More trading opportunity ahead: Morgan Stanley is planning to hire as many as 400 traders and salespeople!
By Daniel at 21 August, 2009, 1:15 am
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Before you jump into market, answer this question, “what do you think how traders take money from you(the market)?
Wall Street Jokes: “Don’t try to buy at the bottom and sell at the top. It can’t be done except by liars.”, Bernard Baruch (1870-1965) financier & economist
“About half have already been hired to work across sales and trading, a source familiar with the plan said. Morgan Stanley wants the workers for its foreign exchange, emerging markets and equity derivatives businesses, the source said.
The hirings come after Morgan Stanley reported a second-quarter loss, while longtime rival Goldman Sachs Group Inc (GS.N) reported strong earnings.”
http://news.yahoo.com/s/nm/20090820/bs_nm/us_morganstanley_hires;_ylt=Aufi0z9ZDR2mtsE6qwuCaM10fNdF
Good investing
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