Hi everyone, Joe for Jaspy's casebreaks.com coming at you with 2020 Panini Origins football Number block randomizer video for picker team 4 picker team 4 is gonna be in a separate video So look out for that if you're watching the replay of this So this is this works just like our standard random number block breaks. You know what these are all about But applies only to these nine teams right there and obviously only for pick your team number four note There are unnumbered or non numbered cards in this set So all the cards that don't have numbers will be randomized as one lot to one person at the end of the break Sometimes they can be autographs as well So just keep that in mind if there's a Clyde Edwards Hilaire Non-numbered autograph that means it's gonna be randomized to this group right here to one person as one lot including like base cards and stuff like that All right, so big thanks to these folks right here. They're the numbers right there. Let's roll it Let's randomize it three and a four lucky seven times Your names first one two three four five six and Seventh and final time after seven we've got Jeremy 33 down to Joel three and a four seven times for the numbers one two three four five six and Seventh and final time 403 makes seven there seven right there two down to four All right, Jeremy 33 with two Patrick Cologne with five Raymond with one Chris with six Rory with zero So Rory you'll get any and all redemptions for this big group of teams down there Including one of one redemptions as it says but Raymond you'll still get live one of ones Sean with three Kang with nine Brian with seven Rory with eight and Joel with four So let's group these Alphabetize or these numerically Rory has zero and eight for trade if anybody's interested and coming up in a separate video will be the break itself Anyone will pause a video when we come back. We'll see if there's any offers for those numbers and then Then we'll see we'll see stick around All right, there was a whole hour of trade negotiations between all these numbers But in the end no the the multiple parties couldn't come to couldn't come to a deal So the list stays as it is Break coming up in a separate video. Look out for that. Jasper's case breaks.com


The Mets do their press conference with the Zoom session, and I think, you know, you can get a live pass for it. So they, you know, you watch the press conference, and then they forgot to turn the camera off. Brody was sitting there with just two other guys. Metsy, number one, forgot to turn the live feed off. Brody says to the two other people in the room, Do you know what Rob's trying to do? This doesn't leave the room. He says, just the three of us, this can't leave the room. Live cameras. I want to say that's partially Metsy, but I won't even add that to this one. No, you can't put that on Brody. You're just having a conversation in a room. It's supposed to be Friday. Maybe walk away from the bikes and cameras for the combo. Yeah, it's half Metsy. So half Metsy.   Because Jeff says, Jeff Wilpawn says, the scheduling is going to be a nightmare. One of the other guys in the room says, who wants this? And he says, and he says, Rob. Yeah. And then one of the other voices in the room says, they're not dealing with reality. Which is true. True. True. And then Brody says, this is what we were talking about earlier to one of the guys. This is what we were talking about earlier. Rob, at a leadership level, just doesn't get it. Just doesn't get it. So, even if Brody may have had the facts wrong on this state, he admitted that he's had prior conversations about how Rob doesn't get it on a leadership level. Yeah. Okay. Just like the rest. So how do they come out? I thought I had the PR move mapped out. Yeah. Can you see my tweet? You went for it, yeah. I thought they were going to say, you know, Rob Manfred, that was one of the ideas we floated. We floated a lot of ideas. We didn't go with it. We were just like, you know, there's a lot of bad ideas that get floated before we choose the right one. Yeah. I was kind of teamed that Brody was leaking this as like gorilla marketing for himself. I don't, I think Brody was like, like trying to pick up his own stock. Someone who left a live feed on probably got ripped apart by Brody. Yeah. Who got ripped. Anyway, then both will ponds, Fred and Jeff. Now we start getting Betsy. They both released statements to, it could have just been a joint statement. Right. Easily. So like put that in the Betsy column. So yeah.  Both misspelling Brody's name. So I think we're up to three Metsies. Beauty. You got to include the leaving the camera on. I know it's not directly their fault, but it's messy. We did. That was the first messy. That was the first. That was the first. Yeah. Yeah. The second one was just like the conversation that they talk that they have that's the one I meant the fact they opened with it doesn't leave the room and it's so left the room. That's the one I meant. You know what I thought. I was leaving the room in live time. Instantly left the room. So then, so Jeff was part of the conversation. Brody was saying that Rob and Jeff were trying to navigate this. And he said Rob doesn't get it. Jeff Wilp on takes the blame. He says it was my idea. Right. To have them come back. And our GM, you know, had it wrong and that's a mistake. I forget what was the actual. Taking credit for the terrible idea though. I'm going to put that under the metsy column. That was my idea.  For the owners. Jeff Wilp on being like, no, I'll eat this. Don't give me credit. Give me credit where credit's due. You know what Rob? I'll take the fall for this one.  That was me. That was all me, baby. That's me, baby. I'm right here. Two thumbs and this guy. I'm the guy that doesn't get leadership. I'm the guy with the bad ideas. Don't give that credit to Rob.  So wait, so then Brody made his statement. Oh yeah, Brody made his statement as well. Yeah, had to. Both of them misspelling Brody's names and just tying some things together people. Hey, you know, the Mets and Marlins ended up doing a really nice thing. They go out on the field 42 seconds of silence and they leave the Black Lives Matter shirt on the field. Pretty cool. But with the organization, now I want you to go back and think about the Cespidus situation where Cespidus left the team and we were wondering how it happened and how the Mets broke it right before the start of the game and said that a person was missing. Yeah. And we said, you know, that's PR. It seems so messed up. Like how could you do that? It looks like they're trying to trash Cespidus' names. And then look at them come out with two press releases where they misspell the GM's name, which I think was an intentional jab by them to try to be like, ha! Because otherwise it's what? Pure ignorance? Nothing they do is intentional. I don't know. No, I don't know. They, they're just dumb. I think they thought they were going to take a shot at Brody, like they thought they were going to take a shot at Cespidus. And they just stink. They don't deserve us to talk about them.


