Monday, July 30, 2012

Oil Prices Should Actually Be Lower

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Mon 30 Jul 12 | 10:33 AM ET

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Mon 30 Jul 12 | 10:33 AM ET

Bill Featherston, UBS, and Fadel Gheit, Oppenheimer, discuss the energy sector. U.S. election-year rhetoric is having an impact on oil prices, Gheit says.

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Source: http://www.cnbc.com/id/15840232?video=3000106183&play=1

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Electrical Engineer,Electrician - Benefits of Control Systems











Electrical engineers are responsible for electricity related jobs. An electrician does low level work. Individuals with a formal qualification in electrical engineering are recruited in companies that manufacture control systems, offer instrumentation and automation solutions. A power systems engineer is a specialized electrical engineer who is expert in power systems.

A lighting control system is usually maintained by an electrical engineer. It controls electric lighting and its associated devices. It can be part of both private and public lighting solution. They are utilized for aesthetic, working and security illumination purposes. The term includes interior, exterior and landscape lighting. A lighting control system can be a part of sustainable architecture. It can also be used as component of lighting design for green building programs. This program promotes energy conservation techniques.

The lighting control system made by an electrical engineer comes with an embedded processor. Modern lighting control systems include one or more portable or mounted keypad or touchscreen control interfaces. Mobile phone operation is supported. These controls permit users the ability to remotely toggle power to groups of lights or an individual light. Control systems can operate dimmers and pre-program space lighting levels.

Lighting control systems have major advantages over conventional individual switching. They can control any light or a cluster of lights or all lights in a building from a single user interface device. The control can be in any location. Such control over multiple sources of light results in the creation of complex light scenes. A room may have multiple lighting scenes. Each lighting scene is suitable for different activities that take place in the room. Different lights can create change in the ambient mood. This is made possible by a single press of a button. Lighting control systems are widely used in landscape design in the form of landscape lighting. Control systems also direct motorized gates, water spa heating and fountain pumps to name a few. Benefits of such a technology include reduction in consumption of energy and costs in power by a more efficient use of energy and longer bulb life. The carbon footprint of the civil structure also becomes lower.

An electrical engineer have multiple choices of lighting control systems like chronological time, astronomical time, outdoor or room space occupancy, alarm conditions, events and program logic.

Chronological time is that particular time of day used by pre-set timers. The list of astronomical times include sunrise, sunset, a particular day of week or days in a month or year. Occupancy of the room can be determined with RFID tags or motion detectors and can be a part of energy conservation or security programs. Use of artificial lighting can be reduced by automatically dimming and switching electrical lights in response to daylighting levels. Mobile phones can be used to operate lights.

The electrical engineer can use lighting control systems for architectural lighting purposes like control of lights in a theatre. This includes rehearsal lighting, work lights as well as lobby lighting. Control stations can take the form of LCD touchscreen consoles.

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Sunday, July 29, 2012

PFT: Holmgren's future in Cleveland still cloudy

Father-and-Son

With defensive coordinator Gregg Williams suspended indefinitely and no other person holding the title even on an interim basis and with the Rams putting on the pads Sunday for the first time in the Jeff Fisher era, an important question remains.

Who?s running the defense?

The coaching staff has three men who have held the ?defensive coordinator? title at the NFL level:? Fisher, assistant head coach Dave McGinnis, and secondary coach Chuck Cecil.

But the defense being installed is the Gregg Williams defense.? So who?s in best position to actually implement it?

It?s possibly linebackers coach Blake Williams.? As in the son of Gregg Williams.

Linebacker James Laurinaitis recently explained that, to date, it?s been a committee approach when it comes to coaching the defense.? But the only coach Laurinaitis mentioned by name was Blake Williams.

?A different [day] in practice it?ll be a different guy calling the plays,? Laurinaitis told 92.3 The Fan in Cleveland, via SportsRadioInterviews.com.? ?We have Blake Williams, Gregg Williams? son, and he kind of grew up in this defense.? It?s safe to say that on some of the modifications of Gregg Williams? defense over the years has been because of Blake and his intelligence.?

And here?s where a cynic would wonder, as some in league circles have, whether Blake Williams will be serving as a surrogate for Gregg Williams in 2012.? Yeah, Gregg Williams is suspended and he can?t talk to anyone from the team.? But he surely can talk to his own son ? and unless the league office will be monitoring those communications, Gregg Williams can share thoughts with his son regarding how his son is doing his job.

