Moondrag and Leap Seconds
It seems that millions of years ago
a day was 22 hours long
but of course, we know
there weren't writers then
to put that into song.
Now most things are very much clearer
if less spiritual, and more lowly.
In our currently non-romantic era,
it isn't love dropped down from above
that makes the earth move more slowly.
Instead, it is "moon drag",
due to gravitational effects of the moon
and not a lover's swoon,
that really makes time lag.
And since millions of trades now pour like rain,
market regulators must be carefully aware,
for it could also affect the price of a stock share
when even one second goes down a drain.
hzl
6/29/15
In the news
.
Moonglow - Benny Goodman - YouTube
www.youtube.com/watch?v=4cq8ZGnfUN4
Feb 1, 2011 - Uploaded by Ethan J Symonds
Moonglow by Benny Goodman "It must have been moonglow, way up ... I just love it, wonderfull, peaceful, magic full of soul and spirit, chill song.MOONGLOW by Ella Rose - YouTube
www.youtube.com/watch?v=8NFtxqalaKI
Dec 21, 2008 - Uploaded by alifoeroe67
It must have been Moonglow,Way up in the blue,It must have been Moonglow,
On June 30, time will stand still.
Just for a second -- a leap second.
Since 1967, when clocks went atomic, human timekeeping has been independent of the earth’s rotation. The problem is, the planet is slowing down and clocks are not. So every few years, to get everything back in sync, scientists add a second. They’ve done it 25 times since 1972. The last time was 2012, but that was on a weekend. June 30 will be the first leap second during trading hours since markets went electronic.
It’s scheduled for 8 p.m. in New York, just when markets in Asia are opening, and exchanges around the world are taking no chances. U.S. stock markets are ending some after-hours trading early and others from Sydney to Tokyo are recalibrating their clocks ahead of time. Trading firms also have to be prepared, said Greg Wood, president of the Futures Industry Association’s division that oversees market technology.
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