Hello and good evening everyone, investors and viewers alike with you from TickMill, Ali Ahmed discussing the webinar series over and above what futures are, how they're used in the capital markets and what TickMill has to offer to you as an investor and trader with their futures products. Once again, good evening and I hope everybody is doing well and has had a good week over the last week since we last spoke within their accounts and trading portfolios. Without further ado, we'll get started. We're going to be discussing this evening the expiration dates and obligations, how the expiry dates are calculated, what mechanisms are used and then at the same time what are your obligations as the trader or the investor because this is not an option, this is a futures contract so there are obligations that have to be and must be fulfilled and abided by. As a recap, what we want to do is this is our fifth webinar. As a recap the very first one we went over we discussed what futures are and every single webinar I like to express it again and say that I like to keep the information and the flow of information very informal. I don't like to read directly from the screen, I like to have a conversational so that you can have a more of a dialogue feel of what's taking place and what we're discussing. What futures are, once again they are contracts that obligate an investor or trader to a specific commodity or security or whatever asset class that's available within the futures market to commit to or obligate themselves to that specific price at a future date in time. How are futures used in the capital markets, again you can either be a hedger depending on what type of portfolio you may be managing if it's your own portfolio, a corporate portfolio, an investment portfolio of any sort, you use futures to hedge or protect yourself against any sudden or severe unexpected losses and or speculation. Speculation doesn't need any intro to what that means. How to value what the value is and how to value the tick value in each of the contracts in the futures contracts available because each asset class it's not the same for every single type of asset. The gold tick value is not the same as the S&P 500 tick value and S&P 500 tick value is not the same as the oil etc etc. So understanding we went over that what the size usually per contract we used a couple examples last week where gold as one contract is valued at 100 ounces of gold and what its tick value was and oil is 1000 barrels each contract is equivalent to 1000 barrels with crude oil and then what contracts are traded in the futures market. Last week we also discussed the depth of the asset classes available from the interest rate markets to the agricultural markets to the energy markets to the FX markets to the commodities and metals markets etc etc. I went through the list I showed you the snapshot on on screen you can go to a tick mills website and you could easily look up and see what's available what they have available and they also have available on their website as well the the spec list or the specification list that gives you the value of each tick and contract size and so forth and for this evening again we'll be discussing what the expiration dates mean and what the obligations are to you the investor which you must adhere to as these are mandated coming from the exchange themselves. Okay so these are not made up by a tick mill or anyone else expiry dates if you have ever looked or seen looked at or seen a futures contract you will see for instance crude oil its code is cl and then right behind the cl you will see one of these letters here either an F G H J K M and Q U V X and Z very confusing I know it first but these stipulate which month that particular futures contract is going to expire so we would say cl for instance in December clz 2022 so that way when you're looking at that particular chart or that particular futures contract you know that it's crude oil it's a futures contract because it's got a future date on it with the calendar year now we know also which we'll be able to see further each and every single expiry date is the third Friday of each of these months so if you have a contract that is for instance January with the letter f cl f 2023 then it will be the third Friday in January of 2023 when that expiry date on that contract is due or the obligation of cash settlement takes place futures contracts I just mentioned on the third Friday of each and every single month I gave you that example already now pending on your investment strategy or your portfolio you may need several different or several futures of the same it could be different or the same futures contracts to accommodate your strategy and you will need to layer your contracts accordingly so you don't leave yourself unexpected unexpected unexpectedly exposed so from this angle when I say layer your contracts you can say okay I have a position that I need to protect I'm long or short a specific commodity asset currency whatever it may be and I want to protect myself I want to hedge 50 percent I'm willing to take a 50% loss I don't want to take I don't want to get out of my position but I need to protect myself at least 50% in case something happens unexpectedly unexpectedly and this is what I need to do as time goes by when you have a futures contract you'll realize the profitability and or losses on a daily basis not realize but you'll see them on a daily basis as the market price changes with the underlying asset the thing that gives you a bit of I don't know I don't know if comfort or luxury is the right word but you have the ability to know that you have that contract for its specific amount of time nobody can take that away from you so you can be long or short a specific asset naked without any type of options or futures to help hedge your position and if the market goes up or down regardless whether it's in your favor you're making money if it's not you're losing money but you need to have your strategy in place now this is where the futures come in to help protect your strategy and make you money at the same time while limiting limiting your losses now what happens at expiry or any trading day prior to the expiry date you have the ability to close out that contract and you can close out the contract and it's a cash settlement depending on what the balance is we're going to discuss further what initial margin is and what maintenance margin is in this discussion this evening with the expiry dates so we all get a better an idea of how it would work I'll give you I got some examples for everyone as well but the ability to close out with a cash settlement when you want if you're happy with the profit or the result of what you're looking for but if for any reason you do forget and you let it run it will automatically it will automatically expire on its expiry date and it will settle with it will settle uh uh accordingly with the with the cash position whether it's a profit loss or or gain now let me make the screen a bit bigger this is off of tick mills website and now we're going to get into specific examples what initial margin means and what the maintenance the exchange maintenance margins mean okay so right here I think I've made it big enough I'll make it a little bigger so everybody can see this is right off of the the website from tick mill so you can uh immediately use as a reference but here in this black box here this is the uh New York exchange okay and this is the crude oil remember one contract is equivalent to 1000 barrels uh 1000 barrels of oil and if you were just to we'll get into an example later but do the simple math if you were to buy and purchase a thousand barrels of oil at today's price which is currently trading right now at 101 dollars and 14 cents you would need to dish out 101 thousand dollars in order to take a position in uh one contract of crude oil but with margin accounts the initial the exchange initial margin with NIMEX is 11825 that means you can purchase this one contract take a position with one contract for this amount which is roughly almost 10 percent of the value if you look at it a little less but plus or minus 10 percent and that's what you need to initially be you have to invest and pay to take the position this last column is the maintenance the exchange maintenance margin that means you take a position in this particular contract at 11825 dollars we'll go back to the specifications down and down further in this particular presentation this evening you'll be able to see exactly what i'm referring to so you can calculate the tick value but at any point in time if your account with this particular contract hits the value of 10750 dollars on this contract you will receive a phone call and they will ask you to make a maintenance margin call that you either got to put up more money to keep the position or you can just say you know what go ahead and close it and you close it out for the loss you want to keep it open you've got to feed it you've got to keep that position fed so that you don't keep getting these maintenance margin calls from the exchange these are coming from the exchanges and these are automatically automated and there is no way around them this is why it's obligatory and it's also very very important for you to understand the the the depth and the sophisticated the the this the sophistication dealing with these futures contracts we'll slide it down just a little bit i'm going to get a quick sip of water if you don't mind so you can see here well i'm getting my water i've circled for you also but an e-mini crude oil what its margin is its maintenance margin initial margin this is the initial margin and the maintenance and what e-mini gold looks like excuse me all right so these are also more examples of off of ticker mills website web page what's available get this out of the way and what the initial margin would require and what the maintenance margin level would be okay so here you can see here's an e-mini nasdaq here's an e-mini natural gas and an e-mini s and p 500 which i circled on this particular page there's no reason rhyme or reason i circled these but since these are let's say well