In theory, father and son also can get together from time to time.? Dinner, for example, once or twice a week.? Absent supervision from 345 Park Avenue, what?s to keep them from working to put together a game plan for the upcoming game?

We?re not saying it will happen.? And we take no position on whether it would be justified by the league?s arguable overreaction to the Saints? pay-for-performance system.

The point is that, with no one identified as the interim defensive coordinator and with the son of the defensive coordinator on the coaching staff, the Rams (if everyone is discreet) can still find a way to get the benefit of Gregg Williams? insights, ideas, and strategies.

Source: http://profootballtalk.nbcsports.com/2012/07/28/holmgrens-future-in-cleveland-remains-cloudy/related/

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How you define Customer Service? | travel sercity

Hi!
Good day to all, i hope all of you have had a great time over the last few weeks of July:)

On another note, i?ll like to inform my fellow readers of Burpz that we will be moving towards the direction of providing feedback to our readers about the customer service in Singapore and all across Asia!

So the question is?. How does this work?

Yes, we will be traveling all across Singapore and Asia to do our review on the customer service our dear restaurants, hotels, transport systems and even retail outlets have to offer. From that, we will be benchmarking them with a ranking of 1 ? 10 with 10 being Excellent and 1 being Very Poor.

So help us! If you have any experiences that you want to share, or if you want us to check out a certain place or even have us at your place as a mystery shopper, email us at enquiries2burpz@gmail.com and we will be down in no time to give you consumers/ business owners a review:)

Till then, happy shopping eating and traveling!

Leaving you with something i got from Susan Ward:

Good customer service is the lifeblood of any business. You can offer promotions and slash prices to bring in as many new customers as you want, but unless you can get some of those customers to come back, your business won?t be profitable for long.

Good customer service is all about bringing customers back. And about sending them away happy ? happy enough to pass positive feedback about your business along to others, who may then try the product or service you offer for themselves and in their turn become repeat customers.

If you?re a good salesperson, you can sell anything to anyone once. But it will be your approach to customer service that determines whether or not you?ll ever be able to sell that person anything else. The essence of good customer service is forming a relationship with customers ? a relationship that that individual customer feels that he would like to pursue.

How do you go about forming such a relationship? By remembering the one true secret of good customer service and acting accordingly; ?You will be judged by what you do, not what you say.?

Paris

Source: http://travel.sercity.com/how-you-define-customer-service/

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Witness: Soldier who killed self was forced to crawl

A Chinese-American soldier in Afghanistan was forced to crawl about 50 yards as punishment while his superiors yelled and hurled rocks at him hours before he took his own life, a fellow soldier testified on Friday in a court-martial hearing.

U.S. Army Private Danny Chen killed himself by a gunshot in a guard tower in southern Afghanistan last October.

One of his superiors, Sergeant Adam Holcomb, is standing trial in Fort Bragg on allegations his physical mistreatment and racial harassment pushed Chen to commit suicide.

Holcomb, 30, has pleaded not guilty and faces nearly 18 years of confinement and a dishonorable discharge if convicted on charges that include negligent homicide.

On Friday, Holcomb's defense lawyers called a dozen witnesses in an attempt to shift the focus from his conduct to what some described as Chen's shortcomings as a soldier.

The soldiers described harsh conditions at the remote combat outpost where stress ran high, politically incorrect nicknames were used and soldiers endured physical discipline when they failed to measure up.

A service member who served with Chen, Specialist Nicholas Sepeda, said Chen was not physically fit when he arrived in Afghanistan and their superiors frequently put him through "corrective training" involving push-ups, squats and other harsher measures.

He described the scene of Chen being forced to crawl to a guard tower while several non-commissioned officers threw rocks at him and yelled, "Incoming!"

"I didn't think it was right they were throwing rocks at him," Sepeda said.

On one occasion, Holcomb pulled Chen out of his bunk and dragged him across sharp rocks, lacerating his back, Sepeda said. Sepeda took photographs of the injuries.

"He was treated like dirt, wasn't he?" a military prosecutor asked Sepeda on cross-examination. "Yes he was," Sepeda replied.

