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Share Market Myths

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Ramanand, working in a small office decides to start trading in shares, after hearing how a colleague had made a killing in a trade recently. He is trying very hard to meet ends every month from his meager salary, and hopes to earn some quick bucks from the share market. He opens an online trading and a demat account with the same company as that of his friend. On his friend’s tip he buys a small quantity of a stock, which according to his friend is ‘hot’ on news of a possible merger. He couldn’t believe his luck as the stock moved up steadily and within a week he has a tidy profit. He decides to buy some more and cashes in some fixed deposits to fill up his trading account. The stock has moved up quite a lot in a month and Ramanand has made a good profit on his very first trade. He knew now for sure that stock market is the right place for him. He buys another stock again on his friend’s recommendation, this time on a mission to make a quick killing in a day. It went down immediately after his purchase and closed the day below his buying price. He didn’t sell it off as his friend assured him that it’s a sure-shot tip. He hoped that it will surely go up the next day. But as luck could have it, the stock went further down the next day too. By the end of that week, Ramanand has lost not only the profit he made on his first trade but almost 80% of his initial investment. He is stuck now and didn’t know what to do. His friend has asked him to sell it off and to get on to another ‘hot’ stock, but he is ‘chicken’ now; too scared to do anything. He hopes to at least break-even and get his money back.

If the above story sounds familiar to you, then this article will help you to tread the right path in the share market. I’ll now throw some light on the myths that surrounds the glittering and dazzling world of share market. Here it is:

  • It is a gamblers’ den. Share market is not a place to gamble. It is a place to do business and like any business, you must have the right knowledge before trading in shares.
  • We can make a quick profit. Trading in shares and investing in shares is not the same thing. You must know the difference and then decide what you want to be; an investor or a trader or both.
  • One can play any market. Trading in different markets requires different skills and strategies. Trading in stocks is not the same thing as trading in options although the basic principles are same.
  • If a day-trading position doesn’t work out, I’ll carry it to the next day. If you decide to be a trader, know about the various trading styles. Know the difference between day-trading and swing-trading and adopt a style that fits your mentality. Be a specialist rather than “jack of all trades and master of none”.
  • Research Reports are good for dealing in share markets. Tips may work sometime, but not always. You cannot run a business on tips from a stranger who you hardly know and who knows you hardly. Worse the person giving a tip is not even accountable for it. Common sense says that a stock is bound to either rise or fall on a tip, as a large audience is acting on it. The stock will surely come back to normal prices after the audience has acted on the tip and the professionals seized the trading opportunity. So understand that you can never run your share trading business on tips.
  • I have learned Technical Analysis from a guru, so I cannot fail. Just knowing the fundamentals or technicals will not help in doing this business. Share trading is like playing a game and you must rehearse well and have a good practice.
  • I will trade everyday and earn everyday. You must have a trading plan involving a trading strategy, your mind and money management. You cannot earn everyday or in every trade or in every investment. However you can always lose everyday.
  • The market has gone against me today. When we lose a trade it’s very easy to blame others for it. We say that our internet connection was slow, the tip that we got didn’t work or our broker platform is clumsy. The real culprit for the loss is actually you yourself. You took the trade after all, isn’t it? The fight is not you versus others, but rather you versus yourself.
  • I have got this X ‘yantra’, specifically made for share market success. Luck plays a very small part in this game. Stones and armlets won’t help you to be a good trader. No astrologer can make you a successful trader.

These are some of the many myths surrounding a share market. It is like Hollywood/Bollywood where gossips are a way of life. For true success, a trader or an investor must know these myths first. This is what I feel should be the starting point to dealing in the share market.

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Chiropractic Care For Headaches

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Headaches are unpleasant whether frequent, infrequent or life-stopping like migraines. Nobody wants them. Most people suffering from headache turn toward pain relief medications. Though medications are effective in suppressing the symptoms, the headache keeps running its marathon in your head. I would recommend you to take a look at what could be causing your headache and not just mask the symptoms with medications.