known or more well known amongst traders and investors just so that i could bring it out to your attention now further you got the nasdaq you got the e-mini s and p 500 you got the micro gold and you have micro silver and then again you can see here on the far right side what the initial margin would be and at what point or what level would require a maintenance margin call when i say maintenance margin call it's you will receive a phone call or receive notification that hey ali your position with micro your your micro silver position has hit 1900 you what are you going to do you're going to add more money are you going to liquidate other assets to to keep the maintenance margin above its maintenance margin level or do you want to close it out and then you got to give them that decision at that point in time right then and there if your position never ever reaches a maintenance margin call or maintenance margin level period then it's up to you to monitor the level and the the valuation of the contract during the course of its lifespan and you decide when you want to close it and or let it run to expire depending on what your portfolio strategy is all right unless here's an here's an interest rate example with the 10-year treasury note the initial margin and also the maintenance margin call now let me make this a little bit smaller so we can get it all on the screen there we go now but i want i'm going to enlarge it again so you can see these contract specifications don't worry but what i want everybody to understand here uh within your position the cost of the initial margin how much is it going to cost you the investor or trader to take a particular futures contract out on the asset that you want you need to understand the value behind each how the tick value is valued on that specific futures contract you need to understand the exchanges maintenance uh required maintenance uh uh requirement levels the margin levels there just in case things don't move your way immediately they may touch the maintenance margin level which would like i just repeated earlier may require you to add more capital to keep the position or you decide to close it and then the expiry date you've got to understand how expiry dates are important and how they can be layered in several different factors as uh you know you can use a ladder where you can have futures contracts layered out or layered out every three months for expiry that way you're constantly covered um this is not advice this is just strategy to where you can think about your particular position your particular portfolio and depending on whether you're speculating or hedging there are many different ways that you can use uh futures to your benefit and your portfolio's benefit now i'm going to enlarge this so we can look at these specifications there we go so here is crude oil like i said earlier one contract is a thousand barrels the tick value you're looking at one cent and one cent point zero one tick value is equivalent to ten dollars okay so every time now crude oil is trading at 100 spot 78 currently at the moment on my screen that i'm looking at over here it goes up from 100 spot 78 to spot 79 that's ten dollars profit on that particular contract if it goes down to spot 77 that's a ten dollar loss on that particular contract okay the e-mini crude they call it mini because you don't this contract size is only 500 barrels and its tick value is at spot 025 and its value is 12 and 50 cents so every time crude oil itself the price moves spot 025 ticks that's equivalent to a 12 and 50 cent move in your account depending on what type of position you have okay now this is also located on Ticknell's website for you to be able to access and you can look at all the specifications contract specifications available for all the contract sizes uh from for instance uh you have mini gold micro gold you have micro silver mini silver uh crude oil we saw just e-mini oil and you so forth you can see the e-mini s and p 500 the micro s and p 500 and the other products that they have and then you can then start to formulate ah okay this is what my portfolio consists of these are the products that would help either hedge or further speculate to further enhance uh the risk if you will uh further enhance profitability but be mindful of the possible losses as well now initial margin what does this mean you need to understand and this is the the amount of capital that you have to come up with in order to take a position with a specific futures contract depending on which exchange it comes from like I said earlier each exchange has their own rules that we all must abide by as traders and investors this is not anything filtered through tick mill or any other broker dealers that you may have experienced or are dealing with this is mandated through the actual exchange themselves and this requirement will say okay you're going to come in you put in this initial margin you put up the capital you got to be mindful you got to manage that position accordingly and if for any reason that position moves against you and it starts to get close to that maintenance margin level you will receive a phone call and it will say you're getting close just where we're letting you know what do you want to do do you want to keep the position open or if it hits the maintenance margin level do you want to close it if you want to keep it open we suggest that you go ahead and add some funds to your account now or if you're going to close it so be it once it hits the maintenance margin level we'll go ahead and close it out for you that's what the required maintenance margin level is just underneath what I just explained of what the initial margin is and this is the balance in which you will need to either deposit more capital into the position to keep it open or close it out for a loss each exchange has their own required maintenance margins for the futures contracts in which all traders and investors must abide by now we're getting into real life examples so I know I've changed dress to focus on a couple of things here so you can see up here in the upper right sorry upper left corner U.S. oil okay and then this is a CFD on the WTI west tax tax crude oil and this is coming from trading view it but yesterday's time of making the spot price for crude was at 9415 it's trading today it's up 6,042 cents and it's trading at 100 spots 71 at the moment okay this was this is a spot want to go in bro dealer tick mill has their own initial margin requirements maintenance margin requirements etc etc to keep this position open now you want to get into the futures aspect of it here's where I want you to look up in the upper left corner you're going to see right up there the letters C L which stands those are the the abbreviations for crude oil and then you'll see the letter Z if you remember the very first at the beginning of the of the presentation this evening that letter table when I see the letter Z I know that this is the month of December and it's for the year 2022 so and I know that this is a crude oil December expiry of 2022 futures contract it was trading at $90 and 12 cents so what we're going to do now based on these two numbers I've created a real-life example of how about as an investor or trader calculating your profitability and or your loss for this particular position okay so if you were to take out a crude oil one crude oil contract is a thousand barrels and you would have to come up with at the time of this 94 thousand and 150 dollars if you wanted to buy a thousand barrels of oil but with the initial margin you would only have to come up with 11,825 now getting back to here's the contract you would buy the December one at $90 and 12 cents so the tick value if you recall as I was saying is for each spot 01 move in a price of crude oil its valuation is 10 dollars okay so in this example if we use the spot price of 94 15 and we purchase you know what I'm going to go ahead and purchase this future right now December expiry at 90 12 and let's assume that the December expiry comes and the price of crude oil is exactly at 94 15 what's happened to that particular position or this particular futures contract value wise so just doing the simple math that the spot price was the price of expiry how much profit or loss would we have in this particular position it's very simple you take the spot price 94 15 minus your future price which gives you a positive four dollars or four spot 03 and then we would divide that by spot 01 which gives us 403 ticks and we multiply 403 ticks by 10 dollars because each tick value is 10 dollars then in this particular example we would end up with 4030 dollars in profit in my account on this one particular contract alone okay so now you can start to see the depth and and breadth of the volatility that can take place the amount of profitability and or loss that can take place this is very serious so if you look here I charted in earlier presentations as inflationary talk was happening and then the geopolitical tension happened between Ukraine and Russia you can see how it spiked it spiked back down and now it's settling into we don't know what range but it's very volatile at the moment the Fed is coming out saying that there may go up 50 basis points hike and the next meeting so we have to keep that on the table inflation is still getting higher in the states the 25 basis points hike did not do anything to curb or slow down the inflation issue in the United States markets now the cost of raw materials and metals and raw goods is also increasing oil we've discussed it several times and gold several times the volatility based on geopolitical tension but we don't know what's on the table what could happen to you politically if it gets to the point where Russia decides to turn off the taps completely just to show that they can or what if they come up with an agreement they come up with negotiation and settlement and all hostilities stop what will happen then in theory you would think that the price would drop up if you if you think that things were to continue to get worse and worse to the point where Russia turns off the gas and oil pipes to the EU and European nations