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But Sepeda said non-commissioned officers at the outpost disciplined or "smoked" other solders, including himself.

Sepeda said he did not think Chen was targeted for harassment as much as he initially thought immediately after Chen's suicide.

Sergeant William Zade, another defense witness, said Chen often showed up late for guard duty and frequently fell asleep in the guard tower and could not be trusted to go out on patrols.

"Basic skills ? he was deficient in all of them," Zade said. "We had to prod him to learn."

Specialist Zachary Bolin, a medic assigned to the outpost, said anytime he saw Chen being disciplined, he thought there was a reason for it.

Bolin said he heard Chen referred to as "dragon lady."

Holcomb is accused of using racial slurs and failing to stop his subordinates from using similar offensive language.

"It was just a nickname," Bolin said. "It wasn't said with anger or disrespect."

Private First Class Timothy Carner described what he called bizarre behavior by Chen, including a time when Chen chose to sleep in a portable toilet.

"I asked him about it," Carner said. "He didn't feel like he deserved to sleep in a bed, so he went and slept in a port a-potty. I felt it was a very strange decision to make."

Holcomb's lawyers plan to call three more defense witness on Saturday, the fifth day of the trial.

Seven of Chen's other superiors from the Alaska-based 1st Brigade, 25th Infantry Division, are also charged in the case and will be tried separately.

(c) Copyright Thomson Reuters 2012. Check for restrictions at: http://about.reuters.com/fulllegal.asp

Source: http://www.msnbc.msn.com/id/48370055/ns/us_news-crime_and_courts/

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Monday, July 23, 2012

Credit Stocks Derivatives Finance CFA FRM Course: Free Classes ...

50 hours course in MATLAB for Finance

By Shivgan Joshi (shivgan3@gmail.com)

Course is divided into 15 classes:

1. Intro to MATLAB; comparison with SAS, R and other tools; jobs

2. Functions, data handling, Array, structures,

3. Advanced data manipulation, graphics display

4. Financial applications: FI, portfolio and Fin Time series

5. Financial terms that are used

6. Black schools, Ito, other quant finance theories

7. Financial time series terms and data prep

8. Financial time series advanced functions

9. FRM 2 book 1 ( risk )

10. FRM 2 book 2 (credit risk)

11. Portfolio optimization and analysis of measures

12. Monte Carlo simulation

13. Technical Analysis, Algorithmic trading and MATLAB

14. CMT and Algo trading

15. Revision, practice and doubt session

Class one agenda:

Utility of Course

How it takes your beyond excel

Comparison of MATALB SAS R Excel/VBA

1. As far as the comparison goes, R vs MATLAB, MATLAB is much easier and the only reason people do R in west is because R is free and MATLAB is very expensive.

2. As per my knowledge R and SAS are not so much user friendly, although when it comes to hardcore data handling SAS is much much better. MATLAB is good for easier applications.

Three job profiles:

1. Bond spreads, CDS, fixed income etc (M)

2. VAR, PoD, bond portfolio, companies bond, trading data and VAR for that, etc (G)

3. Data cleaning for Time series, other data cleaning and optimizations (E)


Class 2

Matrix, types of data,

1. Types of array / matrix / data types / vector arrays etc

2. Reducing and selecting of Matrix

3. Looping for data handing in Excel

4. Movement and arrays of data

5. Data management or data cleaning or data optimization skills used in matlab

6. Loop for data correction like addressing blank or data types management

7. Data cleaning, data modifications, data arrays, struct, rating matrix, selection of elements from rating matrix, banks internal rating and pod computations, post that you made


Struct http://www.mathworks.in/help/techdoc/ref/struct.html

1. For those who have not done Programming before the logical flow like For statement becomes the first Hurdle

2. Regression using MATLAB

3. Symbolic computations

4. Making Chart: Polyval(c,x) to make the long elements that can be then used for making chart

5. Different way to make different type of matrix, like equal, incremental etc

6. Matrix division vs Element by element division

Class three

1. There was array handing, and how to manage data for Quant Finance

2. Preparing data for final analysis for: Algo trading & VAR computations

3. Reading Data from SQL Database and linking the system (advanced and out of scope), MATLAB Database toolbox

  1. Making Chart: Polyval(c,x) to make the long elements that can be then used for making chart

Book Recommended:

