Monday, January 11, 2010

Very toxic,cancerous Cadium.

Cadium(scientific symbol:-48CD),similar to the two other metals namely zinc and mercury.
Cadmium was for a long time used as pigment and for corrosion resistant plating on steel. Cadmium compounds were used to stabilize plastic. With the exception of its use in nickel-cadmium batteries, the use of cadmium is generally decreasing in all other applications. This decrease is due to the high toxicity and carcinogenicity of cadmium and the associated health and environmental concerns.
Cadmium can be found is the Vilyuy River basin in Siberia.China was the top producer of cadmium with almost one-sixth world share closely followed by South Korea and Japan.
Lately,the U.S. product safety authorities say they are launching an investigation into the presence of the toxic metal cadmium in children's jewelry imported from China after disclosure of lab tests showing that some pieces consisted primarily of the dangerous substance.
But don't worry: "American Imports, Chinese Deaths." Millions of Chinese factory workers were touching and/or inhaling carcinogens--nickel, cadmium, lead, benzene,toulene,n-hexane,mercury as they made products destined for the US markets.While American worried about lead on toys imported from China, chinese workers were dying from lead and other toxins.They were paying the real price of cheap American imports.
It's not only the toys,look at your imported chin furnitures very nice varnish isn't it?You're practically touching it everyday.
A Chinese Health Officials has estimated late in 2005,200miilion of the 700million workers are being routinely exposed to carcinogens and other toxins,everyday,six days a week.
But the American businesses should also share some blame for these fatal diseases among young workers. And, perhaps, so did U.S. consumers.
The Dow on Monday,11/01/10 is 4-market days to index futures expiry.
9:30am:--Open with a small gap-up.
Weak USD supporting commodity stocks.
10:30am:--Gap fully filled and hourly low being set.A bullish hammering of its low.Japan Airlines is likely to refuse financial aid from American airliners.
11:30am:--Retracement to bear pivot.December China's exports increased for their first time .
12:30noon:--The MAV resistance is being tested.Bullish spinning dojis at the moment.
1:30pm:--Slight pullback pre-afternoon market with a bullish engulfing back to MAV resistance.
2:30pm:--The MAV breakoutto new session high.A bearish hammer fall shy of hitting the MAV support.
3:30pm:--A final day's high,shooting star.
4:00pm:--An inverted bullish hammer at the close,a spillover bull to follow.
A healthy volume is supporting the Dow uptrend.
January's candlestick todate is still bullish and shape like a hammer.
The range is still very tight and by the pivot day of the month if this still persists,the lower candlestick shadow can easily be covered back.
So meantime a little bit of caution in case this is a bull trap.