You do not get rid of a weed by cutting of its branches or pulling out a few leaves; you uproot it! It’s the same with all bodily aches and pains associated with diseases and other causes. You have to treat the problem as a whole and avoid hacking aimlessly at the symptoms. This is the area of wellness expertise where chiropractic care stands out from other remedies for pain relief and specifically for headaches.

Understanding your headache: Types and triggers

Depending on whether your headache is caused by underlying medical conditions, a headache may be classified as primary or secondary headache.

Primary headaches are usually migraines, tension-generated headaches, cervicogenic (characterized by pain on the side of the head) and cluster headaches. 90-95% of all headaches are of the Primary kind. These are triggered by lifestyle disorders like stress and muscle tension in the neck, upper back and scalp, insomnia, blood sugar levels, constant bad posture and lack of proper movement and exercise.

Secondary headaches are only 5-10% of all headaches experienced by people. They are caused by underlying medical conditions like pressure on the brain or skull caused by tumors or head injury and sometimes infection. These are warning signals about other complications.

Chiropractic intervention for treatment of headaches

Chiropractors believe that:

– There is a dynamic relationship between lifestyle, environment and health.

– The intimate relationship of the centrally-located spine and the nervous system and the capacities of the human body.

– The human body has the ability to recuperate given the help to correct imbalances created by external or internal causes.

When patients present to my office for the treatment of headaches, I consider their medical history; ask about their lifestyle, typical daily activities, and diet.

I perform spinal adjustments, specifically in the neck region in the case of cervicogenic headaches, to relieve stress and improve spinal function. I also treat the surrounding muscles that attach on the spinal joints to take pressure off of the joints. Tension headaches also respond well to chiropractic adjustments.

General advice for a headache-free life

– Keep yourself well hydrated – drink lots of water, avoid diuretic drinks like alcohol, tea and coffee.

– Moderate exercise is good for everyone; aerobics or walking.

– Take stretching and movement breaks between sedentary working hours.

– Sleep well and eat non-inflammatory food.

Headaches are not normal. You do not have to live with them. With simple lifestyle changes and chiropractic routine you can look forward to a headache-free future. As more and more patients who approach chiropractors have discovered, drug therapy is accompanied by side effects over time and treats pain only at the symptom level. The underlying cause remains hidden and triggers recurring headaches.

Today’s surveys and national studies show that patients undergoing chiropractic treatment experience sustained reduction in frequency of headaches than those patients on drugs for the same.

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Athens Laboratory of Business Administration Business School

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Athens laboratory of business administration is a collaboration comprising of 85 large Greek conglomerates. The goal of Athens lab of business administration is to nurture a novel cohort of managers, from Greece, nevertheless similarly from other republics in the eastern Mediterranean, the Balkans and eastern Europe, proficient of functioning in a comprehensive milieu, and fortified with the indispensable skills for becoming managers and promoters of revolution and progress in the county. It does so by proposing an arduous postgraduate business edification of the premier intercontinental standards, reformed to the state of affairs of the underdeveloped parsimonies and civilizations nearby Greece. The Athens laboratory of profession administration functions below the patronages of the coalition of Greek productions, the Hellenic management association likewise the foremost directors’ association in Greece and the Athens chamber of commerce and industry. Athens laboratory of business administration was established in 1992 in Athens, Greece. Athens laboratory of business administration was the paramount non-state business school to be grounded in Greece. It has thrived in enticing subsidy from Greek firms and business professionals as well as has one awarded chair and two artistic professorships.

The chief educational efforts are being apprehended through its topmost superiority, extremely challenging theoretical programs: Athens laboratory of profession administration’s coaching faculty embraces a trivial nub of inhabitant and visiting professors hired from the leading business schools about the sphere, counting instead, London business school, Harvard business school, Wharton and stern school of business (nyu) etc. the entire faculty of Athens laboratory of business administration is demonstrating the management academics throughout the world, with wide-ranging teaching, research and referring experience and a robust periodical repute in high-level worldwide academic journals.

