Australian (ASX) Stock Market Forum

Finland leads the world in weird sports and pranks

My pick of a well-known hoax

Sydney Olympics: Australian radio station Triple M breakfast show The Cage announced in 2002 that Athens had lost the 2004 Summer Olympics because they couldn't be ready in time and that Sydney would have to host it again.
 
Life After Trading : Sky Captain

It’s hard to trade while plummeting from 30,000 feet at high speed ”” so Michael Romanek pulled the ripcord and bid the markets adieu

April/May 2007
www.traderdaily.com

Name: Michael Romanek

Age: 40

Location: London

Then: S&P 500 futures clerk at the Chicago Mercantile Exchange (early 1990s); CME Eurodollar futures trader (1992–1995); short-term interest-rate futures spread trader at the LIFFE (mid-1990s)

Now: Skydiver, helicopter pilot, yachtmaster and scuba diver

Why he left trading: The decline of open-outcry sapped the profession of much of its charm. “I had to ask myself, ‘Do I really want to sit in front of a computer screen all day?’ When you’re on the floor, you can’t imagine being anywhere else.”

Life these days: After skydiving for the first time while on vacation in South Africa in February 2002, Romanek was hooked. He has since jumped from planes more than 300 times, including a dramatic plunge into last summer’s Hedgestock fund festival in England.

He’s still an advisor with the London-based ISG Group, but you’ll usually find him racing yachts, flying helicopters or plummeting from absurd heights ”” he’s one of only a few hundred civilians worldwide to have skydived from 30,000 feet.

Occupational Hazards: “Well, my life-insurance rates have tripled. But the way I see it, there are only so many hours in a day when you can kill yourself.”

What’s next: Romanek plans to climb Mt. Kilimanjaro this year and, in 2008, sail solo from the Canary Islands to the Caribbean. “Someone e-mailed me and said, ‘Surely you’ll have a chase boat along, won’t you?’ I wrote back: ”If I had a chase boat, it wouldn’t exactly be solo, would it?’ ”
 
The 2006 Ig Nobel Prize Winners
[Australia won the Prize for Mathematics]

The 2006 Ig Nobel Prize winners were awarded on Thursday night, October 5, at the 16th First Annual Ig Nobel Prize Ceremony, at Harvard's Sanders Theatre (USA).

ORNITHOLOGY: Ivan R. Schwab, of the University of California Davis, and the late Philip R.A. May of the University of California Los Angeles, for exploring and explaining why woodpeckers don't get headaches.
REFERENCE: "Cure for a Headache," Ivan R Schwab, British Journal of Ophthalmology, vol. 86, 2002, p. 843.
REFERENCE: "Woodpeckers and Head Injury," Philip R.A. May, Joaquin M. Fuster, Paul Newman and Ada Hirschman, Lancet, vol. 307, no. 7957, February 28, 1976, pp. 454-5.
REFERENCE: "Woodpeckers and Head Injury," Philip R.A. May, Joaquin M. Fuster, Paul Newman and Ada Hirschman, Lancet, vol. 307, no. 7973, June 19, 1976, pp. 1347-8.
WHO ATTENDED THE IG NOBEL PRIZE CEREMONY: Ivan Schwab

NUTRITION: Wasmia Al-Houty of Kuwait University and Faten Al-Mussalam of the Kuwait Environment Public Authority, for showing that dung beetles are finicky eaters.
REFERENCE: "Dung Preference of the Dung Beetle Scarabaeus cristatus Fab (Coleoptera-Scarabaeidae) from Kuwait," Wasmia Al-Houty and Faten Al-Musalam, Journal of Arid Environments, vol. 35, no. 3, 1997, pp. 511-6.
WHO ATTENDED THE IG NOBEL PRIZE CEREMONY: Faten Al-Musalam

PEACE: Howard Stapleton of Merthyr Tydfil, Wales, for inventing an electromechanical teenager repellant -- a device that makes annoying high-pitched noise designed to be audible to teenagers but not to adults; and for later using that same technology to make telephone ringtones that are audible to teenagers but probably not to their teachers.
REFERENCE: http://www.compoundsecurity.co.uk
WHO ATTENDED THE IG NOBEL PRIZE CEREMONY: Howard Stapleton planned to attend, but his plans were interrupted by a family medical situation.