that it's providing their services to you would think that the oil would spike immediately in theory we would all be correct but we don't should go to have what will happen so this is the speculation part so based on your own portfolio and what positions you have this is a prime opportunity this is a prime market for each and every one of us to understand basically more about what futures are but also not be scared of them once you understand something there's no more fear to be scared of you just have to understand how volatile they can be and know how to use them and there are a perfect security and form of investment to help traders investors this is another example where gold if you look up here gold was trading yesterday gold right now is currently trading at 1979 spot 60 at the time I was making this presentation yesterday it was trading at 1956 spot 90 so it's up a little bit today roughly 30 31 points and if we look at on the upper left corner you'll notice again you'll see the letter Z there you go listen to the letter Z behind GC and then Z there I know that I'm looking at a gold contract and the month Z represents the month of December so it was trading at 1982 so same example as we did in oil if we were to look at say okay gold is trading at 1956 spot and I want to take a take a position to carry it through a futures contract to the through December and the December price is trading at 1982 you know what I'm going to take it so I purchased the December contract at 1982 right this obligates me I'm stuck to this price okay now from now till December it will fluctuate depending on the value of gold of course but let's assume I hold it till expiry date which is the third Friday of December and lo and behold it ends up right back at the same price the spot was when I bought the contract of 1956 what would happen to my position there just like we looked at oil earlier oil would have given you a four thousand dollar profit four thousand thirty dollar profit but if you do the math on this one on this particular exchange the value is the tick value is 0.25 spot 25 is equivalent to twelve dollars and fifty cents so basically you take 1956 spot 90 which is the spot price you subtract your future contract price of 1982 spot 80 which gives you a deficiency or a negative of 25 spot 90 you divide that by spot 25 the tick value and that gives you 103 spot six ticks and you multiply those and fifty cents this particular position would have created if I had gone long one thousand two hundred ninety five dollar loss if I had gone short it would have given me one thousand two ninety five profit same thing for oil we used the long example but if I had gone short it would have been negative four thousand thirty dollars four thousand and thirty dollars so this gives you an idea now we know what the letters mean so you need to know what the symbols are obviously the letters mean which month which year they expire you're going to see a you'll most all the time see a difference between where the actual price of the indices the treasuries the the agricultural commodity the metals gas and oil their actual spot price will be different than the futures contract price because how to take in some factors that we've mentioned before come in on when it can't just time value of money but you're talking about cost to carry insurance manufacturing cost etc etc all of these come into play into the futures contract what are a little smaller what are the key takeaways from this evening's episode one you must everybody needs to know obviously what you are investing and trading within your portfolio you you just you need to know you need to understand and why and know why just is it a trend you see something happening fear of missing out like they call in fomo that's happening with cryptocurrencies all everyone's making money I gotta throw in and next thing you know it's it's almost like a curse as soon as you put in your money into a position because it's been making so much money for everybody else it seems as soon as you put your money into a position bang it goes against you do your research know what you're going to invest in and why or know what you're going to trade and how you're going to trade it and why then going back do your own deal do your own due diligence based on your own research there's a lot of information out there not only over the in all many different social media platforms connectivity platforms and television programs youtube there's just a huge amount of resources available for you to grab information from in order for you to get a better picture of what it is that you want to be involved in make your own assessment you can like how people may be opinionated in one way and how they explain their viewpoint on why they should do this that or the other and you may not like someone else's view or how they say they should do this that the other and you learn you learn how to find what you're more or let's say gravitating towards what type of information you'd like to read and how you understand it and digest it better than others and then you're able to formulate your own idea and your own strategy as to what you think you should be doing within a specific asset class once you've done that then it's very easy for you to say okay here's my strategy boom how can I protect myself the the object of the investment and trading world is what it's to make money it's to it's to make money no one does it to lose money so how can I make money with the least amount of risk and this is where the futures come in the futures contracts come in to help you hedge and this is where you're able to pick and choose what type of information you want after 100 hedge you can have 25 50 75 80 hedge so that if any sudden or unforeseen event or a miscalculation in the actual market some report came came out better or worse off than it was supposed to be and it sends the market into a frenzy you need to make sure that your position is protected so that your objective is to have your portfolio make money and how can you protect it how you can protect it or hedge it using more sophisticated investors and securities like and then once you do that then you'll realize that you're going to need more than one futures contract depending on the size of your portfolio obviously but for the more sophisticated investors and larger portfolios and larger positions that do you need hedging we're talking at the institutional level you know pretty big portfolios they have to have a layer or ladder system of futures contracts in place so that it's not just one futures contract and they're letting it ride on this position it depends because depending on when you're buying and selling if you're buying and holding for the long haul are you buying and selling and day trading during the day so you want to want to hedge yourself during the day then you're going to close out your position and you're not going to keep your futures contract open and over okay thank you okay just for instance you know I think you know I'm looking now S&P right now is trading at 44.32 and I think it's going to close out at the year even though it's down 5% at the end of first quarter of 2022 I think we will rebound and it will end up being 10 percent higher from this point so I'm going to go ahead and contract then you can take one contract and speculate but the more sophisticated your portfolio is the more futures contracts you'll have involved layered in and this is what I mean by layered in with your hedge protocols in case of any sudden or negative event that takes place and I always like to leave with a quote famous quote of the day for this evening the stock market which is pretty fitting for what we just discussed the stock market is filled with individuals who know the price of everything but the okay this is said by Philip Fisher who is an American stock investor back in the day and he was a well-known author for the book common stocks and uncommon profits a guide to investing that has remained in print since it was first published back in 1958 so it's around 60 foot came from which is also adds a little bit more information and resources to what we discussed this evening from the top 100 money quotes of all time that was printed out in November 15th of 2020 and this is another testament to the fact that investing without education and research will ultimately lead to regrettable investment decisions research is much more than just listening to popular opinion and that's exactly what I just ended up on with the key takeaways is knowing what it is that you want to invest and why how to use the futures do your own due diligence not just popular opinion you're not just going to see oh mad money said this is a good hot stock I need to buy it mad money says gold is going to be 3000 but I gotta buy it no you if you just can't be all over the place you got to be disciplined you got to be structured and more you've really got to you don't have to spend all day people like me spent a lot of the time understanding what's taking place in the market but you don't have to spend as much time but you need to be disciplined in the amount of time that you do spend and when you spend becomes a repetitive pattern day by day week by week month by month you will then start to see the difference and reap the rewards and benefits of your discipline based on the research that you do and take the decisions that you choose and you're going to lose some you're not going to win every time you're not going to lose every time either but this is what makes markets and this is what you got to do in order to be successful I'm going to leave it here tonight I spoke a little longer than I usually I hope everybody has a good evening and we have holidays coming up happy Easter to all of those celebrating Easter this weekend and happy Easter we'll be on schedule for next Tuesday inshallah as well so happy Easter for this weekend first I'll go ahead and get out the happy Easter for the following weekend and then after that it will be the coming to the close of Ramadan as well so Ramadan Karim to everyone that is fasting and happy Easter to everyone that is celebrating this weekend and or next weekend and have a safe week in trading the market do good Friday so keep that in mind so we have two more trading days this week uh to uh so if you didn't know that now you do and I'm going to leave it for any last minute questions does anybody have anything that they want to uh ask or share now is the time going once going twice all righty good evening and good luck


