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Daily Archives: April 16, 2012

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Having A Bad Day?

Trading ResourcesBy Chris TateApril 16, 20125 Comments

If anyone is having a bad day, remember that today in 1976 Ronald Wayne sold his 10% stake in Apple for $800.  It would now be worth $58,065,210,000.  

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Sony Is Stuffed….And So Is Japan…Maybe

EconomyBy Chris TateApril 16, 2012

I can across this piece in the NY Times technology section. Essentially it posits that Sony is rooted and by extension so is Japan in terms of its leadership in consumer technology. Some call outs that caught my eye – In fact, it is in a fight for its life — a development that exemplifies the…

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A Lesson In Liquidity

Trading PsychologyBy Chris TateApril 16, 2012

A client called his broker inquiring about egg futures and is quoted a price of 25 cents per contract. Having a hunch about the egg market he buys 100 contracts. A week later he calls his broker to get a quote. Pleased to learn that the price of eggs has risen to 35 cents he…

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