02, @08:17 (Cloud)
| with 82 comments
| https://yro.slashdot.org/story/11/10/02/0159228/amazons-silk-saas-is-closing-the-net?utm_source=newsletter&utm_medium=email
+--------------------------------------------------------------------------------------------------------

[0]jfruhlinger writes "Much of the initial reaction to Amazon's Silk
browser was interest in how it uses the cloud to [1]speed up browsing.
But at what cost? There are privacy concerns, of course, as Amazon will
have a record of your browsing; but in a larger philosophical sense, Silk
is of a piece with Facebook and Apple's iOS walled garden, an
[2]intermediary between you and the Internet."

Discuss this story at:
https://yro.slashdot.org/story/11/10/02/0159228/amazons-silk-saas-is-closing-the-net?utm_source=newsletter&utm_medium=email#commentlisting

Links:
0. http://joshreads.com/
1. http://tech.slashdot.org/story/11/09/29/008247/amazons-new-silk-redefines-browser-tech
2. http://www.itworld.com/security/208851/closing-net

+--------------------------------------------------------------------------------------------------------
| Facebook's Faces Trademark Suit Over Timeline
| from the ask-the-traveler-for-help dept.
| posted by Soulskill on Saturday October 01, @20:15 (Facebook)
| with 79 comments
| https://yro.slashdot.org/story/11/10/01/2220255/facebooks-faces-trademark-suit-over-timeline?utm_source=newsletter&utm_medium=email
+--------------------------------------------------------------------------------------------------------

[0]sydneyhype writes "Facebook's [1]recently announced Timeline feature
is [2]up against legal action from an online social-scrapbooking company
that has been in business since 2008. The company, [3]Timelines.com,
filed a trademark-infringement suit yesterday against Facebook, claiming
it is to prevent being '[4]rolled over and quite possibly eliminated by
the unlawful action by the world's largest and most powerful social-media
company, Facebook.'"

Discuss this story at:
https://yro.slashdot.org/story/11/10/01/2220255/facebooks-faces-trademark-suit-over-timeline?utm_source=newsletter&utm_medium=email#commentlisting

Links:
0. http://www.sydneyhype.com.au/
1. http://yro.slashdot.org/story/11/09/22/2021204/facebook-unveils-timeline-updated-open-graph
2. http://news.cnet.com/8301-1023_3-20113958-93/chicago-company-sues-facebook-over-timeline-feature/
3. http://timelines.com/
4. http://techcrunch.com/2011/09/30/timeslines-facebook-timeline-trademark-lawsuit/

+--------------------------------------------------------------------------------------------------------
| Russian Software Company Says Its App Can Crack BlackBerry Security
| from the put-down-that-wrench dept.
| posted by timothy on Sunday October 02, @12:25 (Blackberry)
| with 66 comments
| https://mobile.slashdot.org/story/11/10/02/1624216/russian-software-company-says-its-app-can-crack-blackberry-security?utm_source=newsletter&utm_medium=email
+--------------------------------------------------------------------------------------------------------

AZA43 leaps into the ranks of accepted submitters, writing "Russian
security software vendor Elcomsoft has released an app that it claims can
[0]determine BlackBerry handheld passwords. The software supposedly hacks
the BlackBerry password via an advanced handheld security setting that's
meant to encrypt data stored on a user's memory card. And a hacker
doesn't even need to have the BlackBerry to determine a password, just
the media card."

