Once again the S&P 500 is testing resistance at the 2,400 level after gapping up over the past three days...
Ask your friends who don't believe in 'technicals' to explain this phenomenon with fundamental analysis. Please let me know what they say. I've had a rough day and could use a good laugh.
Roger Moore, the handsome English actor who appeared in seven films as James Bond and as Simon Templar on “The Saint” TV series, has died in Switzerland after a short battle with cancer. He was 89.
The martini is a cocktail made with GIN - NOT VODKA, and vermouth, and garnished with an olive or a lemon twist. Over the years, the martini has become one of the best-known mixed alcoholic beverages. H. L. Mencken called the martini "the only American invention as perfect as the sonnet" and E. B. White called it "the elixir of quietude".
By 1922 the Martini reached its most recognizable form in which London dry gin and dry vermouth are combined at a ratio of 2:1, stirred in a mixing glass with ice cubes, with the optional addition of orange or aromatic bitters, then strained into a chilled cocktail glass. Over time the generally expected garnish became the drinker's choice of a green olive or a twist of lemon peel.
A dry Martini is made with dry, white vermouth. By the Roaring Twenties, it became common to ask for them. Over the course of the century, the amount of vermouth steadily dropped. During the 1930s the ratio was 3:1, and during the 1940s the ratio was 4:1. During the latter part of the 20th century, 6:1, 8:1, 12:1, 15:1 (the "Montgomery", after British Field Marshal Bernard Montgomery's supposed penchant for attacking only when in possession of great numerical superiority), or even 50:1 or 100:1 Martinis became considered the norm.
A dirty Martini contains a splash of olive brine or olive juice and is typically garnished with an olive.
A perfect Martini uses equal amounts of sweet and dry vermouth.
Some Martinis were prepared by filling a cocktail glass with gin, then rubbing a finger of vermouth along the rim. There are those who advocated the elimination of vermouth altogether. According to Noël Coward, "A perfect Martini should be made by filling a glass with gin, then waving it in the general direction of Italy," Italy being a major producer of vermouth] Luis Buñuel used the dry Martini as part of his creative process, regularly using it to sustain "a reverie in a bar". He offers his own recipe, involving Angostura bitters, in his memoir.
In 1966, the American Standards Association (ASA) released K100.1-1966, "Safety Code and Requirements for Dry Martinis," a tongue-in-cheek account of how to make a "standard" dry martini. The latest revision of this document, K100.1-1974, was published by American National Standards Institute (ANSI), the successor to ASA, though it is no longer an active standard.[
There are a number of variations on the traditional Martini. The fictional spy James Bond sometimes asked for his vodka Martinis to be "shaken, not stirred," following Harry Craddock's The Savoy Cocktail Book (1930), which prescribes shaking for all its Martini recipes. The proper name for a shaken Martini is a Bradford. However, Somerset Maugham is often quoted as saying that "a Martini should always be stirred, not shaken, so that the molecules lie sensuously on top of one another. A Martini may also be served on the rocks, that is, with the ingredients poured over ice cubes and served in an Old-Fashioned glass.