The Admission prerequisites encompass:

Applicants are requisite to hold the proficiency (proficiency of Cambridge or proficiency of Michigan) or proceeds the TOFEL (100 minimum score-Athens lab of business administration code 0942), or the IELTS (7.0 minimum score), except if bachelor’s degree has been conferred from an English academic institution. A least gmat score of 550 or gre score of 580 is probable (Athens lab of profession administration mba gmat code 3bm-38-74 and gre di code 0942) The Athens lab of business administration consents submissions the entire year & contenders are invigorated to smear as soon as possible. Conversely, applications acknowledged after the commencement of the program will not be appraised for the existing intake, but will undoubtedly be appraised for next year’s intake. Athens laboratory of business administration graduate business school at the American college of Greece maneuvers as a seminary, discloses students of any race, color and national or folkloric source, and does not distinguish in any of its programs.

For details contact:

• Address: Xenias 6, Athina 115 28, Greece

• Phone: +30 21 0896 4531

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How To Expand Your Family Law Practice: Ten Money Making Tips For Divorce Lawyers

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The divorce rate in the United States is likely to rise over the next five years due to the ten sociological trends that will be outlined below.

These changes will create an abundance of work and opportunities for family lawyers and matrimonial lawyers.

  1. In a bad economy, some people stay in bad relationships because they feel trapped. In short, they can not afford to leave their spouse. Today’s economy is quite strong. Home prices are rising and the stock market has been on the rise. Many people who are unhappy with their marriages can now afford to terminate these unfulfilling relationships.
  2. The opioid crisis, the heroin crisis, the increase in alcohol abuse will create a lot of familial stress and will contribute to marital disintegration in America. Interestingly, many private corporations are now investing in drug treatment center to profit from the increased need for these services.
  3. Domestic violence often coexists with addictions and substance abuse. Spouses in violent relationships will need to be protected by family lawyers and by the criminal justice system.
  4. The rising number of people who are addicted to pornography, video games and social media will continue to put a strain on marriages and on family life. Many clinicians and attorneys are seeing the impact of these kinds of addictions on marriages and on intimate relationships.
  5. Laws allowing same sex marriages create more relationships. More relationships means that there will also be more relationships which end in divorce.
  6. Internet dating has made it very easy to meet, to hook up with people and find another spouse. Consequently, people are not afraid of being alone and will not hesitate to remove themselves from an unhappy marriage.
  7. The public is now more aware of the value and utility of pre nuptial and post nuptial agreements. Attorneys will need to create more and more of these contracts.
  8. Infertility treatments are creating many complicated legal issues for couples. Who owns the fertilized eggs is merely one example of the kind of legal issues that this relatively new technology is generating for families and for their lawyers.
  9. The growth of mediation will simplify and shorten the divorce process and make it easier and less expensive to terminate a failing marriage. Consequently, more people will be likely to utilize the legal system to end their marriages.
  10. Similarly, collaborative divorce is gaining in popularity and is creating another viable route to divorce for some couples in America.
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How to Know When Scammers Are Calling

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  1. Mostly telephone sales calls are made by legitimate businesses promoting legitimate products or services.

    But where honest firms look for new customers, so do scammers. Phone fraud is a multi-billion dollar business involving the sale of everything from bad or nonexistent investments to the selling misrepresented products and services. If you have a telephone you are a prospect, becoming a victim is largely up to you.

  2. There is no way to determine positively if a sales call is legitimate simply by talking to someone on the phone.

    No matter what or how many questions you ask, skilled scammers have practiced answers. That’s why sales calls should be treated with caution. People or companies that are unknown to you should be checked out before you buy or invest. Legitimate callers have nothing to hide.

  3. Phone scammers are likely to know more about you than you realise.

    Depending on where they got your name in the first place, they may know your age and income, health and hobbies, occupation and marital status, education, the home you live in, what magazines you read, and whether you’ve bought by phone in the past.

    Even if your name came from the phone book, telephone con men (and women) assume that, like most people, you would be interested in having more income, that you’re receptive to a bargain, that you are basically sympathetic to people in need, and that you are reluctant to be discourteous to someone on the phone. As admirable as such characteristics may be, they help make the scammer’s job easier. Scammers also exploit less admirable characteristics, such as greed.

