Quotes of the Day

The way I like to trade a scheduled report is by looking at how the market reacts just a few minutes before the release of scheduled news. Whichever direction it’s moving in is what the consensus is thinking. Many times the initial response after the announcement is a spike upward which quickly retraces, sometimes to keep going lower and sometimes to come back and rally. The best thing to do in these situations is to sit back, wait until the market picks a clear direction and the noise settles. Once the market has picked its direction, there is still a lot of room to make money. [2003] - Marcel Link

As a salesperson, you can learn how to describe your products' features (knowledge), you can even learn how to ask the right open-ended questions to elicit each prospect's needs (a skill), but you'll never learn how to push that prospect to commit at exactly the right moment and in exactly the right way. These are talents. [2005] - Marcus Buckingham

Many sales are delayed far longer than they need to be because salespeople are reluctant to ask for the order and bring the transaction to a close. [2004] - Brian Tracy

For security, each new purchase should not exceed 15 percent of what you own at the time of the purchase, which means if you own 40 units it's probably safe to buy a 6-unit property. [2004] - Mike Summey

When saying goodnight, you might: 1) Add, "I had a really great time. Do you want to get together net week?" 2) Call her at home the next day to say thanks for the date and invite her for another. 3) Once you're home, call and leave a message on his machine to say thanks and that you're looking forward to going out again sometime--it'll be the first thing he hears when get gets home. [2004] - Bonnie Jacobson