1. MATLAB Basics and Beyond; This book has lot of graphic and graphics and data type forms.

2. MATLAB Primer

Class four:

Five area of MATLAB you need to master

1. StatisticalToolbox

2. Symbolic computation toolbox

3. Fixed income

4. Econometrics (Monte Carlo)

5. Derivatives

Class 5

Financial terms used Basics of all terms

1. Black Scholes, Monet Carlo, Stochastic Calculus, Greeks, Decision Tree, Regression

2. Structured Financial Products:, CDS, CDO, MBS (Fixed income from CFA L2/FRM L2)

Generic Knowledge about the industry needed:

1. Data -- Inter-phasing -- Output

2. Spreads changing

3. Bank Rating Consumer

4. Shorting CDS

5. Causes and Role of Goldman on Greece Crisis

Class six FTS:

Time Series terms:

1. Box Cox transformation method

2. Ito process

3. ARCH GARCH

4. Stochastic Volatility

Class 7

1. Normalizing and making data relevant by Data cleaning (playing with matrix) example for financial times series

Class 9 & 10

Statistical modelling, variance-covariance modelling, value at risk modelling, regular risk reporting (hot spot reports, concentration reports), risk assessment and style analysis of money managers, term structure modelling, rich cheap analysis

FRM L2 library: PD, LGD, Downgrade, Credit Rating Methodologies

FRM Level 2 terms in MATLAB Stat toolbox:

1. Copula

2. Modelling Tail Data with the Generalized Pareto Distribution

3. Modelling Data with the Generalized Extreme Value Distribution

4. Bayesian Analysis for a Logistic Regression Model

5. Weibull distribution

Class 11

1. Scenario & Sensitivity Analysis, Portfolio Optimization, Asset liability management

Class 12

Monte Carlo

Class 13 & 14

Algorithmic trading

1. Trading MATLAB and importance of Visualization

2. Commodity trading in MATLAB

Class 15

Revision

References:


References
http://www.mathworks.in/help/techdoc/ref/struct.html
http://www.mathworks.in/help/techdoc/ref/size.html
http://www.mathworks.in/help/techdoc/ref/f16-42340.html
http://www.mathworks.in/products/matlab/demos.html?file=/products/demos/shipping/matlab/nddemo.html

Source: http://stockcreditfinancecfa.blogspot.com/2012/07/50-hours-course-in-matlab-for-finance.html

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Bride 9 months pregnant 26 days after wedding

An Egyptian bridegroom discovered, much to his dismay, that 26 days after his wedding, his wife was pregnant.

She was at full-term and about to deliver at the time according to a report in Al Fagr Egyptian daily newspaper.

The husband filed a police complaint and according to the Abu Hamad Police Station, the 24-year old groom has accused his wife of adultery.

The husband said in his complaint that while he was at work he received a telephone call from his parents telling him that his wife is sick and suffering from severe colic pain.

He asked his parents to take his 21-year old wife, is identified as NAM, to hospital.

When his parents rushed her to hospital they were shocked to be told she is pregnant and could be due any time.

The case papers show that the doctors admitted the wife to the operation room where she has gave birth to a baby girl.

The man came to the hospital and took tests and found that the baby is not his.

The police investigation revealed that the wife was betrothed to young man from her village of Saft Al-Henna, but their engagement broke up after 11 months.

The police did question the husband about how he could not have known that his bride is not a virgin as well she was in an advanced phase of pregnancy.

No statement on his answer was given.

Addict stabs mother over drug money

Addicted to drugs, a 39-year old Egyptian man killed his mother after she refused to lend him money to purchase brown sugar

According to a report in Al Masrawy newspaper, Tariq Mohammed got into a quarrel with his mother following which he stabbed her 20 times despite her pleas.

He then stole 9,000 Egyptian dollars and fled.

Police began investigation after they were informed by Tariq?s neighbours who saw the mother lying dead in a pool of blood.

Upon searching the apartment they found a number of Tramadol pills and injections with traces of blood which led them to the culprit.

Tariq was arrested at his friend?s residence where he took refuge.

(Image courtesy Shutterstock)

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Source: http://www.emirates247.com/offbeat/crazy-world/bride-9-months-pregnant-26-days-after-wedding-2012-07-23-1.468419

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