Money Business

Enlarge	By Alex Brandon, AP file
In this 2006 file photo, Sean Redd, right, and Sharon Bordlee, both from Kenner, La., play a craps game at Harrah's Casino in New Orleans.

By Alan Sayre, AP Business Writer

NEW ORLEANS — As a new reality — casinos are not recession-proof — sets in, gambling in Louisiana and Mississippi is staging a slow comeback from the economic meltdown of 2008, aggravated for a time by the Gulf of Mexico oil spill that chased away some tourists.

But at least for the rest of 2010 and into 2011, industry analysts expect many players to keep a tight grip on their wallets because of uncertain economic times — and those who watch casinos are largely unwilling to predict when full recovery might come.

"Gamblers, like other people, have to feel comfortable about their financial situation," said Joseph Weinert, senior vice president of Linwood, N.J.-based Spectrum Gaming Group. "There had been the perception that the industry was largely recession-proof, but we saw what happened a couple of years ago. When the economy got tanked, the industry got whacked."

For the first three quarters of 2010, revenue at Mississippi's state-licensed casinos totaled $1.83 billion, down 12.9% from the first nine months of 2008 — the period leading into the U.S. economic freefall. Still, the decline has slowed. According to the Mississippi Department of Revenue, casino takes dropped only 3.3% from the first three quarters of 2009.

In the latest count, the 11 casinos across the Mississippi Gulf Coast were down 12.7% from the first nine months of 2008, but recorded only a 1.3% drop from 2009, indicating that the oil spill had only a small effect on gambling. The 19 casinos on the Mississippi River, including Tunica in the Arkansas-Tennessee corner, were down 12.8% from 2008 and 5% from last year.

In Louisiana, the 13 riverboat casinos, Harrah's downtown New Orleans casino and the four race track casinos, for the first three quarters of 2010, recorded a 7.7% drop in gambling revenue from the first nine months of 2008. The 2010 tally was down 5.3% from 2009.

"I'm reserved, but optimistically reserved. The numbers appear to be stabilizing," said Dane Morgan, chairman of the Louisiana Gaming Control Board.

But sustained growth is a question mark, regionally and nationally.

Recently, at the Global Gaming Expo in Las Vegas, American Gaming Association head Frank Fahrenkopf said gambling revenue in state-licensed casinos rose 1.3% — to just over $8 billion — from the second quarter to the third quarter of 2010. But that's still about $100 million less than casinos took in during the same period last year. Fahrenkopf blamed that on reduced discretionary spending by consumers.

Earlier this month, Jefferies & Co. analyst David Katz said he expected Louisiana and Mississippi casinos owned by Penn National Gaming Inc., Pinnacle Entertainment, Boyd Gaming and MGM Resorts International to report mixed results during fourth-quarter revenue reports, saying the region's recovery still lags behind other markets.

"Right now, the gaming industry is largely a function of the regional and national economies," Weinert said. "It depends upon whether you see those economies flatten out or start showing some life. The casinos will follow that."

A large chunk of Louisiana's casino business is pointed at Texans. Shreveport-Bossier City gambling revenue, for the first three quarters of 2010, fell 10.5% from the first nine months of 2008. The recent tally is down 4.4% from 2009. The five riverboats and the track casino in that market have been facing increased competition from Indian nation casinos in Oklahoma.

In Lake Charles, where direct competition is more isolated for three riverboats and a track casino, the tally is just about the same in comparing 2008 and 2010, although down 5.8% from 2009. The 2008 figures were skewed by September when two major hurricanes chopped at as much as $20 million from the historic monthly count.

In the New Orleans area, which has two riverboats and a track casino along with the land casino, gambling revenue is down 9.4% in the three-quarter comparison of 2008 to 2010 and down 2.9% from 2009. The boats and the track casino generally appeal to a local market, while Harrah's — more aimed toward tourists and the convention business — typically posts big months during such events as Mardi Gras, the New Orleans Jazz & Heritage Festival, the Essence Festival and big-ticket sporting events.

