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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: nextrade! who wrote (18112)7/7/2010 9:23:31 AM
From: Eric P  Read Replies (1) | Respond to of 18137
 
Evolve or die.

Reminds me of when the hybrid system was being implemented by year-end a few years back. The floor traders and specialists were saying that HYBRID was an acronym for "Have Your Bags Ready In December"

That said, trading is a very difficult business, and the fact that a trading firm is laying off 15% of their traders should probably not be a surprise in struggling times. Specialist firms have laid off probably 60% of their collective employees over the past five years.