ACOUSTICS: D. Lynn Halpern (of Harvard Vanguard Medical Associates, and Brandeis University, and Northwestern University), Randolph Blake (of Vanderbilt University and Northwestern University) and James Hillenbrand (of Western Michigan University and Northwestern University) for conducting experiments to learn why people dislike the sound of fingernails scraping on a blackboard.
REFERENCE: "Psychoacoustics of a Chilling Sound," D. Lynn Halpern, Randolph Blake and James Hillenbrand, Perception and Psychophysics, vol. 39,1986, pp. 77-80.
WHO ATTENDED THE IG NOBEL PRIZE CEREMONY: Lynn Halpern and Randolph Blake

MATHEMATICS: Nic Svenson and Piers Barnes of the Australian Commonwealth Scientific and Research Organization, for calculating the number of photographs you must take to (almost) ensure that nobody in a group photo will have their eyes closed
REFERENCE: "Blink-Free Photos, Guaranteed," Velocity, June 2006,
WHO ATTENDED THE IG NOBEL PRIZE CEREMONY: Nic Svenson and Piers Barnes

LITERATURE: Daniel Oppenheimer of Princeton University for his report "Consequences of Erudite Vernacular Utilized Irrespective of Necessity: Problems with Using Long Words Needlessly."
REFERENCE: "Consequences of Erudite Vernacular Utilized Irrespective of Necessity: Problems with Using Long Words Needlessly," Daniel M. Oppenheimer, Applied Cognitive Psychology, vol. 20, no. 2, March 2006, pp. 139-56.
WHO ATTENDED THE IG NOBEL PRIZE CEREMONY: Daniel Oppenheimer

MEDICINE: Francis M. Fesmire of the University of Tennessee College of Medicine, for his medical case report "Termination of Intractable Hiccups with Digital Rectal Massage"; and Majed Odeh, Harry Bassan, and Arie Oliven of Bnai Zion Medical Center, Haifa, Israel, for their subsequent medical case report also titled "Termination of Intractable Hiccups with Digital Rectal Massage."
REFERENCE: "Termination of Intractable Hiccups with Digital Rectal Massage," Francis M. Fesmire, Annals of Emergency Medicine, vol. 17, no. 8, August 1988 p. 872.
REFERENCE: "Termination of Intractable Hiccups with Digital Rectal Massage,"
Majed Odeh, Harry Bassan, and Arie Oliven, Journal of Internal Medicine, vol. 227, no. 2, February 1990, pp. 145-6. They are at the Department of Internal Medicine, Bnai Zion Medical Center, Haifa, Israel.
REFERENCE: "Hiccups and Digital Rectal Massage," M. Odeh and A. Oliven, Archives of Otolaryngology -- Head and Neck Surgery, vol. 119, 1993, p. 1383
WHO ATTENDED THE IG NOBEL PRIZE CEREMONY: Francis Fesmire

PHYSICS: Basile Audoly and Sebastien Neukirch of the Université Pierre et Marie Curie, in Paris, for their insights into why, when you bend dry spaghetti, it often breaks into more than two pieces.
REFERENCE: "Fragmentation of Rods by Cascading Cracks: Why Spaghetti Does Not Break in Half," Basile Audoly and Sebastien Neukirch, Physical Review Letters, vol. 95, no. 9, August 26, 2005, pp. 95505-1 to 95505-1.
REFERENCE: video and other details at <http://www.lmm.jussieu.fr/spaghetti/index.html>
WHO ATTENDED THE IG NOBEL PRIZE CEREMONY: Basile Audoly and Sebastien Neukirch

CHEMISTRY: Antonio Mulet, José Javier Benedito and José Bon of the University of Valencia, Spain, and Carmen Rosselló of the University of Illes Balears, in Palma de Mallorca, Spain, for their study "Ultrasonic Velocity in Cheddar Cheese as Affected by Temperature."
REFERENCE: "Ultrasonic Velocity in Cheddar Cheese as Affected by Temperature," Antonio Mulet, José Javier Benedito, José Bon, and Carmen Rosselló, Journal of Food Science, vol. 64, no. 6, 1999, pp. 1038-41.
WHO ATTENDED THE IG NOBEL PRIZE CEREMONY: The winners delivered their acceptance speech via video recording.