Discuss this story at:
https://mobile.slashdot.org/story/11/10/02/1624216/russian-software-company-says-its-app-can-crack-blackberry-security?utm_source=newsletter&utm_medium=email#commentlisting

Links:
0. http://blogs.cio.com/blackberry/16530/blackberry-media-card-encryption-security-risk

+--------------------------------------------------------------------------------------------------------
| Security Vulnerabilities On HTC Android Devices
| from the bit-of-an-oopsie dept.
| posted by timothy on Sunday October 02, @14:29 (Android)
| with 65 comments
| https://yro.slashdot.org/story/11/10/02/1829237/security-vulnerabilities-on-htc-android-devices?utm_source=newsletter&utm_medium=email
+--------------------------------------------------------------------------------------------------------

[0]revjtanton writes "In recent updates to some of its devices, HTC
introduced a suite of logging tools that collected information. Lots of
information. LOTS. Whatever the reason was, whether for better
understanding problems on users' devices, easier remote analysis, or
corporate evilness ��� it doesn't matter." That's because "any app on
affected devices that requests a single android.permission.INTERNET
(which is normal for any app that connects to the web or shows ads)" on
one of these phones [1]can now grab all sorts of interesting bits from
the logged data.

Discuss this story at:
https://yro.slashdot.org/story/11/10/02/1829237/security-vulnerabilities-on-htc-android-devices?utm_source=newsletter&utm_medium=email#commentlisting

Links:
0. http://www.wibit.net/
1. http://www.androidpolice.com/2011/10/01/massive-security-vulnerability-in-htc-android-devices-evo-3d-4g-thunderbolt-others-exposes-phone-numbers-gps-sms-emails-addresses-much-more/

+--------------------------------------------------------------------------------------------------------
| Prototyping Boards Make It Easier To Find Flaws in Specialized Hardware
| from the arduino-nuclear-plant dept.
| posted by timothy on Sunday October 02, @09:20 (Security)
| with 52 comments
| https://hardware.slashdot.org/story/11/10/02/138208/prototyping-boards-make-it-easier-to-find-flaws-in-specialized-hardware?utm_source=newsletter&utm_medium=email
+--------------------------------------------------------------------------------------------------------

wiredmikey writes "Author Robert Vamosi writes an interesting piece on
how security researchers are using open source 'prototyping boards' and
other open source tools now available via the Internet for [0]rapid
prototyping of tools used in hardware analysis. 'The days of saying it
would take the resources of a nation-state to discover or exploit
vulnerabilities in a particular piece of hardware in an industrial
control system or a healthcare environment are rapidly fading,' he
writes. Vendors who do not test their products before selling them into
the field are doomed to be targets of future research and, perhaps,
attacks."

Discuss this story at:
https://hardware.slashdot.org/story/11/10/02/138208/prototyping-boards-make-it-easier-to-find-flaws-in-specialized-hardware?utm_source=newsletter&utm_medium=email#commentlisting

Links:
0. http://www.securityweek.com/new-prototyping-boards-make-diy-hardware-hacks-easy

+--------------------------------------------------------------------------------------------------------
| Privacy Groups Ask FTC For Facebook Investigation
| from the dear-mark-letter dept.
| posted by timothy on Sunday October 02, @16:38 (Cloud)
| with 43 comments
| https://yro.slashdot.org/story/11/10/02/2036246/privacy-groups-ask-ftc-for-facebook-investigation?utm_source=newsletter&utm_medium=email
+--------------------------------------------------------------------------------------------------------

An anonymous reader writes "10 public-interest groups [0]have asked the
Federal Trade Commission to investigate Facebook's various business
practices. This demand comes right after two similar ones this week: two
U.S. congressmen [1]asked the FTC to investigate how Facebook's cookies
behave, and Ireland's Data Protection Commissioner [2]has agreed to
conduct a privacy audit of Facebook. Given that the social network's
international headquarters is in Dublin, the latter is the more serious
one as the large majority of the site's users could be affected."

