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After studying psychology at Yale and then playing drums in a pop-music group that never hit it big, Prechter joined Merrill Lynch in 1975 to do technical analysis, also known as chart-reading - the search for patterns in the movements of securities. The most famous of technical approaches is Dow theory, a rough model of market waves originally described by Wall Street Journal co-founder Charles Dow at the turn of the 20th century and refined and popularized in the subsequent decades by Journal editor William Peter Hamilton. Prechter studied Dow theory but soon moved on to the mostly...
...started a Yahoo! group with 20 or 30 people. The first item posted was my mattress, since my now wife and I were moving in together. Because I was posting so many things from that warehouse, other people got the concept really quickly--that this was a sort of cybercurbside where you could find things in your area to pick up and drop...
Abdul Jameel was ready for peace. The commander of a small group of Taliban fighters in the province of Wardak, Afghanistan, Jameel was able to persuade his men to surrender to the government in exchange for amnesty and the chance to return to a life of farming or shopkeeping. But he never got that chance. Just weeks after he approached the government, Jameel and several members of his family were gunned down. It is unclear if the Taliban killed him or if old rivals were seeking revenge. Nevertheless, Jameel's story - which quickly spread around the province - provided a potent...
...than planned, and U.S. and European instructors are in short supply. It will be several years before Afghan troops can defend the country on their own. Before it withdraws its forces, the U.S. will want to be sure that all al-Qaeda bases have been destroyed and that the group will not be able to use Afghanistan as a launching pad for further terrorist attacks. In theory, that is doable. Intelligence officials estimate that there are fewer than 100 al-Qaeda operatives in Afghanistan, but for the Taliban to completely renounce their al-Qaeda sponsors, says Giustozzi, they will have...
...feat marked the beginning of the Forest Service's smoke-jumpers program, and Cooley became the group's first superintendent. His career wasn't flawless; in 1949, Cooley directed the crew battling the Mann Gulch fire in Montana, at which 12 smoke jumpers lost their lives...