Thank you. The next one is three thoughts. I'm going to go to the three softwares. Thank you. Hello, everybody. Welcome to DebConf. I was not really aware of this. It would be my talk. This is the first to introduce in DebConf. And maybe that's the reason because not so many people are here because I doubt that it's a weather condition which makes this room so... less crowded because the weather in Scotland is either cloudy, rainy or foggy, so it's quite normal today. At least this is my precondition. I wasn't here before. Sorry. Now to the talk. Well, there is no free beer served in this talk. I'm very sorry. Not in the early morning, but perhaps in the afternoon. The intention of this talk was to explain my mother and my colleagues what I'm just doing.  What is it? What are you doing? And I had serious trouble. And so I slept some nights and thought, well, perhaps I should prepare a talk. And in this talk, I want to give some... I want to explain some thought. What is software at all? What might people understand software was a little different point of view compared to hardware. And then I will go very few over the patent issue and come to the main point that free software means free of charge, but something more. Moreover, I want to talk a little bit about knowledge, knowledge also compared to free software, free knowledge. And I will tell you about some alternatives to commercial knowledge if you think about some dictionaries you have to buy or whatever. And at last, I want to tell you something about the power of your distribution. Well, we are in the Debian conference. We are building a distribution and why I think it is very powerful. So now to the part of the heart and software comparison. If you think about anywhere, a renderer and a renderer have the chance to write the where. And in most cases or quite often the price is dependent from the white if you buy one kilogram of sugar, two kilogram double the price or whatever. You can bite on it. You can have a disk and bite on it. That's fine. You can do whatever you can do with a physical thing. And both people, Renderer and Wendy are able to check the where. You can go to the marketplace and check whether it is fresh or good and fit your expectations. And the Wendy has some certain rights. He has the ownership. If you buy the chair, you can put your chair in your home, sit on it. It's fine. You can change it. You can think, well, this chair is nice but well, it could, I would like a red color and you paint it red. Fine, it's your perfect right. And finally, if you think right was not the right color, I try to sell this chair. You can do it and nobody would care about it. If you think, I would like to duplicate this chair. It's not the best idea if you are not very good in handicraft and it is better if some professionals do duplicate of this hardware. So you will normally not think about it. What about software? It is really aware in the sense I told in the previous slide. Does it have a weight? Well, not really. So the comparison was the double weight, the double price doesn't work. It is checkable. Well, if you go to the shop and want to buy a box, you have mostly no chance to check whether it fits your expectations and so on. So what is your right if you buy a license to use the software? Well, you have the right to use, okay? But you have not the right to change something and the right to use, perhaps you know it, people learn that if there is an installer and you click on the installer from the license screen, there is blow on the bottom, it's a check box, you have to check it and say next and this works. Nobody will care what is this strange text which is hard to read and it just works if you click the button and next. So, and you mostly are not noticing that you have not really also the right to sell the software to somebody else so the rights are very restricted compared to the hardware you might have bought. But duplication would be normally easy and so it is prevented by technical means whatever this means are. You know, different examples and so the difference between hardware and software is in the rights of the usage and also that you are not able to verify if the software is fulfilling the purpose, the vendor is promising. So, if you go to the marketplace you have some odor of some bad smelling fish and you know this guy, people come to him and he will be forced to sell fresh fish and you have no idea whether the software stinks or not and well sometimes it is quite hard to find out that the software is not doing what it is supposed to do that it has bugs and you have to care about the software you ask the company whether they could fix the bug and so it is very different if you compare this hardware and software stuff. So, this is one side I want to explain for the software in general. Now I come to something which is an interesting effect because you have patterns patterns are nice thing for investigation but also here we have a difference between software and hardware. For instance, if you see this progress bar you know it is quite a simple thing if you see a race or so the runners are running from the start to the end and you see some progress it is a simple process there is no real invention in this thing if you use it in software but perhaps I should have used the patent of the firm IBM and so I think they will not care about my slides but you see there is also a difference in patterns if it is about hardware or software there are so stupid simple things patented in software which simply makes no sense or for instance in Germany or in the complete EU you store your files with file names that have a date inside so if I store a file today it was 2007 0616 as the date of today then and I make it available over network drive I will break the I will have to pay license fee to this company so there are some very stupid things which are possible in software and patent issues so this was about the commercial software people at least these people I wanted to tell about free software tend to talk about freeware they just say freeware what do they mean with freeware there are three different things about so called freeware this is for most people it is just one thing but I think at Debian conference we should differentiate between the download here software you can download binary software and use it this is kind of free beer you can go to a pub get drunk getting drunk is not the only thing we want we want a little bit more we want to know whether the beer we have drunk is poison or whatever we don't know so it is good if you have the code of the software and can look into the code and do what the code is doing on your machine so there is a second type of freeware the code you can hear everything what is said in this code but you can't change it you can't say anything about what means making new code and make a better program and now we come to free software free software is by definition something where you can have all rights to change the code do whatever you want with the code and this is the main point it is not about the price of the software it is about the right to change the software so the free is more centered on the rights you have and not on the price so where is the catch everybody asks where is the catch if there is something what doesn't cost anything it can't be worth something the catch is free in our sense does not mean free of charge so as I said the main focus is on the right to use the software and it is more in the sense of the free speech and free speech is not always simple if you are living in a country where the free speech is not so well the government does not really like to have people free speech then it needs some strengths to do some speeches and you need some competence to do clever some speeches and you need also some time to prepare the speech and so in these three points for examples the person who does the free speech has to be able to do the speech and he needs some time and he just have to do something for living and so these costs are hidden in the free software what exactly is free software is defined in the free software guidelines this presentation is online and there is a link and I think everybody will find it so what about free knowledge? Do we have alternatives to freedom also in the knowledge because software is also some kind of knowledge which is just turned into functionality free knowledge you might know Wikipedia if not just look at wikipedia.org and look up your special field and you see well this is good free knowledge or you see this is not so good and then you have the chance to make it better just try it and the interesting thing is well this is some kind of spam mail the interesting thing is that these people claim that their source was Wikipedia and this is interesting because our enemy takes us honest and this is interesting we also have some free knowledge and this is a point that from some point in time the enemy thinks well there is something we should not ignore anymore so what is the user expecting from software in general a user wants some long-term continuous functionality this is important to do the day-to-day work and do not really care about the software is free or not free they just want a program that works and the users also have some expectations in the program and the service they get if they have some trouble with the program they want some service to get the program running and the user has a budget and this budget to program and service if the program is for free it's more money to get the service and so he is probably happy with free software open source is living from contributors and so the idea is if I get more people using open source software I get more contributors so my customers as a free software provider are contributing back to me and are in