Discuss this story at:
https://yro.slashdot.org/story/11/10/02/2036246/privacy-groups-ask-ftc-for-facebook-investigation?utm_source=newsletter&utm_medium=email#commentlisting

Links:
0. http://www.zdnet.com/blog/facebook/privacy-groups-ask-ftc-for-facebook-investigation-too/4282
1. http://www.zdnet.com/blog/facebook/us-congressmen-ask-ftc-to-investigate-facebook-cookies/4218
2. http://www.zdnet.com/blog/facebook/irish-data-protection-commissioner-to-begin-facebook-audit/4262

+--------------------------------------------------------------------------------------------------------
| World Solar Challenge 2011 Starts In Two Weeks
| from the aussies-know-transportation dept.
| posted by timothy on Sunday October 02, @18:40 (Transportation)
| with 24 comments
| https://tech.slashdot.org/story/11/10/02/222205/world-solar-challenge-2011-starts-in-two-weeks?utm_source=newsletter&utm_medium=email
+--------------------------------------------------------------------------------------------------------

First time accepted submitter [0]SustainableJeroen writes "In less than
two weeks the bi-annual [1]World Solar Challenge will start. Around
[2]forty teams, mostly made up of university students from around the
globe, will battle each other for first place in the de facto world
championship of solar car racing. The teams will race each other on the
3000km Stuart highway between Darwin and Adelaide, while dodging road
trains, dust devils and kangaroos. The fastest teams will cover this
distance in four to five days, while it is by no means certain that all
teams will make it to the finish line. In 2009, the [3]Tokai University
team from Japan unexpectedly took first place in this high-tech brain
sport, with four-time winner [4]Nuon Solar Team having to settle for
second place. Who will win this edition? There are a number of very
strong contenders, but as the differences among the top teams and their
cars are very, very small it's impossible to say in advance."

Discuss this story at:
https://tech.slashdot.org/story/11/10/02/222205/world-solar-challenge-2011-starts-in-two-weeks?utm_source=newsletter&utm_medium=email#commentlisting

Links:
0. mailto:jeroen@solarwebsite.nl
1. http://www.worldsolarchallenge.org/
2. http://www.solarwebsite.nl/en/world-solar-challenge-2011/
3. http://deka.challe.u-tokai.ac.jp/lp/
4. http://www.nuonsolarteam.nl/?lang=en


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Action Insight Daily Report 10-3-11

ActionForex.com
Action Insight Market Overview Markets Snapshot

Daily Report: Dollar Jumps as Risk Off, Greece to Miss Deficit Targets

Dollar jumps broadly on risk aversion as the week starts on renewed concern on Greek default. Greece needs to secure the next tranche of bailout funding of EUR 8b or it will run out of cash this month. In spite of it's austerity measures, Greece is still being hit by ongoing recession. The 2012 draft budget approved by the Greek cabinet over the weekend projects 2011 deficit to be at 8.5% GDP, well short of the 7.6% target as agreed for the first bailout. 2012 deficit target will is projected to be at 6.8% GDP, and will also miss target of 6.5%. Greece will remain the focus for the time being as EU finance ministers are going to meet today in Brussels while everybody is waiting for troika's report on Greece's situation.

Full Report Here...


jpyvol.png
nzdusdpiv.png

Featured Technical Report

EUR/JPY Daily Outlook

Daily Pivots: (S1) 102.57; (P) 103.53; (R1) 104.03; More

The break of 103.00 minor support suggests that EUR/JPY's recovery has completed at 104.92 already. Intraday bias is flipped back to the downside for 101.93 low first. Break will confirm resumption of recent decline and should target 100 psychological level next. On the upside, above 104.92 will delay the bearish case and bring more consolidations. But after all, upside should be limited below 106.98 resistance and bring downside breakout eventually.

Read more...

Forex Brokers
Advanced Currency Markets GFT FXCM
Special Report

China Watch: Rebound In PMI Alleviates Hard Landing Concerns

China's manufacturing PMI climbed for a second consecutive month, by +0.3 points, to 51.2 in September, reversing the declining trend formed since March. The report suggested China's manufacturing activities have stabilized modestly and should alleviate some concerns on a hard landing. However, the seasonally-adjusted picture appeared less rosy with the index falling to 51.3 from 51.7 in August. The index compiled by HSBC PMI was revised higher to 49.9, same as Augusts' reading and staying below the expansion-contraction threshold of 50. Therefore, investors should not turn too optimistic about the country's manufacturing sector yet.