But more outlets want to get into the competitive fray, despite the slower times. Pinnacle hopes to open its $357 million riverboat casino-hotel project in Baton Rouge in December 2011. That market, which currently has two gambling boats, has seen a 13.3% drop in revenue from the first three quarters of 2008 to the first three of 2010.

"I think a new casino will grow that market, but it will be at the expense of the other operators," said industry analyst Cory Morowitz of Galloway, N.J.-based Morowitz Gaming Advisors. "There's not enough room otherwise."

Three groups have filed for the 15th and final riverboat license allowed by Louisiana law. Two want another Lake Charles casino, while the other wants another suburban New Orleans boat.

Louisiana regulator Morgan said he hopes a decision on the winner will be made by March.

In Mississippi, Gaming Commission executive director Larry Gregory said no new projects are near fruition, but investors continue to express interest in the state, especially along the coast.

"We have had a lot of interest over the past year. People coming down here and looking and wanting to move forward with something. But in today's economy, it's difficult to fund these projects," Gregory said. "The coast is prime for development. But it's not just us. You look at mature jurisdictions all over, not new ones, there are just not many projects."

Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Money Online

Important notice: Microsoft Money Plus is no longer available for purchase. All purchased Money Plus products must be activated prior to Jan. 31, 2011. Online services extensions are no longer available for Money Plus.

With banks, brokerage firms and Web sites now providing a range of options for managing personal finances, the consumer need for Microsoft Money Plus has changed. After suspending annual updates of Money Plus in 2008, Microsoft ended sales of Money Plus on June 30, 2009.

We would like to thank the many dedicated users who have been enthusiastic supporters of Microsoft Money over the years, as well as our partner financial institutions who helped pioneer a digital vision of financial management.

Microsoft remains committed to helping customers chart a course to financial well-being. The MSN Money Web site will continue to provide personal finance information and advice plus comprehensive market news and quotes. We will continue to evolve and enhance the online MSN offering in the coming months.

Update (9/01/10): Online Banking Services Changing in October
Beginning October 1, 2010, Microsoft Money will disable online banking services for all accounts that use a third party provider. Microsoft Money will continue supporting services with direct connections to a financial institution until online services are discontinued on January 31, 2011. Please see the following KB article for more information on how to identify accounts that may be disabled and instructions on how to proceed: http://support.microsoft.com/kb/2390720

Update (6/17/10): Microsoft has released 'Sunset' versions of Money Plus Deluxe and Money Plus Home & Business that do not require online activation. This version will allow you to keep your Money files and transactional history (on current and future machines) but will not allow access to online services or premium services. Full details and links to the Download Center can be found here.

Update (7/15/10): Online Help to be discontinued
The online Help for Money Plus (and some older versions of Money) will no longer be available after July 2010. Microsoft has provided a downloadable version of the help file. To learn more about how to use the alternate help content, check out the support article here, and get the downloadable help content here.

Best Forex

Forex Strategy H4 Fibonacci Method – multi-currency, trend forex strategy, trading on the time interval H4, additional indicators – 2 moving averages, indicator RSI, the main tool – Fibonacci (Fibonacci levels).
As some professional traders say: “Fibonacci – the only “indicator”, which predicts the reversal points of a trend  in the financial markets. This can be your personal Best Forex System!
That is why the Fibonacci tool is so popular in forex trading, and in all financial markets – it is indeed one of the best tools that can predict a trend reversal point (or a temporary rebound), so it helps the majority of traders to profit using this indicator skillfully in the forex market.
Let’s look at forex strategy, in which the Fibonacci play quite a role. So to trade forex strategy H4 Fibonacci Method, must be installed on the chosen currency pair (which, again, can be any), the following forex indicators:

