Quotes of the Day

Make an offer that is crazily low. It usually brings a startled response from the other party. You then say, "Well, what did you have in mind?" Psychologically, the vendor will choose a figure closer to his or her bottom line because he or she will try to minimize the difference between the two numbers. A word of caution: don't use this technique unless your relationship is quite strong. This tactic can cause anger in the other party; you could lose face in the negotiation and the vendor may outright refuse to negotiate with you. [2009] - Don R. Campbell

Yellow Pages marketing and classified advertisements hit the very hottest of prospects. Brochures offer the greatest opportunity to go into detail about your product or service. Public relations, which encompasses community relations, publicity, and memberships in clubs and organizations, is a marketing method that should be seriously considered. [1998] - Jay Conrad Levinson

A primary trend lasts the longest period of time, and its lifespan may range between eight months and two years. An intermediate trend could last from a month to as long as eight months. A short-term trend can last for a few days to as long as a month. Day traders are concerned with spotting and identifying short-term trends. [2007] - Grace Cheng

I have found that certain currency pairs among the majors tend to respond better than others when it comes to trading major news releases. Out of the four majors, EUR/USD, USD/CHF and GBP/USD tend to be better candidates than USD/JPY as the European markets are normally still open during the time of US news releases. GBP/USD moved the most in terms of pips with a 60-pip move; USD/CHF and the EUR/USD moved nearly the same amount with a move of 45 pips, and the USD/JPY moved the least with a move of 30 pips. [2007] - Grace Cheng

If you have someone choose a number between one and ten randomly, seventy percent of the time-especially if you rush their decision-that number will be seven. [2005] - Neil Strauss