Read more...

RBA On Hold In October, Chance Of Rate Later In The Year Increases

Global economic outlook and sovereign debt crisis in the Eurozone have deteriorated rapidly since the last RBA meeting. While domestic growth had remained solid, Australia's economy will inevitably be damped should world economic uncertainty increase. Some investors have since the last meeting anticipated a rate cut by the RBA. Cash-rate futures show that investors are betting the RBA will cut the key rate to 4.03% by December from the current rate of 4.75%.

Read more...

Economic Indicators Update

Top trading expert speakers, analysts and exhibitors. Discover the Newest Comer to the market, analyze latest market trends explore different trading platforms, and explore a wide opportunity on future investments. The 9th ME Forex & Investment Summit 2011

Don’t miss this year’s World MoneyShow London, 11-12 November 2011 at the Queen Elizabeth II Conference Centre. Be there as recommendations and advice are revealed for how to best position your portfolio for profit—in 2011 and beyond. Don't miss out... Register Free Today!

GMT Ccy Events Actual Consensus Previous Revised
23:50 JPY Tankan Large Manufacturers Index Q3 2 2 -9
23:50 JPY Tankan Non-Manufacturing Index Q3 1 2 -5
7:15 CHF Retail Sales (Real) Y/Y Aug 4.50% 1.90%
7:30 CHF SVME-PMI Sep 50.5 51.7
8:00 EUR Eurozone PMI Manufacturing Sep F 48.4 48.4
8:30 GBP PMI Manufacturing Sep 48.5 49
14:00 USD Construction Spending M/M Aug -0.20% -1.30%
14:00 USD ISM Manufacturing Sep 50.3 50.6
14:00 USD ISM Prices Paid Sep 53.8 55.5
Orders and Options Watch

European Session: Orders and Options Watch

JPY: The greenback moved higher after triggering stops above 77.10 and 77.25, however, indicated offers from exporters at 77.30/40 capped dollar's upside so far and price has retreated on risk aversion. The release of Q3 Tankan big firms CAPEX was very much within expectation and had little impact on the FX market. At the moment, offers are still noted at 77.30-40 with bigger stops placed above 77.50 but more selling interest should emerge around 77.70-80 with next batch of stops seen at 77.90-00. On the downside, bids are tipped at 76.70-80 and also 76.50 with stops located below 76.50 and 76.30.

Read more...

Forex Trade Ideas

Trade Idea: USD/CHF – Buy at 0.9030

The greenback extended last week’s rise from 0.8918, adding credence to our view that correction from 0.9183 has possibly ended at 0.8918 and bullishness remains for test of indicated resistance at 0.9144, however, a sustained breach above there is needed to confirm and bring resumption of upmove for a retest of 0.9183 later. Looking ahead, only above said resistance at 0.9183 would extend recent major reversal from 0.7068 low to 0.9200

Read more...

Trade Idea: EUR/USD – Sell at 1.3450

The single currency opened lower this week after last week’s selloff from 1.3690 and the breach of previous support at 1.3360 confirms recent decline has resumed and further weakness to 1.3300 would be seen, however, loss of near term downward momentum should prevent sharp fall below 1.3270 and reckon 1.3250 would hold from here, risk from there has increased for a corrective rebound later.

Read more...

Candlesticks Intraday Trade Ideas Update Schedule (GMT):
1st Update: 0630 - 0700; 2nd Update: 0930 - 1000; 3rd Update: 1230 - 1300; 4th Update: 1500 - 1530
Pairs Covered: EUR/USD, USD/JPY, GBP/USD, USD/CHF

Elliott Wave Daily Trade Ideas Update Schedule (GMT):
AUD/USD, EUR/JPY: 0800 - 0830; EUR/GBP, USD/CAD: 1430 - 1500

Suggested Readings

Fundamental Highlights

Technical Highlights


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