Dow falls 203, but rally has survived other dips

Traders work on the floor at the New York Stock Exchange in New York, Tuesday, March 6, 2012. Stocks in the U.S. are down more than 1 percent at the opening bell, following similar declines in Europe. (AP Photo/Seth Wenig)

Traders work on the floor at the New York Stock Exchange in New York, Tuesday, March 6, 2012. Stocks in the U.S. are down more than 1 percent at the opening bell, following similar declines in Europe. (AP Photo/Seth Wenig)

A trader gestures on the floor at the New York Stock Exchange in New York, Tuesday, March 6, 2012. Stocks in the U.S. are down more than 1 percent at the opening bell, following similar declines in Europe. (AP Photo/Seth Wenig)

Traders work on the floor at the New York Stock Exchange in New York, Tuesday, March 6, 2012. Stocks in the U.S. are down more than 1 percent at the opening bell, following similar declines in Europe. (AP Photo/Seth Wenig)

Traders work on the floor at the New York Stock Exchange in New York, Tuesday, March 6, 2012. Stocks in the U.S. are down more than 1 percent at the opening bell, following similar declines in Europe. (AP Photo/Seth Wenig)

Is the stock market rally of 2012 already over?

Nobody knows. But investors might be glad to know that the strong gain in stocks that began last Oct. 4 has survived six other 200-point drops in the Dow Jones industrial average like the one investors endured Tuesday.

On Nov. 21, the Dow fell 248 points after a congressional committee failed to reach a deal to reduce federal spending. Two days later, it fell 236 points because of worries about the European debt crisis.

But the Dow is still up almost 20 percent since its close on Oct. 3, 2011, and 4.4 percent this year ? even after Tuesday's sell-off, driven by concerns about Europe and slower economic growth in China.

"We had one pullback," said Frank Fantozzi, CEO of Planned Financial Services, a Cleveland wealth management firm. "I think it's not indicative of anything, that all the sudden we're going to jump off a cliff, or that the market is going to go in a different direction."

The Standard & Poor's 500 index, a broader measure of the market than the Dow, is ahead 6.8 percent for the year.

Wall Street's gains since October have been built on an improving economy in the U.S. Just last week, the Dow closed above 13,000 for the first time since May 2008.

Even before Tuesday, sentiment was growing that stock buyers might have gotten ahead of themselves. The thinking was that stock prices are already assuming a U.S. recovery, while the risk of a European recession and a default in Greece were downplayed.

So Tuesday was a step back. The Dow Jones industrial average fell 203.66 points, closing at 12,759.15. It gave up more than a quarter of its 745-point advance since Jan. 1, the best start to a year in the U.S. market since 1998.

The sell-off, which spread west from Europe, also interrupted a period of unusual calm on Wall Street. Before Tuesday, the Dow had not fallen 100 points for 45 straight trading sessions, the longest streak since 2006.

"When things go straight up and don't ever correct or have some sort of normal pullback, as an investor, that makes me nervous," said Ed Hyland, a global investment specialist with J.P. Morgan Private Bank.

Stocks fell sharply from the opening bell and never mounted a serious comeback. The Dow was down as much as 227 points. All but one of the 30 stocks in the average finished the day lower. Intel managed a gain of 7 cents.

All 10 industry groups in the Standard & Poor's 500 declined. Bank stocks, which typically take a hit when there is any reason to worry about Greece, led the declines, followed by industrial and materials companies, which depend on strength in the world economy.

Alcoa, which makes aluminum and depends heavily on world economic demand, fell 4.1 percent, the worst of the Dow 30. China revised its projection for economic growth on Monday to 7.5 percent this year, down from 8 percent.

The Standard & Poor's 500 index fell 20.97 points, its worst decline since Dec. 8, to 1,343.36. The S&P had not declined 1 percent or more for 45 straight trading days, also the longest streak since 2006. That year, the S&P put together 94 in a row.

The Nasdaq composite index dropped 40.16 points to 2,910.32. The Nasdaq last week broke through 3,000 for the first time since December 2000, during the collapse in dot-com stocks.

Last year, sell-offs like this were much more common. The S&P fell by at least 1 percent on 48 trading days, roughly one in every five. During the depths of the financial crisis in the last four months of 2008, it happened roughly one in every three days.