this way contributors who can enhance my code so in general the quality increases with the number of users I have for my program at least if they understand the principle that software is not something they have to accept and send bug reports or whatever then I can enhance my software and so they get a better product for their own work this is I have many colleagues who are not involved in the free software world and they really wonder if it has any sense to send a bug report to the producer of their software so the producer of some software has once issued this nice advertising I really like it it was not only to promote Linux more the other thing but it's called gets effects and what can we learn from it well Gandhi said first they ignore you then they lauded you then they fight you and then you win and it is nice to know that since 2002 the phase 3 where they fight at you very sorry since 2002 we are in phase 3 where they fight against us and this is very optimistic in my opinion because well phase 4 is approaching I think so what about the power of distribution well imagine we have a user who was has happily bought some hardware and thinks well I have heard there is some free software around and well I just want to try my luck and in some operating system this is called Linux and I found for free in the internet now I need some graphical interface and he had learned well Linux is not so nice but there are some for instance of course there are others but just for example and the user needs a browser and well he always grabs the source from the net, compiles itself and is a very brave user and he also installed a mail client and well I don't know how long it takes if a user the source gets compiles on his own machine does this also from scratch but I think even if it is a quite clever user after this step he is not so happy as he was before because he spent at least one day of time if he is quite good if it comes to some office suite or some type setting system and nice drawing program he is even less happy because it takes very long time it would be much faster if he would well crack some programs or so and use the installers which are only free of charge and so well it is not real fun until he is able to install free web servers and databases and so this user is wondering what is the sense of this free software and well perhaps until he reached this stage one week to get the free system running and perhaps he was able to gain to earn money of £1000 in this week and so he was able to buy all the software on the commercial side but well this is not really the sense of free software and so you can compile your programs yourself but why not asking others to do it for you and so others did it and built a distribution this is a distribution the user can put on his computer and the time he spent is worth some money and this slide quite clearly explains something it is worth one week of work for the user and so this is my answer if people ask me well I have seen a box it cost £100 also I thought it was free I have to pay money for all this work which is done in this box this is the most reasonable way to install free software but I think you have the right to do the work but you don't need it what is the difference to Debian Debian is also kind of a box and the user can install it on the computer but he has not really to pay money because Debian is a free distribution and the interesting thing about Debian is that all these people the Debian developers I'm one of these funny people have some interest to well put these software into the Debian distribution for their own use so they do it anyway and if these people do this work to take the source compile the code and upload it to get it in the distribution they think well we can do it for somebody else and somebody else will do some other program and so this distribution is built on a community effort which is interesting alternative but for instance here I told you I'm one of them and there's somebody else in the room who's also building some software the alternative is we are not really people who have an interest to bring our software to the customer in the first place we just want to build a very good operating system for our own we have no interest to make money with this and this makes some interesting difference a distributor the commercial distributor has the mass market to make some money this is fine some special software is missing in his in his boxes because well the mass market is kind of a general thing and you cannot earn much money if you try to support for instance schools or if you try to support small market niches or try to support some special kind of sciences these people the distributor expects that these people take over the work I described before for their special software and the solution in Debian is that many specialists like these funny people build the software they are interested in, they are in need and where they are interested in and put all this into the distribution so Debian grows to quite large distribution this Debian is the largest distribution but this doesn't matter it is in this way interesting because things are included that are not in any other distribution well nice image, what does it mean every red circle is a place where one of these specialists is sitting in an old map unfortunately we have no current map but you see the red circles are spread all over the world unfortunately not so as empty places it would be nice to have some sitting there and all these people are connected by lines and every line means one Debian developer who is sitting on one red circle and the other developer and they exchange their keys so they trust each other it's a problem if you have a network of people who are working together how can they trust each other how can they know that somebody who claimed to have done something that really has really done it or was it somebody else and so we have to build this network of trust and the form we try to build this to show graphical how we are connected so I've told special programs are interesting in Edebian the development of free software is kind of an evolution process and it is very successful if you have many users for a program so it is no problem at all to find many users and many developers for web browser so it is perfectly clear that Firefox has so many users that are amongst these users are very talented if gifted developers who develop this software special software has quite a small user base so if you think of my hobby horse is medicine if you think of doctors running a practice there are not so many gifted programmers and even less people who are clever software engineers who try to work on free software so this is a problem to get very special software in a free software distribution and we have a certain profile for this specialist it is normally not reasonable effort to install upstream programs so if there is some free software which fits the needs of a specialist he is if you think of a doctor is just busy to care for his patients and not for his software so he needs somebody who does the work for this program for him they are also not interested in administration these specialists want a computer who just works who they will not try to care about any configuration of Apache or whatever and the interesting is they need only a quite defined subset of available free software which is as I mentioned before not available in commercial distributions because this commercial distributor does not expect to get a good market share from this special software the profile of the administrator for those specialists he has also limited time frame because he has to care about many different things and he has also a lack of specialist knowledge so I know it from my field or I know it from the Debian Edu people and teachers who are in this group who develops such a distribution for schools but there are also programmers who have no idea how schools are working and who have even no idea who are schools working in different countries and so the administrator in principle we also administrators of the user always an idea what his user really wants and this is kind of a problem I faced quite frequently so well this is also a user who has installed Debian who just managed it and he is looking at the descriptions of the 18,000 packages and well it's just confusing because the 18,000 package descriptions are written in the language he doesn't really understand and if he understands the language he understands maximum 50% of the content so how to help these people we can do the following we can make some focus on this really huge software pool and this focus is for instance if I'm a teacher I think well I'm interested in the education of software and I'm looking for only the piece of Debian that contains this software and so some people sit down and say well we want to support those people and made a so called custom distribution which is called a Linux everything around is not any more interesting for those people they just focus on this software they really need and well I entered Debian in 1996 there was quite less software I don't know how many packages and even then it was not possible for me to browse all the packages that are available and I had to do the configuration I needed for my special purpose and it's a current stage 10 years later it is really impossible to find all these things and really notice which programs exist in Debian I know many people who thought well I just got the source from this program and compiled it and asked why didn't you use the Debian packages oh the Debian packages nice so we just take over this work and there's another project Debian made which is my hobby horse a little bit and I do I'm doing the same for medical persons who can be split up in medical practitioners which are not really good supported because there is not so much free software for these people but there is also some biological software microbiological software that is we have about 40 packages inside Debian and the support for those people is just to make them aware of this software I know many biologists who need certain software but they have no idea which