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28 Feb 07

27 Principles of Negotiating

    • Basics to Keep in Mind

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      1. If you ask for something before a contract is signed, it's called
        “negotiating.” If you ask for something after a contract is signed, it's called
        “begging.” It's better to be a good negotiator than an expert beggar.



      2. From negotiator Chester Karras: “You don't get what you deserve, you get what
        you negotiate.”



      3. From motivational expert Zig Ziglar: “You can get anything in life, if you
        help enough other people get what they want.”



      4. Everything is negotiable, but everything has a price.



      5. Quoted prices are invitations to buy, but not statements of
        value.

Stocks plummet after sell off in China - New York Times

  • a correction is likely - ashleystar on 2007-02-28
  • One sign of the nature of the sell-off was what went up. United
    States Treasury
    prices soared, and yields fell, as some investors sought
    safety.
  • The sell-off left almost every major stock lower, including all 30 stocks in the
    Dow industrials and all but two in the S.& P. 500 and one in the Nasdaq 100.
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