Stocks fell more than 3 percent Tuesday in Germany, Spain and France, and 1.9 percent in Britain. Greece stepped up pressure on private investors to swap their Greek government bonds for replacements with a lower face value and interest rate. The deadline is Thursday.

The swap is vital for Greece to cut its debt and get a bailout of $172 billion. Without it, Greece could default later this month and rattle markets around the world.

The price of oil slipped $2.02 to $104.70 per barrel on the New York Mercantile Exchange. New York crude has risen from $96 last month amid fears of a disruption in global oil supplies driven by the potential for military conflict with Iran.

President Barack Obama said diplomacy can still resolve the crisis over Iran's possible pursuit of nuclear weapons and accused his Republican critics of "beating the drums of war." Iran dominated Obama's first news conference of the year.

The price of gold fell $31.80 per ounce, or 2.1 percent, to $1,672.10 per ounce. Silver, platinum and copper all fell more than 2 percent because of concerns about Europe and weaker economic demand in China.

"Global growth fears now are hitting home, and we're seeing selling across the board," said Matt Zeman, a market analyst for Kingsview Financial.

Yields on U.S. government debt also fell as investors moved their money into what they perceive to be a safer asset. The yield on the benchmark 10-year Treasury note fell to 1.96 percent from 2.01 percent late Monday. Bond yields fall when their prices rise.

Among stocks making big moves:

? Weight loss company Nutrisystem Inc. fell 10.9 percent after it reported a bigger-than-expected fourth-quarter loss and a disappointing outlook.

? General Motors fell 5.5 percent after saying it will pay ?304 million, or $402 million, for a 7 percent stake in Peugeot, which will make it the French carmaker's second-largest shareholder after the Peugeot family.

? VeriFone Systems Inc. rose 7.9 percent after the maker of electronic payment systems predicted a bigger-than-expected 2012 profit.

? Apple fell 0.5 percent one day before the expected release of its iPad 3 tablet computer.

___

AP Business Writer Sandy Shore contributed to this story.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-03-07-US-Wall-Street/id-480f3ea24b9d46868222def9933987ce

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Day Trading Trend Following Retracement Example with Apple ...

Here is todays Trend Following Retracement Example for Day traders with Apple Stock

Trend following is not for everyone. There are always draw downs and periods of time that profits are more than elusive.

If you are interested in adding the trend following element to your portfolio?I invite you to be one of my students.