free software exists and so we can give them some support in this way we say just we can give them some support and this cares for the installation of all the stuff you are interested in what we have in our distribution so this is in my opinion this is a real power we have we can prepare ready to run system for for all users not only here's Debian distribution but we can also care for people who are specialized to fields that are not mainstream and not just an office suite or whatever if we learn that this is a real power we have in Debian we can get even more users who are really happy with Debian and let's see how it works so I think it is a little bit premature for euphoria and we are on a nice level I told you somebody else is fighting against us this is a very good sign and you know some other examples companies make some agreements about not issuing somebody else and so it is interesting time where we live I hope that this interesting times end in a state where we are even more happy than we are now we as developers really appreciate support from everybody so if everybody learn something from this talk which I would be happy about just join us tell us your problems we really like to care about your problems because we it's just fun to fix problems and not only for the sake of it to fix problems but it is nice to see people who are smiling if they are using also yes we had some first competitions with property systems so there are some rankings between famous web browsers and well I think the tendency is not bad so there are some rankings between some famous databases and well we are not really bad and if you think you learn something from this talk you can ask your software producer also some questions for instance what is the sense of a dongle I have working institute there are many computers featuring a dongle on the back and it's the USB ports not enough some dongle stacked one over the other it's not really fun but users don't ask well it's a software and the dongle put it in it it should work but they don't ask what's the sense of this how fast can a bug that was asked for fixing is really fixed did you ever try to call a service hotline if they are able to fix a bug this is really interesting I'm not saying that every bug in free software is fixed immediately but for instance in Debian you have a certain person who is responsible and you know who is this person and this is one reason why bugs are normally quite fast not always but you can ask this person what's wrong can I help you is it possible that somebody else can fix this bug this is quite a difference of calling a hotline waiting some loops of nice music until you reach somebody or sending a bug report and getting some email can you give some more information or just as easy I fix this this is some difference then you can ask companies what will you really lose if you release your code for instance if you remember the story of Firefox it was formally Netscape and they the company Netscape had some trouble with the most famous web browser one times and then they lost some market share they lost more and more and finally they thought we have no real chance we just release our code or you have seen as an open office this is an interesting effect that companies who are providing a commercial software or a proprietary software and see we cannot compete with the market just release their code because this is the only chance to survive and finally if you look at those projects like Firefox and OpenOffice they were the winner in this process to survive because they really survived so the question is what will the company lose if the code is released and perhaps some other questions you might have for companies so I do not want to talk anymore in this place you can find these slides on this web page and there is also a written version of this which is a little bit more perhaps a little bit well not so bad pronouns English I'm sorry for that and if you have some questions it's your turn now I can give you the mic I come down what is your opinion of the dual licensing I have friends who have two licenses on the same program I have a question okay is this on yeah his concept was one license for contributors excuse me one license in order for contributors to help a second license for them to make a profit from service okay if someone must use this model what would you advise as the contributor of license and what would you advise as the service model of license well this is a little bit hard to give advice because as I said if one license is free for contribution or whatever and also people can use it for commercial reasons who allows to make some other profit from it it is hard to decide or you rate this business model I think it is nice if people have a free license and a different license to make some money because these people have to live and if these people are not able to run their company the software would be bad and this would be bad so it is a little bit hard to give advice which is the right license you have to ask a lawyer to give a competent answer for this I'm really no lawyer as long as you are giving the source to somebody else and it is free that is okay but if you have a proprietary system and you grab this for a proprietary system that is not allowed in the license that is a very tricky legal question as to how you do that it depends from the GPL wouldn't allow this what you say but if you use a BSD license which is also free it was interesting for me because I didn't understand the sense of this BSD license to base closed software on this this is allowed but the sense was explained to me in private because the United States want to spread knowledge between the people and also the companies and the companies are also part of United States and so these should also profit from this software or this knowledge but it's quite okay for them to base also closed software on this works some of the licenses are very good for the big proprietary company who steals the open software I don't think that it is stealing if I'm the author and I think it is okay for me if people use the software and close software then it's the decision of the author is not stolen and the author is not aware of the differences of the license you should explain him but I think it's not really stealing okay somebody else the mic is there it would be fair to describe your sort of company or the charity based company can you repeat the question would you describe your company as I'm not a technical person but if I look at that presentation would you describe yourself as a charity based company because surely you are not competing well in Europe would that be fair to say I mean on your map when you looked at Africa for example you don't have many systems there are you trying to target Africa or do you compete mostly in Europe well we are just the organization who everybody is free to join we are not advertising people that all of you are not ask people to join us they just can join and if we would be happy if people from the white spots would join us and as I said the map is not really up to date the white spots are not so white anymore but there are large white spots and the problem that if there are areas which have not so good infrastructure they have not so many computers and the knowledge that there is free software is not so widespread as it is in other countries so if these people grow up with computers they will get the sense of free software that especially in these countries will join much more people than from anywhere else but we have not the power to ask those people to come to us that's not our point ok, thank you very much anybody else if not we will make a 5 minutes break until the next talk 5 minutes


NSIC football honors were today also Gunnar Olszewski getting named defensive player of the year. Olszewski had three interceptions and also led a defense that led the conference with 21 interceptions. So definitely a great honor for him and 17 selections for the Beavers on offense and defense combined. So quite an accomplished season. Yeah boy hard to believe Olszewski is done. I mean it seemed like it was just a freshman and what a career. Yeah definitely a big part on the special teams unit too returning punts and kicks and also being the holder. That's right did it all. If you enjoyed this segment of Lakeland news please consider making a tax-deductible contribution to Lakeland PBS.


Hello, I am Mr. D. J. Doshi, Assistant Professor, Department of Mechanical Engineering, Valgen Institute of Technology, Solapur. Today we will be studying about projection of solids. At the end of this session, students will be able to draw the projections of solids as per given conditions. Now, if you read this problem, a cone with 40 mm diameter and 60 mm height rests on HP such that the base is inclined at 30 degrees to horizontal and top view of the axis is inclined at 44 degree to vertical plane, draw its projections if the apex of the cone is away from the observer when viewed from front. Now, this is a three stage problem, so initially we will study about a cone with 40 mm diameter and 60 mm height resting on HP. So, when the cone is resting on HP means its top view will be a circle of diameter 40 and the front view will be an isocidal triangle of height 60 mm and base 40 mm. So, draw a circle as a top view with radius 40 mm sorry with diameter 40 mm and project it upwards. So, project it upwards to get the triangle, so center will be projected up at a height of 60 mm, you will get the apex of the cone join those with the diameter projected upwards and you will get the triangle isocidal triangle of height 60 mm and base 40 mm and top view will be a circle. Now, for the convenience of drawing the second stage, we will divide the circle into 12 parts. So, we will divide the circle into 12 parts in such a way that each angle will be 30 degree, of course these are all construction lines. So, we will divide the circle into 12 parts, project those points upwards. So, if you observe from top 1, 2, 3, 4 clockwise direction we have given the numbering till 12. So, it is 1, 2, 12, 1, 2, 3, 4, 2, 12 and then project upwards, so 10 and 4 