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| BG, Rough week so far. Going with DOWN Hump Day. In retrospect, the Fed may have decided that the storms damage is going to be inflationary short-term. They need to convince traders that their serious about containing inflation or they'll demand higher rates. Just a guess. [img]i/expressions/face-icon-small-smile.gif[/img] [/b]gl[/b], baz |
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| BG On Wednesday night, forecasters said Rita had become the third most powerful hurricane recorded in the Atlantic Basin, based on its central pressure. Katrina damage was focused on offshore oil platforms and ports. Now the greater risk is to oil-refinery capacity, especially if Rita slams into Houston, Galveston and Port Arthur, Texas. "We could be looking at gasoline lines and $4 gas "If the storm maintains its intensity, Rita "could be worse than Katrina".... Max Mayfield (Director of National Hurricane Center) When Katrina hit, 15 refineries, nearly all in Louisiana and Mississippi, with a combined capacity of about 3.3 million barrels a day were shut down or damaged, according to the Energy Department. That represented almost 20 percent of U.S. refining capacity. Within a week, almost two-thirds of that damaged capacity had resumed some operations, according to the department. But four refineries with nearly 900,000 barrels a day of capacity are still basically shut down. If Rita hits both the Houston-Galveston area, as well as the Port Arthur-Beaumont region near the Texas-Louisiana border, that could take out more than 3 million barrels of capacity a day. "We're already in uncharted territory now. We can't project what happens from another shot the size of Katrina or worse." Part of the problem is that skilled crews needed to make refinery repairs are already busy trying to fix the Katrina damage. That would extend recovery time from Rita. "[Rita] could have a significant impact on supply and prices -- this really is a national disaster," Valero Energy (Research) CEO Bill Greehey in an interview with Reuters Tuesday evening. ------------------------------------------------------------------------------------------------------------- Trader uncertainty as to the full impact of Hurricane Rita should put the pressure on the Bulls. Looking for a sell off. Going with DOWN on Thursday. gl, baz |
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| BG, Good call! Storm weakens, ugh Hurricane Rita has clouded up the ole' Crystal Ball this week. National Hurricane Center downgraded the storm to Category 4 from Category 5 during the afternoon, some investors relaxed a little and starting searching for bargains after three down days. "Everyone is just sitting back and watching their weather maps," Paul McManus senior vice president and director of research, Independence Investment LLC. Traders sent theirsaid. Moral of the story: Don't mess with Rita or Rita's in general. Don't think about it, Don't even go there....... Am Going with DOWN on Friday: Grand theory - traders will be too squimish about being exposed over the weekend without knowing Rita's full fury. What's that saying? "When it rains, it pours". gl, baz --------------------------------------------------------------------------------------------------- Stem Cells Help Mice Walk Human stem cells transplanted into mice helped to repair their spinal cords. September 20, 2005 California researchers have successfully transplanted human neural stem cells into mice with spinal cord injuries and demonstrated improvements in the animals’ ability to walk, suggesting future human treatments are a little bit closer, a leading scientific journal reported Tuesday. The study, funded by the Christopher Reeve Foundation, was published in the online edition of the journal, Proceedings of the National Academy of Sciences of the United States of America (PNAS). “These data suggest that hCNS-SCns [human CNS stem cells grown in a particular way] may possess therapeutic potential for CNS injury and disease,” said the paper.The study showed that human neural stem cells can not only survive transplantation in mice, but can also integrate into their injured spinal chords. In particular, the data is the first to show that transplanted, human neural stem cells can regenerate the fatty insulating sheath (called a myelin sheath), which is essential to their proper function. “Mice that received these stem cells nine days after spinal cord injury showed improvements in walking ability compared to mice that received either no cells or a control transplant of fibroblast cells,” said Susan Howley, director of research for the Christopher Reeve Paralysis Foundation. “Sixteen weeks after transplantation, the human cells were killed by injection of a diphtheria toxin,” she added. “As a result, the improvements in walking were abolished, which suggests that the transplanted human neural stem cells are needed to maintain recovered function.” --------------------------------------------------------------------------------------------------- Take That Jaws! Vladimir Vlad has patented in the US a wetsuit that takes advantage of the fact that sharks have sensitive receptors in their snouts which detect electrical fields in the water. This helps them track prey, but if the field is too powerful the shark backs off. The suit has thin piezoelectric ceramic fibres woven into its fabric. The fibres extend along the body, connecting to metal electrodes which harvest any charge generated when the piezo material is deformed by the wearer’s movement. During normal swimming, the suit generates several volts which flow through the water between the electrodes to create a deterrent field. If the diver sees a shark a natural reaction, one suspects – the suit generates much higher voltages and stronger fields. If the shark still fails to get the message and bites the suit, it gets a shock in the mouth and gives up its prey. -------------------------------------------------------------------------------------------------------- |
