Apple is considering a "Smart Bicycle System" that would use iPods or iPhones to track cyclist data and help teams communicate on the raceway. Apple's new system will help bikers' record speed, distance, time and many more things.
Marc Faber, in his newsletter 'The Gloom, Boom & Doom Report,' supports Robert Prechter prediction that the Dow Jones Industrial Average will drop to 1,000 from the current level of 10,680. Faber says, the implications of Dow 1,000 will be positive for printing industry.
According to Walter J. Zimmerman Jr., the chief technical analyst at United-ICAP in New Jersey, commodities may slip 43% over the next 16 months. He says, "The Blob, or the collective mood of the consumer, has eaten the independence of key commodities." All this talks about, the unwillingness to take a big position on the upside.