FOX Translator
No data currently available.
No data currently available.
Sounds kind of dirty, right? Actually, it's because of a clean visual that technical analysts use this term. Technical analysts like charts (hence their nickname of "chartists"), and they like to give certain patterns they see neat little names.
Such is the case with the double bottom, which looks on a chart like, well, a double bottom. Think of three mountains (on a chart reflecting a rise in values) separated by two valleys (representing dips in value). The troughs of the valleys, and the size of the first two peaks, are generally the same, so the chart looks like the letter 'W.' The appearance of those two valleys represents a double bottom.
So what? Well, if you're one of those folks who believes in the power of the charts, seeing a double bottom suggests a long-term trend is about to reverse. So, if a stock chart shows shares falling for several months, then seeing a double bottom, chances are good (according to the chartists) that the shares will rise. And vice versa.
But, beware: charts can be a great tool, but they're more art than science. Use any charts with caution.
Home
Friday, July 25, 2008
Northwest Airlines Adds PayPal Pay Later
Comtex
EAGAN, Minn., Jul 25, 2008 (BUSINESS WIRE) ----Northwest Airlines (NYSE:NWA) and PayPal are making booking summer travel easier by giving passengers the ability to book flights now and pay for them later with PayPal's promotional financing service, PayPal Pay Later. As part of the introductory financing option, customers can buy tickets on nwa.com and defer payments for 90 days, allowing them to complete their payments on a timeline that works best for their budgets.
"PayPal has already demonstrated its value to our customers, providing a safe and easy way to pay for tickets online," said Al Lenza, Northwest Airlines vice president, distribution and e-commerce. "Adding PayPal Pay Later gives our customers even more flexibility when paying for their next trip on Northwest Airlines."
Northwest customers can use PayPal Pay Later even if they don't have PayPal accounts. The streamlined application can be completed in 30 seconds and provides qualified travelers with instant access to credit.
Northwest Airlines has been offering PayPal as an online payment option since June 2007.
"Northwest Airlines was the first airline to accept PayPal payments, and now it's also the first to accept PayPal Pay Later," said Mary Anne Gillespie, vice president of sales at PayPal. "We are excited to expand Northwest Airlines' payment options and offer their customers the security and convenience of PayPal Pay Later."
About PayPal
PayPal is the safer, easier way to pay and get paid online. The service allows anyone to pay without sharing financial information and gives consumers the flexibility to pay in any way they prefer, including through credit cards, bank accounts or account balances. With more than 63 million active accounts in 190 markets and 19 currencies around the world, PayPal enables global ecommerce. PayPal is an eBay company (NASDAQ: EBAY). More information about the company can be found at https://www.paypal.com.
About Northwest Airlines
Northwest Airlines is one of the world's largest airlines with hubs at Detroit, Minneapolis/St. Paul, Memphis, Tokyo and Amsterdam. Northwest, with its regional partners, operates approximately 2,400 daily departures. Northwest is a member of SkyTeam, an airline alliance that offers customers one of the world's most extensive global networks. Northwest and its travel partners serve more than 1,000 cities in excess of 160 countries on six continents.
SOURCE: Northwest Airlines
Northwest Airlines
Copyright Business Wire 2008
Market Snapshot
| Symbol | Last Price | Netchange | Volume |
|---|---|---|---|
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