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| Tuesday brings reads on consumer confidence and new home sales, as well as speeches from Federal Reserve Chairman Alan Greenspan and former Fed governor Ben Bernanke. The consumer confidence report for September, due shortly after the market opens, is expected to show a drop to 94.3 from 105.6 in August. The report -- as well as the price of oil -- is likely to set the tone for the morning. Greenspan's afternoon speech at a business seasonal factors remain in place, including the tendency for the September to mid-October period to be tough for the markets. "I don't think we can look forward to any great news coming out in the September-October period" noted Art Hogan, chief market analyst at Jefferies & Co. going with Down on Tueday, gl, baz ================================================== ============================ TUSTIN, Calif., Sep 22, 2005 (BUSINESS WIRE) -- Pacific Fuel Cell Corp. (PFCE) is pleased to announce that it has completed the prototype of its proprietary nanostructured Membrane Electrode Assembly (nanoMEA), and is currently looking for partners for the nanoMEA production. According to Dr. Yushan Yan, a member of PFCE's board of directors, the new carbon nanomaterial-based MEAs have shown excellent performance for both hydrogen and methanol fuel cells. For example, this technology uses 75 percent less platinum while exceeding the performance of current state-of-the-art MEAs for methanol fuel cells. The carbon nanomaterials are used as the support of platinum or platinum alloy catalysts. Another major advantage of these carbon nanomaterials is their higher corrosion resistance and thus longer lifetime than carbon black. George Suzuki, PFCE president stated: "PFCE is proud and excited about the results of its long-time research on carbon nanomaterial MEAs that are both of high performance and reasonably priced. We hope to start taking sample orders by the time we exhibit at The Fuel Cell Seminar in Palm Springs, California, November 14-17, 2005. Our booth number is 220." Pacific Fuel Cell Corp. is a nanotechnology company committed to the development and production of carbon nanomaterial-based membrane electrode assemblies ("nanoMEAs") with reduced cost and higher performance for fuel cells in the portable and micro fuel cell market. ------------------------------------------------------------------------------------------------------------------------- RICHMOND, Canada, Sept 22, 2005 /PRNewswire-FirstCall via COMTEX/ -- SmarTire Systems Inc. (SMTR) announced today that it has achieved registration to ISO/TS 16949:2002, the quality management standard for the automotive and commercial vehicle industries. ISO/TS 16949 was developed by the International Automotive Task Force (IATF) and approved by the International Organization for Standardization (ISO). The IATF is an "ad hoc" group of automotive manufacturers and their respective trade associations, formed to provide improved quality products to automotive customers worldwide. IATF members include the following vehicle manufacturers: BMW, DaimlerChrysler, Fiat, Ford Motor Company, General Motors (including Opel Vauxhall), PSA Peugeot-Citroen, Renault SA, Volkswagen and their respective trade associations -- AIAG (U.S.), ANFIA (Italy), FIEV (France), SMMT (U.K.) and VDA (Germany). About SmarTire Systems Inc. SmarTire develops and markets proprietary advanced tire pressure monitoring and technology systems for the global automotive and transportation industries. The U.S. government, through the TREAD Act, has legislated that all new passenger vehicles must be equipped with tire monitoring systems beginning with a phased implementation in 2004. SmarTire is capitalizing on the rapidly emerging OEM and aftermarket opportunities. The company's vision is to become the preeminent provider of wireless sensing and control systems for vehicles worldwide. ------------------------------------------------------------------------------------------------------------------------ ROCHESTER, N.Y, Sep 23, 2005 (BUSINESS WIRE) -- Biophan Technologies, Inc. (BIPH ) a developer of next-generation biomedical technology, has announced the filing of twelve new patents, expanding the Company's extensive intellectual property portfolio to more than 200 patents, applications, or licenses. That total includes 156 pending and issued U.S. patents and another 46 international applications. The twelve new patents teach how a tiny circuit can be