World Population.

World population will reach 7 billion in 2012, according to a new estimate released by the US Census Bureau Thursday.
The world population hit 6 billion in 1999 and another billion will be added to the total in only 13 years, the bureau said.
A reminder of the quick population growth is that the world's population even did not reach one billion in 1800.
The US Census Bureau attributed the growth to medical and nutritional advances in developing countries after World War II.
Nevertheless the latest projection shows that world population will grow at a slower pace during the first half of the 21st century than the latter half of the 20th century.
The world population doubled from 3 billion in 1959 to 6 billion in 1999, but is projected to increase by only 50 percent between 1999 and 2040.
Global population growth, about 1.2 percent per year, is projected to decline to 0.5 percent by 2050.
At the same time, the world population is growing older quickly.
The bureau estimated that by 2050, about 5 percent of the world 's population is projected to be 80 or older, in comparison with about 1.5 percent of the current global population is 80 or older.
It also projected that India will overtake China as the world's most populous nation by 2050.

Tracking the Dow on Thursday,19/06/08

9:30am--Spike up 50.00 points bull.

Thursday did offer its share of economic data. Initial jobless claims for the week ending June 14 were more than expected, totaling 381,000 and down 5,000 from the prior week.

10:30am--Gap up being filled.Spinning bullish bottom.

A negative 40.0 points.Buy-long position.

Notably, weekly claims have held steady and do not reflect levels typical of a recessionary environment.

11:00am--Double Top,close position sell.Bearish harami.

11:30am--Double Bottom,open buy-long again.Morning star.

12:30 pm--Bearish Harami.Sell close position.

The Philadelphia Fed Index, a regional assessment of manufacturing activity, posted a reading of -17.1 for June. Economists forecast a reading of -10.0. Separately, a reading of leading economic indicators for May climbed 0.1%, matching the prior month's reading.

1:30pm--Holding at MAV.Main Candle pattern:-Bullish spinning Doji.

The financial sector encountered some marked selling pressure.Citigroup (C 20.17, -0.23) stated it will continue to have substantial marks on subprime exposure this quarter and will likely incur a monoline adjustment on par with that of last quarter.

2:30pm--Bulls light up the up shadow of spinning doji.

3:30pm--Day's high completed,profit taking onset to MAV.

4:00pm--The morning star.A favorable follow through session.

Stocks ended a back-and-forth session with modest advances Thursday as a sharp drop in oil prices helped counter renewed concerns about the strength of the economy.

Oil fell nearly $5 per barrel after China announced plans to raise caps on gasoline and diesel fuel prices, a move that could ease global demand. The pullback in oil was welcome after weeks in which rising prices have pinned down investor sentiment with fears that the run-up would force businesses and consumers to curb spending.But worrisome comments from Citigroup Inc. perhaps damped some investors' spirits. The bank warned that a "substantial"amount of write-downs on bad debts are yet to come.

Volatility is likely to continue Friday because of the expiration of options contracts. Known as "quadruple witching," it marks the simultaneous expiration of contracts for stock index futures, stock index options, stock options and single stock futures and often leads to heavy trading near the start and end of the session.