BIOLOGY: Bart Knols (of Wageningen Agricultural University, in Wageningen, the Netherlands; and of the National Institute for Medical Research, in Ifakara Centre, Tanzania, and of the International Atomic Energy Agency, in Vienna Austria) and Ruurd de Jong (of Wageningen Agricultural University and of Santa Maria degli Angeli, Italy) for showing that the female malaria mosquito Anopheles gambiae is attracted equally to the smell of limburger cheese and to the smell of human feet.
REFERENCE: "On Human Odour, Malaria Mosquitoes, and Limburger Cheese," Bart. G.J. Knols, The Lancet, vol. 348 , November 9, 1996, p. 1322.
REFERENCE: “Behavioural and electrophysiological responses of the female malaria mosquito Anopheles gambiae (Diptera: Culicidae) to Limburger cheese volatiles,” Bulletin of Entomological Research, B.G.J. Knols, J.J.A. van Loon, A. Cork, R.D. Robinson, et al., vol. 87, 1997, pp. 151-159.
REFERENCE: "Limburger Cheese as an Attractant for the Malaria Mosquito Anopheles gambiae s.s.," B.G,J. Knols and R. De Jong, Parasitology Today, yd. 12, no. 4, 1996, pp. 159-61.
REFERENCE: "Selection of Biting Sites on Man by Two Malaria Mosquito Species," R. De Jong and B.G.J. Knols, Experientia, vol. 51, 1995, pp. 80–84.
WHO ATTENDED THE IG NOBEL PRIZE CEREMONY: Bart Knols
 
IMF says Zimbabwe inflation could hit 100,000 pct
Tue 31 Jul 2007

MAPUTO, July 31 (Reuters) - The IMF said on Tuesday that Zimbabwe's year-on-year inflation rate could reach over 100,000 percent by the end of the year.

"...If recent monthly trends continue, (IMF) staff projects that year-on-year inflation could well exceed 100,000 percent by year-end," Abdoulaye Bio Tchane, the IMF's Director of the African Development, told Reuters in an interview.

[Note: Inflation in Australia is about 2 pct]
 
Ice Speedway.

The Fins tend to be quite good at this sport:


I would really love to do this. I love the total commitment going into the corners. The nails in the tires have a nasty habit of getting into leg arteries though...
 
Meditators predict Dow 17,000, near U.S. utopia

By Ayesha Rascoe / Reuters / Mon Jul 30, 2007

U.S. stocks had a tough week with the Dow Jones Industrial Average suffering its worst one-week point drop in five years, but a group of meditators promise their good vibrations will send the index past 17,000 within a year.

A group called the Invincible America Assembly made that claim and more on Friday, insisting they have America's prosperity under control and their positive vibes will bring fewer hurricanes and better U.S.-North Korean relations.

Through group transcendental meditation the assembly -- which has 1,800 people meditating daily in Iowa since it was formed in July 2006 -- releases harmonious waves which benefit all aspects of U.S. life, spokesman Bob Roth told Reuters.

And the group's leader, John Hagelin, said when that number reaches 2,500 within the next 12 months, America will see a major drop in crime and the virtual elimination of all major social and political woes.

Asked what it would take to achieve world peace, Hagelin said such a utopia would need 8,000 meditators.

The group takes credit for, among other things: the Dow Jones Industrial Average reaching a record high of 14,022 last week, unemployment rates falling to a six-year low at 4.5 percent, and North Korea shutting down its nuclear reactor.

It operates two facilities in Iowa, where followers practice several hours of transcendental meditation each day.

"This is not praying for peace, this is not sending out positive thoughts for peace," Roth said. "This is diving deep into one's own consciousness."

Hagelin compared the Assembly's use of transcendental meditation to the invention of electricity and other advances.

"We have control over things we didn't have control over before. That's the progress of science," Hagelin said.

And while most people may be skeptical of the ability of meditation to bring such change, Roth said the Assembly was not going to try to change people's opinions.

"We're not trying to convince anyone of anything," Roth said. "We're just doing it."
 
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