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"The ability not to trade is as important as trading ability," says Todd Harrison, founder and CEO of Minyanville.com, who is keeping a lot of "dry powder" right now.In fact, Harrison is 100% cash in his long-term portfolio, based on a
Read Pro Trader Harrison: Why My Long-Term Account Is 100 Percent Cash (Links)
"Phase One" is ending but the credit crunch is just beginning, says Todd Harrison, founder and CEO of Minyanville.com.The media and many traders are now
Read Market Turmoil: What's Next to Crack? (Links)
After Thursday's rout and subsequent selloff in Asia overnight, U.S. stocks were heading south again after a brief rally Friday morning.Clearly, the market remains in a very tenuous state and
Read 'Dangling on the Side of a Cliff': Will S&P Follow Tumbling Banks? (Links)
As Microsoft chairman Bill Gates gets ready to leave his day-to-day role at the software giant, the press has spent much of this week rehashing the company's ups and downs and pondering what this big change means. But is it a big change? Steve Ballmer, af
Read Should Steve Ballmer Be the One Quitting Today? (Links)
It has been a months-long courtship between Microsoft's Steve Ballmer and Yahoo! In the latest chapter of the tech saga, YHOO announced a reorganization of its top bench, creating three new units under Sue Decker. Tempting as it may be, advice to Ballmer:
Read How Ballmer Bungled the Microsoft-Yahoo Deal (Links)
From paidContent.org, June 26, 2008: (with David Kaplan) Yahoo's (NSDQ: YHOO) new U.S. head Hilary Schneider and her new direct report Scott Moore spent some time on the phone with paidContent this afternoon in full it's-all-good mode as they exp
Read Interview: Yahoo's Schneider And Moore On Reorg: 'The Changes Are Larger Than Any One Individual' (Links)
From paidContent.org, June 26, 2008:Updated(with David Kaplan) Yahoo?s (NSDQ: YHOO) new U.S. ...
Read Interview: Yahoo's Schneider, Moore on Reorg: 'The Changes Are Larger Than Any One Individual' (Links)
Stocks plunged Thursday amid disappointing earnings, renewing "credit crunch" concerns and yet another spike in crude prices.The Dow fell nearly 360 points to 11,453, its lowest level since September 2006. The S&P lost 2.9% to 1283.15 and is
Read Bears on Parade: $140 Oil, Goldman Downgrades, Weak Earnings Crush Stocks (Links)
From paidContent.org, June 26, 2008:As had been anticipated, Yahoo (NSDQ: YHOO) has announced yet another reorganization. ...
Read Yahoo's Latest Reorg Is Official: Three New Teams Reporting to Decker with Schneider Heading U.S. (Links)
The challenges facing baby boomers as they head toward retirement are well known: Low (or no) savings, end of corporate pensions, the need to care for aging parents, concerns about the viability of Social Security, etc.But what about the boomers' kids and
Read 'Save Now or Die Trying': Retirement Advice from the Pension Princess (Links)
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