Learn How to Trend Follow from a Professional Trader 18 years experience

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Risk Disclaimer

THE RISK OF LOSS IN TRADING COMMODITIES CAN BE SUBSTANTIAL. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. IN CONSIDERING WHETHER TO TRADE OR TO AUTHORIZE SOMEONE ELSE TO TRADE FOR YOU, YOU SHOULD BE AWARE OF THE FOLLOWING: IF YOU PURCHASE A COMMODITY OPTION YOU MAY SUSTAIN A TOTAL LOSS OF THE PREMIUM AND OF ALL TRANSACTION COSTS. IF YOU PURCHASE OR SELL A COMMODITY FUTURE OR SELL A COMMODITY OPTION YOU MAY SUSTAIN A TOTAL LOSS OF THE INITIAL MARGIN FUNDS AND ANY ADDITIONAL FUNDS THAT YOU DEPOSIT WITH YOUR BROKER TO ESTABLISH OR MAINTAIN YOUR POSITION. IF THE MARKET MOVES AGAINST YOUR POSITION, YOU MAY BE CALLED UPON BY YOUR BROKER TO DEPOSIT A SUBSTANTIAL AMOUNT OF ADDITIONAL MARGIN FUNDS, ON SHORT NOTICE, IN ORDER TO MAINTAIN YOUR POSITION. IF YOU DO NOT PROVIDE THE REQUIRED FUNDS WITHIN THE PRESCRIBED TIME, YOUR POSITION MAY BE LIQUIDATED AT A LOSS, AND YOU WILL BE LIABLE FOR ANY RESULTING DEFICIT IN YOUR ACCOUNT. UNDER CERTAIN MARKET CONDITIONS, YOU MAY FIND IT DIFFICULT OR IMPOSSIBLE TO LIQUIDATE A POSITION. THIS CAN OCCUR, FOR EXAMPLE, WHEN THE MARKET MAKES A ?LIMIT MOVE?. THE PLACEMENT OF CONTINGENT ORDERS BY YOU OR YOUR TRADING ADVISOR, SUCH AS A ?STOP LOSS? OR ?STOP LIMIT? ORDER, WILL NOT NECESSARILY LIMIT YOUR LOSSES TO THE INTENDED AMOUNTS, SINCE MARKET CONDITIONS MAY MAKE IT IMPOSSIBLE TO EXECUTE SUCH ORDERS. A ?SPREAD? POSITION MAY NOT BE LESS RISKY THAN A SIMPLE ?LONG? OR ?SHORT? POSITION. THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN COMMODITY TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS. IN SOME CASES, MANAGED COMMODITY ACCOUNTS ARE SUBJECT TO SUBSTANTIAL CHARGES FOR MANAGEMENT AND ADVISORY FEES. IT MAY BE NECESSARY FOR THOSE ACCOUNTS THAT ARE SUBJECT TO THESE CHARGES TO MAKE SUBSTANTIAL TRADING PROFITS TO AVOID DEPLETION OR EXHAUSTION OF THEIR ASSETS. THIS BRIEF STATEMENT CANNOT DISCLOSE ALL THE RISKS AND OTHER SIGNIFICANT ASPECTS OF THE COMMODITY MARKETS.
YOU SHOULD ALSO BE AWARE THAT THIS COMMODITY TRADING ADVISOR MAY ENGAGE IN TRADING FOREIGN FUTURES OR OPTIONS CONTRACTS. TRANSACTIONS ON MARKETS LOCATED OUTSIDE THE UNITED STATES, INCLUDING MARKETS FORMALLY LINKED TO A UNITED STATES MARKET MAY BE SUBJECT TO REGULATIONS WHICH OFFER DIFFERENT OR DIMINISHED PROTECTION. FURTHER, UNITED STATES REGULATORY AUTHORITIES MAY BE UNABLE TO COMPEL THE ENFORCEMENT OF THE RULES OF REGULATORY AUTHORITIES OR MARKETS IN NON-UNITED STATES JURISDICTIONS WHERE YOUR TRANSACTIONS MAY BE EFFECTED. BEFORE YOU TRADE YOU SHOULD INQUIRE ABOUT ANY RULES RELEVANT TO YOUR PARTICULAR CONTEMPLATED TRANSACTIONS AND ASK THE FIRM WITH WHICH YOU INTEND TO TRADE FOR DETAILS ABOUT THE TYPES OF REDRESS AVAILABLE IN BOTH YOUR LOCAL AND OTHER RELEVANT JURISDICTIONS. THIS COMMODITY TRADING ADVISOR IS PROHIBITED BY LAW FROM ACCEPTING FUNDS IN THE TRADING ADVISOR?S NAME FROM A CLIENT FOR TRADING COMMODITY INTERESTS. YOU MUST PLACE ALL FUNDS FOR TRADING IN THESE TRADING PROGRAMS DIRECTLY WITH A FUTURES COMMISSION MERCHANT.
Trading futures and options involves substantial risk of loss no matter who is managing your money and is not suitable for all investors.
Past performance is not necessarily indicative of future results.

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Read the original post: Day Trading Trend Following Retracement Example with Apple

Source: http://www.aftermissjulie.com/day-trading-trend-following-retracement-example-with-apple/

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Wildwood Real Estate | Wildwood Rentals ? Tips To Consider ...

There are many reasons that people purchase property in today?s marketplace. Whether it?s to start a new life or a new career, buying property is a popular move. More and more people realize the importance of being able to buy their property without being subjected to any loan scams or other money-losing propositions. If real estate is something that interests you, there is no better time than right now to learn more! Some advice for getting into real estate is right here for you.

  • Prioritize your wants and needs when hammering out a real estate purchase. Make sure you know all of your issues, and set the expectations for every one of them. Establish your priorities and let those be your guide in negotiations. Keep in mind that you cannot get all that you have asked for in the negotiation; some issues should remain flexible.
  • Know the types of houses that are in the neighborhood that you are interested in. This is essential, because you might not want to buy the best and biggest home there. If you do, your own home?s value will be reduced because of the lower value of other homes in the area.
  • If you are recruiting an appraiser to help with your real estate decisions, be sure they are experienced. Don?t ask a real estate agent to refer an appraiser to you or accept a recommendation from your real estate agent. Conflict of interest may exist in that situation. Be certain the appraiser you get has their state certification or license.
  • Research the available properties and do due diligence before buying one. If you are considering a rental property, evaluate the following features before signing the closing documents. Sustainability is the first one. How is the condition of the property and how much upkeep will it require in the future? The second key feature to consider when looking at an investment property is its location. For a major portion of rental properties, location is a paramount consideration. You need to make sure that you property is near popular retailers, schools, and service providers that your potential tenants will want to visit. The third is the average income of the area. This is a key difference from locating by centers of activity, because this indicates higher-rent areas, which are more beneficial for landlords than lower rent areas. Residents in high rent areas may not be as concerned about the precise location as residents in communities that demand a lower rent.

