By Peter Ladefoged
This extraordinary advent to phonetics, with an accompanying CD, is ideal for a person who desires to find out about the sounds of language. Peter Ladefoged, one of many world's best phoneticians, descibes how languages use various varied sounds, lots of them really in contrast to any that ensue in recognized languages.
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Additional resources for Vowels and Consonants: An Introduction to the Sounds of Languages (first edition)
As mentioned earlier, the Nasdaq is structured as an over-the-counter market in which market participants trade with one another using computers or trading terminals. These terminals are linked together through the various Internet networks. Each trader uses his or her account from his or her broker/dealer to buy and sell stock on his or her computer and manage his or her portfolio. Trading occurs on special bulletin boards called electronic communication networks (ECNs). There are special market participants called market makers who trade stocks all day and are responsible for making sure that there is always someone present in the markets ready to buy and someone ready to sell.
It is important to understand this jargon to comprehend and interpret charts. The ﬁrst concept that we should understand is the basic pricevolume chart. Figure 2-2 presents a simpliﬁed price-volume chart. This is the workhorse chart of technical analysts. In fact, technical analysts are often called chartists for the simple reason that they base many of their predictions on analysis of charts such as the one in the ﬁgure. The top of the chart is labeled “Price,” and it shows the movement of prices through time.