Bulls and Bears – oh my!
January 14, 2021 by admin
Filed under Featured, Forex Tips
Anyone who has flicked through the financial channels on their cable TV box without really stopping to listen to what is being said will probably be occasionally confused by references to “bulls” and “bears”. These terms are common parlance in trading situations, and can be heard or read in any market analysis if you stay tuned long enough. They are not references to sports teams, nor to a traveling zoo visiting a trading floor, but rather to styles of market.
A “bull” market is, in short, a market on the rise. It is characterised by a great deal of investor confidence, which can carry on for an indefinite period of time. When a currency breaks its resistance level, it is expected to continue rising, to move with a singularity of purpose. This is much like the way a bull is characterised. Additionally, it triggers herd behavior, as more and more investors will join in and invest more. The term “bull market” is therefore a good definition of a market behaving confidently.
“Bear” markets, on the other hand, are the exact opposite of bulls. Where prices fall and the investor mood is negative, the support level may be broken and the price will continue to fall. The most common explanation for the terminology here is that when a bear attacks its prey, it tends to do so by striking downwards. For a true bear market to be declared, a majority of currencies need to fall, however a single currency can be described as behaving “bearishly”.
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Philip Young has been remanded in custody in relation to the string of charges, which include multiple counts of rape and administering a substance with the intent to overpower to allow sexual activity, according to Wiltshire Police.
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Young, 49, has also been charged with voyeurism, possession of indecent images of children and possession of extreme images.
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Five other men, currently on bail, have also been charged with offences against 48-year-old Joanne Young, who waived her legal right to anonymity.
The alleged offences took place between 2010 and 2023.
The men were named by police as Norman Macksoni, 47, who has been charged with one count of rape and possession of extreme images; Dean Hamilton, also 47, who is facing one count of rape and sexual assault by penetration and two counts of sexual touching; 31-year-old Conner Sanderson Doyle, who has been charged with sexual assault by penetration and sexual touching; Richard Wilkins, 61, who faces one count of rape and sexual touching and Mohammed Hassan, 37, who has been charged with sexual touching.
All six men are due to appear at Swindon Magistrates’ Court in southwest England on Tuesday.
Geoff Smith, detective superintendent for Wiltshire police, described the charges as a “significant update” in a “complex and extensive investigation.”
He added that Joanne Young was being supported by specially trained officers and made the decision to waive her automatic legal right to anonymity “following multiple discussions with officers and support services.”
James Foster, a Crown Prosecution Service specialist prosecutor, added that the CPS had authorized the charges against the six men “following a police investigation into alleged serious sexual offences against Joanne Young over a period of 13 years.”
“Our prosecutors have worked to establish that there is sufficient evidence to charge and that it is in the public interest to pursue criminal proceedings,” he said in a statement.
“We have worked closely with Wiltshire Police as they carried out their investigation.”
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