  4. Fraudulent telemarketers have one thing in common: They are skilled liars and experts at the verbal ‘snow job’. Their success depends on it. Many are coached to “say whatever it takes” by operators of the “boiler rooms” where they work at rows of phone desks making hundreds of repetitious calls, hour after hour. The first words uttered by most victims of phone fraud are, “the caller sounded so believable…”
  5. Perpetrators of phone fraud are extremely good at sounding as though they represent legitimate businesses.

    They offer investments, sell subscriptions, provide products for homes and offices, promote travel and vacation plans, describe employment opportunities, solicit donations,and the list goes on. Never assume you’ll “know a phone scare when you hear one.” Even if you’ve read stories of the kinds of schemes most commonly practiced, innovative scammers constantly devise new ones.

  6. The motto of telemarketer scammers is, “just give us a few good ‘mooches,'” one of the terms they use to describe their victims.

    Even though most victims are normally intelligent and prudent people, even the scammers express amazement at how many people “seem to keep their cheque books by the phone!” Sadly, some families part with savings they worked years to accumulate on the basis of little more than a 15-minute phone conversation — less time than they’d spend considering the purchase of a household appliance.

  7. The person who “initiates” the phone call may be you.

    It’s not uncommon for phone crooks to use direct mailings and advertise in reputable publications to encourage prospects to make the initial contact. It’s another way swindlers imitate the perfectly acceptable marketing practices of legitimate businesses. Thus, just because you may have written or phoned for “additional information” about an investment, product, or service doesn’t mean you should be any less cautious about buying by phone from someone you don’t know.

  8. Victims of a phone scam almost never get their money back — or, at best, no more than a few cents on the dollar.

    Despite efforts of law enforcement and regulatory agencies to provide what help they can to victims, scammers generally do the same thing other people do when they get money — they spend it!

  9. Before you call any number back you can do a quick reverse phone number lookup and have more information about the telemarketer than they have on you.

With broadband internet services and our cordless telephones, it is actually possible to run a background check with a reverse phone number lookup while the swindlers are still on the telephone to you.

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Business Plans – Your Roadway To Success

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Experts say that a strong business plan is one sure step in the direction of success. So, what is a business plan in the first place? It is defined as a document that outlines the functional and financial objectives of a business. It also contains details of the budget involved and the goals to be achieved.

Everything on earth is tending to become compact. Gone are those days when a sea beach was described in a thousand words. Today, a similar description is possible with a powerful visual and a string of strong adjectives in only a few words. A mobile phone today is slightly bigger than your thumb. Similarly, a business plan is no longer a document of a hundred pages. Nobody wants to know your business. They want to know your views, your goals, your objectives and your plan of action.

How Well Can A Business Plan Be Implemented?

o Simplicity of a business plan – is it understood by one and all? Are its views and objectives clear?

o Specificity of a business plan – are the contents measurable? Are all the activities dated (initiation to completion)? Are all the actions distributed among personnel clearly?

o Real nature of a business plan – are the objectives and targets real? Are the goals set within a specified time achievable?

o Totality of a business plan – is the plan complete? Does it have all the necessary elements to outline your business goals?

A business plan has multiple uses. It can be used to start a new business enterprise, take a loan or to find good investors. There are many other reasons for which you need a business plan. You should first find out why you need a business plan.

Why Do You Need A Business Plan?

o Outline objectives and set goals to achieve them

o Prepare regular business review outlines

o Start a new business enterprise

o Decide on a value on a business for sale and legal issues

o Outline agreements between business partners

If business plans are conceived for different purposes, there must be different business plans for different kinds of ventures. Business plans are also known as growth plans, internal plans, investment plans and so on and so forth.

If your business plan is for internal study and revision, there is no need of background details of your organization because you are already aware of them. You need to add that only if your business plans are meant for banks and other institutions.

What Are The Different Types Of Business Plans?

– The most basic of business plans are the start-up plans that clearly outline the steps for a new business venture. They include details of service provided or product offered, market value of the same, implementation strategies, market and financial analysis. The basic structure consists of a summary of the company, ending with details of financial transactions and expectations for the first year.