will be on the base and accordingly the numbers will be given that is 1, 2, 3, 4, 5, 6 and so on. So, the top view of the circle will be a line resting on HP with 1 dash, 2 dash, 3 dash, 4 dash and accordingly projected points. Join those points with thin lines with the apex, why the thin lines should be there? Because these are all generator lines, so only slant lines both sides slant lines and base will be dark, other lines will be the generator lines, so those will be thin lines. So, now first stage, so for first stage as the triangle is resting on HP or the cone is resting on HP, we will incline the triangle or a cone front view such that, what is the inclination? The inclination of the base is at 30 degrees, so we will incline the cone or the triangle in clockwise direction such that base will be making 30 degree. Now, if you observe this angle is 30 degree, so this angle will be 30 degree, redraw this triangle or the cone front view of the cone and again name in the same fashion. So, apex will be O dash O here and from here 1 dash, 2 dash, 3 dash, 4 dash, 5 dash and so on till 12 dash and again 1 dash, this is the center line or the height line what is called as. So, it will be drawn as a center line and the base is making 30 degrees. Now, project upwards from the front view projected downwards O dash will be projected downwards O will be projected horizontally you will get O which is again the apex when observed as a front view for first stage. So, this is the front view, now when we will observe the front view from the top it will be get a top view. So, it is O and project 1 dash to 12 dash, so all the 12 points will be projected downwards and 1 by 1 suppose now 1 is projected horizontally, 1 dash will be projected vertically we will get 0.1, then 2 dash will be projected downwards, 2 dash will be projected horizontally we will get 2 and so on we will get the 12 points. Now, the question arises which of part will be drawn as a dotted line or which is the part away from the observer. So, when you are observing from for the top view the point 4 or 4 dash is away from the observer which must not be or may not be visible. So, the line related to 4 dash will be dotted line. So, when we will get the point 1, 2, 3, 4 so on we will join the part or we will join the with a thick line this part that is which is visible part that is from here 1 dash to 10 dash and so on. So, this part will be a dark line then join those points with O, so O 1 and O 7 and later on the remaining part will be drawn as a dotted line because it is not visible when we are observing in the first stage top. So, now we have a first stage solved this is first stage this is second stage. So, here the first stage is the front view and top. Second stage is the base inclined at 30 degree to H P and accordingly we are projected downwards. Now the main part which is not studied up till now is droids projection if the apex of the cone is away from the observer when viewed from front. So, this is the second stage top view now for the front view next for front view we will be observing from this side. So, here the apex must be away from the observer means this apex will go away from the observer. So, this if it is rotated in anticlockwise direction this will be away from the observer if the apex is drawn towards this side this will be towards the observer. So, redraw this top view in such a way that the top view of the axis. So, here the top view of the axis is making 45 degree to H P. So, draw an angle angular line at 45 degree now as it is given clearly that top view of the axis is inclined at 45 degree there is no necessity to draw a true length locus and all these things only we will be drawing the top view on the line which is making 45 degree. So, mark point O here from their O O dash is the top view length that is this length O dash is this length then O dash will be drawn here then draw perpendicular lines 1 2 3 4 and 5 on these respective distances. So, these are the distances on which you will be drawing perpendicular lines here on the same distances and mark the points 1 2 3 4 till 12. So, again we will be redrawing this sketch of which the top view of the axis is making 45 degree with V P. So, here the V P angle is drawn on this top view length is marked again perpendicular to this lines will be drawn which are construction lines and respective distances will be marked on this. So, this total elliptical part will be redrawn here apex is already there. So, join the apex with this redrawn sketch or ellipse this part will be dotted because this is already dotted in here then we have to project it upwards. So, here project 1 upwards project 1 dash here horizontal you will get point 1 dash again 2 dash to 2 will be projected of course 2 dash will be projected horizontally and so on we will go on plotting all the 12 points here. Now, if you observe here when you are observing from this side the base of the cone is nearer to the observer is nearer to the other and apex is away from the observer. So, this part will be totally visible. So, here if you observe the when we join the points 1 to 12 or 1 dash to 12 dash the ellipse you are getting will be dark ellipse you are getting will be the dark ellipse because the base is towards the observer and this apex when we are joining as the external lines or the peripheral lines are never drawn dotted from O dash will draw it tangent to the ellipse here and tangent to the ellipse here and this will be drawn O dash will be vertically projected upwards O dash will be projected horizontally will get O dash. So, O dash O 1 dash O dash O dash will be the center line and other generator lines of course will be drawn as thin lines. So, here specifically it is given as O is or the apex is away from the observer. So, we have drawn accordingly and projected upwards and one more thing here if you think of why we are drawn the top view line or the line making angle with the HP as a two length line of the axis because think over it because here it is specifically given that top view of the axis is making 45 degree. So, the top view of the axis will be at 45 degree and we have constructed this projected upwards draw the generators you will get the final view that is third stage view when the apex is away from the observer making for top view of the axis is making 45 degree with VP and base of the cone is making 30 degree with HP. So, for this I have used engineering graphics by Mahalakshmi publication house. Thank you.


What's up everybody on the mangoes, you are awesome and I'm here to tell you that running multiple ADCs does not work in OverPrime. Yes it was amazing in the final beta test, but OP is a very different game now. The gameplay I'm about to feature isn't particularly good, it's just 15 minutes of hard abusing a team that went with 3 ADCs, but A, it's been a while since I last uploaded any OverPrime content, and B, I just want to illustrate that ADCs in OverPrime are no longer the go-to for every lane. It's a quick match in an early access game so of course, play whatever you think is fun, but don't assume you're going to stomp mid lane with a ranger. The graphic fidelity of this video isn't quite as good as it used to be because I've been having optimization issues since the last patch, and I lowered my settings to medium so I don't take this as an example of how good the game can't look. So now let's get into it. I'm playing Halitzer today and I like to have my Q on Quick Castle in Halitzer. As you can see, I don't play a lot of Halitzer, I'm not very experienced with him, so I just brick that rocket straight into the steps. His rocket has a huge hitbox, which is I guess nice for hitting people, however it will hit anything in between much easier so as you see I'm hitting the minions. Now ADCs in the mid lane, they're not, it's not bad, it's not just a free kill, it's not a free win, you do have to play a little, you have to play well, it's just not because I'm a mage and he is at ADC, I'm definitely going to win, but if I use my long range poke and just, you know, don't give him just free basic attacks on me, it's going to go well for me.   They were a little hard for that kill, ended up taking a lot of damage, and Murloc shows up, Murloc is their jungler by the way, he blinked for me, but is it going to be enough? No, because Fingma is going to take him out, even though I missed that rocket, but we get away with a sliver of health. You have two main advantages as a caster over in ADC when it comes to lane presence.  He's trying to get a little aggressive, maybe we're going to hit him with the rocket back up, heal up a little bit, it's fine.  Like I said, I'm not that great with howitzer so some of these mines aren't on point, you'll probably find some better howitzer gameplay from a lot of other people. I'm no howitzer expert, but again, I'm against the ADC, there's no way I was going to leave any mage that I had picked. I wasn't going to play this entire full game out on the video, but after I got in, started editing, started doing the voiceover and everything, it is gruesome to watch, it is not fun to watch, it is just straight up, like the poor guy can't do anything and it's not because he isn't good, it's just the matchup, it's just a horrible, horrible matchup and then they had that Murdoch jungle, it just doesn't work guys, it just doesn't work. A better howitzer player would have placed our mines a lot better than that, I could have used it to bopping back into my ultimate, I could have used the bopping ford right there instead of bopping him away, still getting used to it, I might start playing a little more howitzer just to get used to that mines that you think you could do, some pretty cool shit with it. There's Steel showed up in the lane, but I'm level 7 and I'm building Spirits Teardrop because I thought I was going to be poking a lot more in this game, Witch's Shoes I think is the better option for a first build on howitzer, it's just more damage and you get a little bit of movement speed and such, but yeah, I ended up going Spirits Teardrop, I had committed to it so why not finish it out, but then I will start building Witch's Shoes right after that.