1. Daily chart (D1) –  Relative Strength Index Oscillator with a period of 14 to apply to close (RSI (14)), as well as add a level of 50
2. H4 chart – Exponential Moving Average EMA (100), applied to a close – the color green
3. H4 chart - simple moving average SMA (150), applied to a close – the color red

And also we need a tool Fibonacci levels 0.382, 0.618, 0.236 and 0.764.
Go long if:

1. RSI (14) on the daily chart was closed and is located above the level 50 – trade only in this direction! Shorts does not conclude!
2. Green Moving Average EMA (100) crossed the red moving average, SMA (150) from the bottom up – will trade only in this direction!
3. Find the two closest extremum – minimum and maximum distance between them is at least 100 points. And no matter where the trend between the extremes – up or down.
4. Stretch Fibonacci according to the extrema.
5. We wait until the price comes to a range between the Fibonacci levels 38.2% and 61.8%.
6. And then waiting for the price out of these levels and closes the first candle (candle complete – including the tail) above the level of 76,4% (if we stretched the Fibonacci down – corrective movement to the rising trend), or 23,6% (if we Fibonacci stretched from the bottom up – the direction of travel of the upward trend).
7. Stop-loss set at least at the level of 100 points, or under the nearest local minimum.
8. Profit target set at a distance of 161.8% of the extended Fibonacci sequence by which you have entered the market. If desired, you can use the trailing stop or close the deal at a distance of 261.8%, etc.

To go short – vice versa.

Forex Strategy

Forex Strategy-1 trade a day – another break-out strategy for forex transactions which are only 1 deal per day – at the closing and the breakdown of the Asian session, and trade is conducted only on currency pairs, associated with British Pound – GBP (gbpusd, gbpjpy, gbpaud, gbpcad, gbpchf, etc.), because following the Asian session opens session in London.
1. For trade strategy “1 Trade a Day”, we need to install on the chart of the chosen currency pair the indicator ant-GUBreakout_V.0.4.2.ex4 – it will be for us to indicate the beginning and end of the Asian session, the parameters of the indicator as follow:

• GMTShift – time shift your DC from GMT (for example Alpari – “1″)
• Start – the start time “box” (0:00)
• End – End Time “box” (8:59)
• Offset – the indentation from the box to be placed orders 5-10 points

2. And as for trade, we need a tool Metatrader 4 – lines (levels) Fibonacci with the levels (0, 50% and 100%).
The strategy forex “1 trade a day” as follows:
1. We await, when the box closes  ”Asian session” and stretc Fibonacci so that the level of 0 and 50% were on the extremes of the formed box.
2. Fibonacci build in 2 opposite sides, look at the example below:
. Level of 100% will indicate to us our profit target.
4. After closing the box, set 1 order on each side of the box – to buy and to sell, with orders Buy Stop and Sell Stop set at a distance of 5-10 points of maximum and minimum of the resulting box.
5. Stop-loss orders are putting on the opposite side of the box.
6. If an order is opened, the second immediately remove, because trade is only 1 time a day!
Addition to the strategy:
1. Warrant closing the only stop-loss or take-profit – no matter how many days will be an open position!
2. As long as the open order for this strategy is not closed, the following order was not placed!
3. Also there is the option of their choice:
a) if the order is not closed at the end of the trading day – at 00.00 GMT, then closes it at the current market price.
b) if the order is not closed at the end of the trading day – at 00.00 GMT, the translation of stop-loss level “zero” or a fractal, and look forward to the next position is closed by stop-loss or take-profit.
Optional:
1. Can optionally convert the position to breakeven with a trailing stop when reaching + 30% – 50% in profit on the size of the box.
2. You can make a restriction – do not trade if the box size was more than 120 points, as for such boxes is likely closing of the stop-loss, this stop-loss is too large!
To download the indicators, just write an e-mail through the contact form with a request of indicator you need.

exchange of international currencies Forex

 Learn to work on the exchange of international currencies
Buy hundreds of thousands of international currencies hundreds of dollars only!Learn the secrets of Forex!