– An operational business plan contains details of dates, deadlines and milestones. It is often referred to as an internal business plan.

– A strategic business plan aims at higher levels of target and does not deal much with dates and deadlines. This business plan is more of future and growth oriented and focuses less on facts of the company.

– A growth or expansion business plan focuses more on one or more subset of the business. There are variations of this kind of business plan. If it is meant for a new investment, it will obviously include the background of the company.

– A feasibility business plan is your entire business in bulleted form. It includes the summary, the mission and the vision of the company, the USP of the business enterprise, expected financial outcomes etc. The main purpose of this business plan is to test whether this business is worth a venture at all.

The Seven Points Of Business Plans

Business plans usually cover the following 7 points. Of course, they will vary in detail, depending on the purpose of the business plan.

– Mission Statement – your business plan must explain clearly why you want to start a particular kind of business in the first place. It doesn’t have to be long, but it needs to convey the message clearly.

– Business Description – this is the place where you talk about your business. What is it that you are trying to sell or provide? What is the USP of your business?

– Goals in view – here, you describe both your short term and long term goals. Short term goals may include your plan to acquire office space, provide a proper business name, apply for a business license etc. Long term goals include answers to where you see your business ten years down the line, opening new stores etc.

– Prospective Customers – who is your target audience? Why will they need your service or product? How well do you understand their needs?

– Competition Analysis – this helps you rank your business venture in the market. Who are your competitors? If their focus area is too competitive, try for a niche market that is comparatively less competitive.

– Financial Considerations – be realistic and optimistic about your finances. Make sure to spend only that much with which you are sure to receive returns. Or else, go in for a small business loan till your business can take care of its own expenses.

– Marketing – sell your ideas before you sell your products. Advertise your products everywhere you can think of. Don’t miss out on both offline and online publicity. If you get a chance, exhibit your product or service at local communities and organizations.

Do’s And Don’ts Of Business Plans

Your business plan should:

a) Set concrete goals and deadlines

b) Distribute work among people and departments and set deadlines to achieve the goals

c) Maintain a steady ratio of implementation to strategy to 10:1

d) Provide a platform for regular review and discussion

Your business plan should not:

a) Display your knowledge about your field of expertise

b) Be too lengthy – people lose interest easily

Not all businessmen and women are good planners. It has often been seen that a business fails because of the lack of a good business plan. That is one of the cardinal mistakes for an entrepreneur.

Business Plan Mistakes

Experts have identified some common mistakes regarding business plans. They are:

– No business plan – many business ventures begin without any plan. Plans are written out in a rush only if the clients or banks or investors ask for the same. It is often seen as unnecessary because the business is more important. Imagine the condition of a house without a plan. You will get lost midway in heaps of concrete and steel. Similarly, you will get lost in ideas and desire to implement them.

– Cash is more important than profits – business is not the same as profits. Cash is the main player. Only if you have cash to spend in the beginning, will you get profits at the end of the day.

– Ideas don’t sell – your business sells because of hard work, perseverance, cash and a lot of common sense. Your idea does not have to brand new. Old wine is better than new ones. Why? People trust age and experience.

– Fear factor – a business plan is as necessary and as routine as making a travel plan. You don’t need to be Einstein to chalk out a business plan. You just need to think straight and pen your thoughts.

– Specificity wins – focus on tangible results, instead of trying to be the best. Results matter and they tell you everything.

– Fit all business plans – your business plan should work for bankers and investors as well as internal review and corrections. Don’t make individual business plans for individual purposes. Rather, concentrate on your business.

– Everything cannot be important – you can have only a few priorities. 20 priorities are vague and they clearly show lack of strategy and of goals.

A business plan is the first step of starting a business. It is neither easy nor difficult. What is a business plan about? How do you implement a business plan? What do you include in a business plan? What are the ‘must have’s’ and ‘have not’s’ of business plans?

Whether it is travel, study, cooking or any other activity involving a process, planning is usually the first step. The same holds true for business. Business plans are probably more important than the business itself. For example, the plan for a house is more important than the house itself, though it is the house that people remember and not the plan. But the house wouldn’t stand without the plan, would it?

