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What are the effects of buying stocks on margin With maximum leverage, any movement in the stock is magnified 10-fold So a 1% rise in stock would produce a 10% return on investment Throughout the bubbly 1920s people focused on the ability of leverage to increase returns Groucho found out that leverage works to dramatically decrease returns in a down market A 1% decline in a fully margined account leads to a 10% loss on investment More important, a mere 10% decline leads to total wipeout a 100% loss As Groucho s stocks declined in 1929 he did what he could to avoid selling into a dropping market He put up additional cash, and he borrowed money to provide margin for his stocks In the end, he lost every penny.



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updListener = new PriceUpdateListener; topicSubsetMessageListener(updListener);

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Leverage was financial disaster for Groucho Marx (fortunately for him, he was able to recover through making successful movies after he went bankrupt) Groucho s decision to margin stocks also hurt other investors At the market top, Marx owned a lot of stock Once he was bankrupted he owned none he was forced to liquidate his holdings as the market declined In a leveraged market, price declines put owners in financial distress as they are forced to liquidate The liquidation puts further selling pres-.





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Synchronous Subscription Processing One of the benefits of the pub/sub model is that we can use either a synchronous or an asynchronous approach to message consumption In the PTP model, there's no choice queue consumers are always synchronous with respect to the message queue To make a subscriber in the pub/sub model synchronous with message availability, we simply block, waiting for the next message via the receive() method on the subscriber:

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v [ cm-I)

Message m = topicSubreceive();

Some options require an additional parameter value. In these situations, the command line looks something like this:

The receive() method also accepts a parameter that allows it to time-out after a specified number of milliseconds With no parameters, as in the preceding example, the subscriber simply blocks until the next message arrives

.

We now present the derivation of the general formulas for the average LCR of GSC over non-i.i.d. diversity branches and then i.i.d. diversity branches.

As you might have inferred, the subscriber listener is where the real asynchronous client postprocessing is done For example, in the listener code we can either process the update directly via JDBC or connect to an existing client application that performs this same update Similarly, for the producer we can have another application interface with the message-publishing code or simply integrate this code into that application Clearly, the messaging code isn't lengthy, yet it provides a simple means for application integration To deploy our Red Planet pub/sub application, then, all we need to do is

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