Quotes of the Day

When the indicator is in the overbought-oversold area, a trader should start thinking about taking profits or scaling out of a piece of the position if he is already in the market. If he is looking to get into the market, he should use the overbought area as a place to wait for a retracement.  [2003] - Marcel Link

Although some detractors may deem Elliott Wave analysis as too subjective to be consistently effective, the fact that scores of successful traders have long abided by the tenets of this theory makes this a trading methodology that should not be ignored by traders. [2009] - James Chen

If your business is successful, when selling the business you can claim up to $750,000 as capital gains exemption, which moves that amount into your personal hands without tax ramifications. If you are doubly fortunate in that your marriage survived the venture and your wife was a partner in it, you can double that $750,000 to $1.5 million. [2008] - Dwayne Daku

We allow lean beef twice a month, but still prohibit fatty beef, lamb, and bacon. [2015] - Jamie Koufman

Invent several options all equally acceptable to you and ask the other side which one they prefer. You want to know what is preferable, not necessarily what is acceptable. You can then take that option, work with it some more, and again present two or more variants, asking which one they prefer. [1991] - Roger Fisher