You should be able to see why this career and hobby is so popular. Various methods of doing this exist. In addition, lots of information exists for how to properly research and purchase real estate. Utilize the tips in this article, and you will quickly find yourself becoming capable of making smart real estate buying decisions.

-->

Source: http://www.blueoceanrealty.com/2012/03/tips-to-consider-when-buying-a-new-home/

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'90s-Inspired Case Gives You the Flip iPhone that Apple Never Will [Cases]

Last year ThumbsUp! created an '80s iPhone case transforming your fancy Apple creation into the clunky bricks of that era. This year the company's back with a '90s iPhone case that instead gives it the flip-style functionality that none of us actually miss. More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/n9z7CtKgo2Q/90s+inspired-case-gives-you-the-flip-iphone-that-apple-never-will

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Asexuality: An ambiguous awareness ? The Siren

Rachel Hodgson discusses the sexual orientation that omits sex itself, and the difficulties for those who identify as asexual.

Given our overly sexualised society today it may come as a surprise to some to learn of a sexual orientation in which the individual does not desire a sexual relationship, and therefore will often omit any form of physical intimacy from any and all of their relationships.

Asexuality is a sexual orientation that does not hold much recognition in today?s society and as such is often met with confusion. Kelly Jenkins, a first year undergraduate student from Durham University explained that when she told people of her sexual orientation at university ?they weren?t even aware it existed?.

There is a lot of ambiguity as to what it means to identify as an asexual. Often equated to having similar connotations to celibacy, many do not realise that being asexual is not a choice. Arguably the key method to adopt when faced with any confusion regarding asexuality is one of raising awareness and increasing personal knowledge.?

Asexuality first became used for defining someone?s sexual orientation in 2001, although it has been identifiable for a large amount of time, the amount of available resourceful information is somewhat lacking. Given our societies current recognition of various sexualities it is rather surprising that asexuality is less known.

Organisations such as LGBT (Lesbian Gay Bisexual Transgender) often establish support groups within institutes of education in order to offer their guidance and advice. With this in mind ?it?s odd that every other sexuality is represented in things like uni groups,? says Kelly.

There are other resources, such as the website AVEN (Asexual Visibility and Education Network), which offers support for asexuals looking for information and guidance with anything they may be struggling with.?

Unbeknownst to some, identifying as an asexual isn?t as black and white as simply stating that they don?t have sexual relationships. Although asexuals do not experience a sexual attraction towards others, some do have romantic relationships.

Romantic asexuals experience romantic attractions towards other individuals and have successful relationships without partaking in the sexual aspects of the relationship. Although it does depend on the individual as to how intimate they are with their partner, some may only be comfortable with holding hands, whilst others may be comfortable with kissing their partners. Aromantic asexuals experience neither romantic nor sexual attractions towards other individuals and as a result often shirk away from physical touch.

Asexuality is an ever growing sexual orientation. It?s estimated that 1% of the world?s population is asexual, which roughly amounts to an estimated figure of 70 million. With figures like these it undoubtedly deserves a wider sphere of recognition amongst society in order to help with any confusion people may experience.?

Recently the students of Swansea University took an active role in trying to raise awareness of asexuality. The LGBT student led campaign ran an Awareness Week that looked to raise awareness of not only asexuality, but also other sexualities too, as well as Trans and issues that often arise with Gender Identity. ?

With the statistically estimated figure of around 70 million of the world?s population identifying themselves as asexual, it can be difficult to comprehend that there still remains an air of ambiguity around this sexuality. However the encouraging growing inclusion of asexuality in certain aspects of the media; from newspaper articles to even a brief discussion on Loose Women, gives rise to the hope of a future world-wide recognition that may once and for all dispel any lingering confusion.

