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the basis for much of the acrimony that exists between the incumbents and the new entrants. As a result of these and other factors, CLECs typically ignore the residence market in favor of the far more lucrative business markets. Business markets are significantly easier and less costly to provision than residence installations because of the dominance of multitenant buildings (MTUs). Clearly the metro market is a desirable place to be. Of course, there is an added issue: Because of their overall market dominance, ILECs control more than 60 percent of all metro spending. The regulatory environment in many countries fails to address the disparity that exists between incumbent providers and would-be competitors. Recent rulings, such as the United States Communications Act of 1996, consisted of a series of decisions designed to foster competition at the local loop level. Unfortunately, by most players estimations, they have had the opposite effect. The introduction of new technologies always conveys a temporary advantage to the first mover. Innovation involves significant risk; the temporary first mover advantage allows first movers to extract profits as a reward for taking the initial risk, thus allowing them to recover the cost of innovation. As technology advances, the first mover position usually erodes, so the advantage is fleeting. The relationship, however, fosters a zeal for ongoing entrepreneurial development. Under regulatory rules in many countries today, incumbent providers are required to open their networks through element unbundling, and to lease their network resources including new technologies at a wholesale price to their competitors. In the minds of regulators this creates a



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This section brings us to the subject of this book: Microsoft Silverlight. .NET Framework 3.0 included the first release of WPF, along with other key technologies. With WPF came XAML, essentially a way to create applications in markup (there is an almost one-to-one correspondence between XAML constructs and code). While XAML is not necessarily tied to presentation logic, the two most visible uses of it are in WPF and Silverlight. Microsoft Silverlight is a subset of WPF, which is part of .NET Framework 3.x and 4.0. Silverlight is integrated with the broad range of Microsoft tools and services like Microsoft Visual Studio 2010 and 2008, Microsoft Expression Blend, Microsoft Deep Zoom Composer, and Microsoft Silverlight Streaming by Windows Azure Platform for the easy development and deployment of Silverlight-based multimedia cross-browser, cross-platform, and cross-device RIAs. While Silverlight does contain a Common Language Runtime (CLR), it has absolutely no dependence on any of the .NET Framework versions. The free and small size (to be precise, the Silverlight 4 runtime is 5.96MB for Windows and 8.71MB for Mac) of the Silverlight runtime plug-in brings with it CLR and base-class library components





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Downloaded from Digital Engineering Library @ McGraw-Hill (www.digitalengineeringlibrary.com) Copyright 2004 The McGraw-Hill Companies. All rights reserved. Any use is subject to the Terms of Use as given at the website.

bar simple moving average of Slow %K In these equations, i represents the bar index, H(i) the high of the ith bar, L(i) the low of the ith bar, and C(i) the close of the ith bar All other letters refer to derived data series needed to compute the various Stochastic oscillators As can be seen from the equations, the Stochastic oscillators highlight the relative position of the close in a range set by recent market highs and lows: High numbers (a maximum of 100) result when the close is near the top of the range of recent price activity and low numbers (a minimum of 0) when the close is near the bottom of the range The Relative Strength Index, or RX is another well-known oscillator that assesses relative movement up or down, and scales its output to a fixed range, 0 to 100.

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competitive marketplace, but it is artificial. In fact, the opposite often happens: The incumbents lose their incentive to invest in new technology and innovation progresses at telco time. Under wholesale unbundling requirements, the rewards for innovative behavior are socialized, while the risks undertaken by the incumbents are privatized. Why should they invest and take substantial economic risk, they argue, when they are required by law to immediately share the rewards with their competitors Ultimately, the truth comes down to this: Success in the access marketplace, translated as sustainable profits, relies on network ownership period. During the heady bubble years, many would-be competitors such as E.spire and ICG bought switches and other network infrastructure components, built partial networks, and created business plans that

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The classic RSI makes use of what is essentially an exponential moving average, separately computed for both up movement and down movement, with the result being up movement as a percentage of total movement One variation is to use simple moving averages when computing the up and down movement components The equations for the classic RSI appear below: C/(i) = Highest of 0, C(i) - C(i - 1) D(i) = Highest of 0, C(i - 1) - C(i) AU(i) = [(n - 1) * AU(i - 1) + U(i)] / n AD(i) = [(n - 1) * AD(i - I) + D(i)] / n RSl(i) = 100 *AU(i) / [AU(i) + AD(i)] The indicator s period is represented by n, upward movement by U, downward movement by D, average upward movement by AU, and average downward movement by AD The bars are indexed by i.

Downloaded from Digital Engineering Library @ McGraw-Hill (www.digitalengineeringlibrary.com) Copyright 2004 The McGraw-Hill Companies. All rights reserved. Any use is subject to the Terms of Use as given at the website.

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