 

Uncle, you can work on any exchange in the  world, and you're at home or in your office.You can buy goods worth more than two hundred times your capital, and maintain full profit you if you pay full price!.Yes, a hundred times your capital, did not err in reading!
You can get a profit, whether prices rose or fell.You can work at any time, 24 hours a day.That there is something wrong or a trick to this?Ever .. What we have just updated every day with millions of customers in the securities markets of different types and site circulation is called the stock market on margin trading on the basis of the margin, the way that enables you to purchase any product from goods that are traded on international stock exchanges pay a fraction of very, very worth, and then sell it and get the full profit you if you you pay them in full!This is in the stock market and currency exchange rate and international commodity exchanges commodity exchange such as gold, silver, platinum, crude oil stocks and many others.This is the billions of dollars a day in various countries around the world ..Valmtajrp global financial markets on margin is a wonderful opportunity to be able to achieve huge profits exceed the paid-up capital, dozens of times in the period may not last for a few hours!This happens every day with millions of merchants around the world.The problem is that there are a lot of people do not know how to do it as well that there is a lot of people do not know that the mere existence of this method to work in global stock markets!.Facing the average person is a specialist in the field of basic economic obstacles to prevent him even from the mere thought of working in international stock exchangesKnowledge .. And capital.Despite the large number of sources is provided in the topic of investment in the stock market, but a wave of specialists and experienced in dealing with the stock market and trading in it, using the vocabulary and terminology is difficult for the average person to understand and know the meaning of it.Sources directed to non-specialists are few and require some knowledge too! .What about people who do not have the slightest idea of the stock exchanges and work?What about the people who need to learn the basics of working in the stock market?You will not find resources for teaching a very small number of people who do not have the slightest idea about the stock market and work, and if found they are expensive and difficult for the majority of people get it.For example, a course of education in dealing with the stock market for beginners for two or three weeks, cost an average of $ 2000!It is not an insignificant sum, which anyone can pay just to learn the basics of dealing with the stock exchanges.This is when talking about the sources of the English language, but when we talk about learning the basics of sources in the Arabic language is simply non-existent altogether.!Therefore remains to deal with the global equity markets, and trading is limited to the owners of expertise and specialization.Because the majority of people lack of knowledge about the world of stocks because they believe that work on international stock exchanges require huge working capital, and material resources are available only to millionaires.This is not true at all!Where you can a few hundred dollars to begin work in international exchanges and even in the largest market shares in all International Currency Exchange!Yes, a few hundred dollars you can start buying and selling the equivalent of hundreds of funds from international currencies and you can maintain the gross profit from trading currencies, you are full and if you have hundreds of thousands of these currencies already.!Have you heard about people who have accumulated vast fortunes out of their work in international stock markets and soon?Have you heard about people who did not have anything then become the owners of millions?You can imagine that these millions have fallen on them from the sky?Of course not .. But everything there is to know what these people do not tell you!They deal in international exchanges many times their potential and reap big profits during the short periods of time and then repeat this work almost every day to become millionaires!So simply!To be able to work in its own way, you should know what is the secret of your working methods in international exchanges on a margin which is the method commonly, legitimate and legal to trade in international equity markets and the public in the largest market shares in all .. International exchange rate.Yes, you are now and whatever your budget is limited work on the exchange of international currencies and take advantage of this exceptional opportunity to achieve significant financial profit as soon as possible.It does not matter if they were not possess huge capital, through the introduction of margin will be the capital is the last interest!It does not matter if the circumstances do not allow you to work full-time stock market .. You will be working from home or office or anywhere else in the world as long as you have a computer and an Internet connectionYou can work at any hour you want in the night or day, currency trading is open every twenty-four hours except on Saturday and Sunday.All you need is knowledge ..They must learn the basics of working on a margin and the practical steps to start trading in international currencies.Was difficult in the past to you, you do not have the slightest idea about working in the stock market and has no economic background do not know why you do not know how to start.May try to learn, but you can not find sources that will help you understand step by step as a beginner from scratch!Whenever I tried to learn and I found it complex and almost does not understand!It's not complicated at all international stock markets and work does not require special intelligence does not require to be specialized in the economy.You do not know that there are a lot of successful traders in various fields, and they do not even know to read and write?Is not located on the ground?Yes, you can work on the international currency exchange and without the need of capital, without the need to be specialized in the economic sphere, and all knowledge is the excuse for ..Knowledge is power ..Here comes the role of e-book developed for the first time in the Arabic language "Secrets of Forex Forex Secrets" to be held in your hand step by step to learn the secrets to working on the stock exchange of international currencies from start to finish.This book will take you step by step from scratch to become fully qualified to find your way in the world of international financial markets ..Shares in the world ..
You do not need to pay $ 2000 to learn the basics of working on the exchange of international currencies.You do not need to spend months on the Internet looking for information on this subject to be discovered after painstaking effort that not only increased the complexity for you.!This book - which will not find a similarity in the subject in Arabic and in any place - for people who do not have any idea of the work in the securities markets, but those who do not know what the stock market already!Book step by step through the examples of trade Simplified understand everything and simply ..And you'll be surprised how simple and clear message that they think you are very complex!Understand what the stock exchanges and will be able to understand the news you hear about the financial markets in the media, which did not understand them just a few!More importantly, it will find you the door wide open for enormous profits and not later than the hours and without the need for only a few hundred dollars that will work and Sttajer in the purchase and sale of up to two hundred times your capital of international currencies through margin trading system, which will notice only After reading the first part of this book!
Let us take an example of a deal
Buy euro (the currency of the European Union) or the equivalent of $ 100000
A few hours later the euro rises 100 points
Sell the euro, which bought
Be U.S. $ 1000 profit in a few hours
Get this full profit you
Is it necessary to have 100 thousand dollars to carry out this deal
Not
All that is required of you in principle to be in your account the equivalent of U.S. $ 500 *
Will not be deducting this amount, but will be reserved temporarily and will return to you after the completion of the transaction regardless of the outcome!
You can buy many times that to be a profit-fold Rbanh in an earlier deal as you can repeat this deal several times a day!
* This amount is to open a sponsor deal, but must be in your account more than this amount to be able to continue in the transaction.
* Not recommended to work on the stock exchange for less than $ 1000