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Medical Transcription? Outsourcing May Lower Costs and Improve Quality

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Want to organize physicians’ handwritten notes and prescriptions into electronic documents without spending a fortune? An outsourced medical transcription service is the perfect solution for you.

All medical institutions require computerization of medical notes for clean and compact record-keeping, insurance claims processing, quick reference, conferencing and various other reasons. Hospitals and clinics have long been hiring full time transcriptionists to do the same. But this is an expensive option and not the ideal solution if you have varying volume of transcription needs. Alternatively, you can give transcription duties to other clerical staff or use voice recognition software. But these solutions can be quite inaccurate, putting the health of your patients at stake. Your clerical staff may not be well trained for medical transcription and accuracy of voice recognition usually is too low to be useful. A medical transcription service gives you the best combination of expense, quality and accuracy.

How does a medical transcription service work?

  • Physicians dictate their notes into a recording device, usually a toll-free phone line or handheld digital recorder. Most medical transcription services support both these methods. Some services also accept recorded cassettes. Mp3 is the preferred sound format when using digital recorders, though other formats can also be used.
  • The recorded information is then sent to the medical transcription service provider. Information security during transfer is critical. Your patients’ personal information must not be leaked out at any cost. Digital recordings are submitted via the Internet. This can be done using a secure web site and file transfer protocol (FTP) using custom software from the provider, or even through encrypted email. In case of a toll-free line, the information is directly recorded on the providers’ servers.
  • The recorded notes are then transcribed and returned to the hospital or clinic. Information is usually returned as word files, though other formats like pdf can also be specified. Delivery methods include secure web sites, FTP, custom software, encrypted email and in some cases fax.

More comprehensive medical transcription services are also available. They offer an online system that stores both the audio files and transcripts, organizes them by date, doctor, or patient, and keeps track of progress as they are being transcribed. These services are more expensive but offer substantial management benefits.

Important Considerations

Accuracy: The returned work must have accuracy close to 100 per cent. Select a medical transcription service that employs experienced and skilled medical transcriptionists and quality assurance professionals who review the transcriptions before delivering them to you. Your doctors should review and evaluate each transcript on delivery to prevent any damage to your patients’ health and well-being.

Turnaround Time: It refers to the maximum time within which medical transcripts will be delivered to you after submitting the audio recordings. Most medical transcription services offer a turnaround time of 24 to 48 hours. Most also include a STAT service that allows you to specify a turnaround time of one-, two- or four-hours at an additional cost. Different types of notes can have different turnaround times.

Security: Medical transcription services are subject to HIPAA rules about patient confidentiality. The industry standard for internet security is 128-bit SSL security. Physical security at the provider location is also important. Careful employee screening and tracking is essential. Audit trails can assist in tracking employees. An audit trail keeps track of each individual who accesses a given set of notes and the modifications they make.

Sound Quality: Good quality of sound recording is essential for performance. Digital handheld recorders provide better sound, though they carry an additional hardware cost. Some medical transcription services charge lower prices if you provide them with better quality recordings.

Location of Service: Many medical transcription services use both domestic and international transcriptionists. There is generally no difference in quality and accuracy between the domestic and outsourced services. Having transcription teams all around the world enables the service providers to meet deadlines. You will most like pay more for service if you insist on using medical transcriptionists located in a developed country like the US.

How much will you have to pay?

You are charged per line of text. The industry standard is 65 characters in a single line including spaces. Some service providers however, include lesser number of characters in a single line. Price usually ranges from $.05 to $.20 per line. Before you hire a vendor, compare price quote from multiple medical transcription services at a B2B Marketplace. Also ask your friends and other doctors for recommendations.

Most medical transcription service providers offer free trial runs. Carefully assess the providers’ ability to meet deadlines, the accuracy of transcripts, and ease of interaction with their customer service representatives during the trial run. Many providers assign a dedicated team of transcriptionists for long term contracts and also offer lower prices. Carefully evaluate your requirements, the providers and the available services before making a decision.

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