added to minimize dangerous heating which can occur when devices such as pacemaker and neurostimulators leads are exposed to MRI signals. The circuits are powered by the energy in the MRI field and dissipate the energy so that heating does not occur. The circuits can be tuned to specific frequencies, such as the frequencies associated with 1.5 and 3.0 Tesla MRI machines. These circuits have been tested under worst-case conditions on representative devices, and can reduce heating to acceptable levels. The twelve patents teach a variety of ways that these circuits can reduce heating on many types of medical devices that suffer from MRI safety limitations. These include many implantable devices, such as pacemakers, defibrillators, and neurostimulators, devices used for Parkinson's, epilepsy and pain control, as well as stimulation devices for obesity control, gastrointestinal and bladder control. In addition to implantable devices, this technology applies to devices used in interventional medicine, including catheters, guidewires, and other surgical tools. "We anticipate a shift over the next several years, where virtually all biomedical devices currently contraindicated for MRI or experiencing imaging limitations, will be made both safe and compatible for use with MRI. Over $12 billion worth of devices are sold every year with these shortcomings," stated Michael Weiner, Biophan CEO |
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| Going with UP on Hump Day, MBA Purchase Application 7 AM (Eastern) Durable Good Orders 8:30 AM (Eastern) [/b]gl[/b] baz ================================================== ================ www.signachem.com SiGNa Chemistry is an early stage company developing unique solutions to compelling chemistry problems through the power of interdisciplinary science. SiGNa™ products have been found to work as powerful reducing agents that work at room temperature and as convenient sources of clean molecular hydrogen. By capitalizing on the many powerful applications of SiGNa Chemistry's technologies, such as alkali metals absorbed into various oxide materials, SiGNa is positioned to develop and deliver a host of solutions to a wide range of scientific applications and industries. These advanced materials will deliver new products to academic and industrial markets as diverse as pharmaceutical synthesis, petroleum refining, organometallics, catalysis, and hydrogen energy. ================================================== ====== University of Denmark Scientists Develop Hydrogen Tablet 20 September 2005 Author: Michael Strangholt Provider: University of Denmark Scientists at the Technical University of Denmark have invented a technology which may be an important step towards the hydrogen economy: a hydrogen tablet that effectively stores hydrogen in an inexpensive and safe material. With the new hydrogen tablet, it becomes much simpler to use the environmentally-friendly energy of hydrogen. Hydrogen is a non-polluting fuel, but since it is a light gas it occupies too much volume, and it is flammable. Consequently, effective and safe storage of hydrogen has challenged researchers world-wide for almost three decades. At the Technical University of Denmark, DTU, an interdisciplinary team has developed a hydrogen tablet which enables storage and transport of hydrogen in solid form. “Should you drive a car 600 km using gaseous hydrogen at normal pressure, it would require a fuel tank with a size of nine cars. With our technology, the same amount of hydrogen can be stored in a normal gasoline tank”, says Professor Claus Hviid Christensen, Department of Chemistry at DTU. The hydrogen tablet is safe and inexpensive. In this respect it is different from most other hydrogen storage technologies. You can literally carry the material in your pocket without any kind of safety precaution. The reason is that the tablet consists solely of ammonia absorbed efficiently in sea-salt. Ammonia is produced by a combination of hydrogen with nitrogen from the surrounding air, and the DTU-tablet therefore contains large amounts of hydrogen. Within the tablet, hydrogen is stored as long as desired, and when hydrogen is needed, ammonia is released through a catalyst that decomposes it back to free hydrogen. When the tablet is empty, you merely give it a “shot” of ammonia and it is ready for use again. “The technology is a step towards making the society independent of fossil fuels” says Professor Jens Nørskov, director of the Nanotechnology Center at DTU. He, Claus Hviid Christensen, Tue Johannessen, Ulrich Quaade and Rasmus Zink Sørensen are the five researchers behind the invention. The advantages of using hydrogen are numerous. It is CO2-free, and it can be produced by renewable energy sources, e.g. wind power. “We have a new solution to one of the major obstacles to the use of hydrogen as a fuel. And we need new energy technologies – oil and gas will not last, and without energy, there is no modern society”, says Jens Nørskov. Together with DTU and SeeD Capital Denmark, the researchers have founded the company Amminex A/S, which will focus on the further development and commercialization of the technology. ================================================== ==== |
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