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C919China

C919China

Do you win the challenge C919 with Airbus and Boeing?Wednesday, November 17, 2010, last update 16:49 (GMT 0400)Model before the new aircraft

Beijing, China - China has entered a world competition in the industry, commercial passenger aircraft, with the introduction of an "AC 919," which observers expect that a real competition for the giants production aircraft, "Boeing," America and "Airbus," the European.
The plane "C-919," created by the Commercial Aircraft Corporation of China, "Commack," the state-owned, is characterized by single-aisle and descriptive seats, designed to compete with the Airbus A 320, Boeing 737, was unveiled officially in the gallery Zhuhai, south China, on 16 November, the first ongoing.
Have begun to purchase orders already up to a company, "Commack", with 100 applications from four local Chinese airlines, as well as the company "General Electric," Aviation Services of America.
It was not clear after the details of the cost of the aircraft or the number requested by the purchasing companies, although the media reports the official says the estimated market price of a C-919 is less by about 20 per cent of the foreign competitors.
The company expects to sell more than two thousand C-919 aircraft worldwide over the next 20 years.
The length of the new plane 17 meters, and contains 156 seats, and a height of 5.6 meters, width of 3.96 meters, and carries the body of the plane bears the name "Commack," but the internal systems produced by Western companies.
Symbolizes the first No. 9 to the word "forever," based on a section similar pronunciation in Chinese language, while 19 stands for the name of the plane to the maximum number of passengers is 190 passengers.