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Source: http://thesirenswansea.wordpress.com/2012/03/06/asexuality-an-ambiguous-awareness/

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5 Massive Good reasons to alleviate and stop Thyroid Disorder ...

[unable to retrieve full-text content]Because thyroid uncover leads to countless other degenerative health conditions, a thyroid that features adequately can recover health and fitness in numerous other parts within your human body. Once you neutralize the ...

Source: http://construccionismosocial.info/5-massive-good-reasons-to-alleviate-and-stop-thyroid-disorder.html

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The Ann Arbor Chronicle | New Flood Map: Ann Arbor Gives Final OK

At its March 5, 2012 meeting, the Ann Arbor city council gave final approval to an ordinance change that will adopt a new Flood Insurance Rate Map (FIRM) for the city.

By way of background on those maps, the National Flood Insurance Program (NFIP) makes flood insurance available for properties in participating communities ? Ann Arbor is a participant. If a building has a federally-backed mortgage and it?s located within the ?1% annual change floodplain? (previously called the ?100-year floodplain) then flood insurance is required.

Ann Arbor?s most recent FIRM dates from Jan. 2, 1992. In 2004, the Federal Emergency Management Agency (FEMA) began a map revision process for Washtenaw County. Various drains in the city were re-analyzed, using updated data, and on July 27, 2007, FEMA issued preliminary maps. After required public review, appeal and revisions, on Oct. 3, 2011, FEMA issued a letter with a final determination, indicating that the new maps would become effective on April 3, 2012. [.pdf of Oct. 3, 2011 letter] [.pdf of Dec. 20, 2011 reminder letter]

Compared to the previous 1992 maps, 321 parcels are no longer analyzed as lying within a floodplain. However, 116 parcels that were previously not analyzed as in a floodplain are now in a floodplain, according to the new maps. Building-wise, 452 structures are no longer analyzed as lying within a floodplain, while 88 buildings are now in a floodplain, according to the new maps. [See also Chronicle coverage: "Column: Digital Information Flood."]

This brief was filed from the city council?s chambers on the second floor of city hall, located at 301 E. Huron. A more detailed report will follow.

Section: Civic News Ticker

The following terms describe the content of this article. Click on a term to see all articles described with that term: Ann Arbor City Council, FEMA, flood map

Copyright 2012 The Ann Arbor Chronicle.

Source: http://annarborchronicle.com/2012/03/05/new-flood-map-ann-arbor-gives-final-ok/

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Judge tells Stanford jury to continue deliberating (AP)

[unable to retrieve full-text content]AP - A federal judge has told jurors to continue deliberating at Texas tycoon R. Allen Stanford's fraud trial after they indicated they're deadlocked on at least some of the 14 charges against him.

Source: http://us.rd.yahoo.com/dailynews/rss/crime/*http%3A//news.yahoo.com/s/ap/20120305/ap_on_re_us/us_stanford_trial

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3 Most Useful College Courses for Student to Take | Biology101.org ...

Most of the time, students stroll through four years of college and find themselves wondering what they were doing the entire time. While they?ve certainly met the required course work for their respective majors, they might not have realized that the bogus courses that they took just to get easy grades were a waste of time.

With so many incredibly useful courses out there to help students succeed in life, there really is no excuse for take Basket Weaving-101, unless your major is, in fact, Basket Weaving, of course. All silliness aside, below you?ll find some of the most useful courses for all students to take, regardless of major.

1.???? Public Speaking

Man, oh man. Public Speaking? Everyone hates giving speeches. I know I do. But what you don?t realize is that public speaking courses are absolutely some of the most important courses you?ll take in your entire academic career. Why?Well, because every career this side of the universe requires proper speaking skills. Whether or not you?ll be speaking to an audience is irrelevant, it?s the fact that you?ll need good speaking skills to do well in just about any field. You need to speak to your team about changes? You need to present something to the board of directors? Both of these take good speech skills. Even interviewing requires good speaking skills. Very important course!

2.???? Writing

There are hundreds of writing courses out there and all of them are very beneficial. Much like how you should take public speaking courses to be a good speaker, you need to take writing courses to be an adequate writer.Obviously, you?re not looking to become Edgar Allen Poe reincarnated, but you need to at least sound articulate in your text. If you can?t even grasp the simple rules of English, how can you convey your message professionally without sounding like an imbecile? Lawyers, editors, journalists, accountants, financial analysts, business owners and engineers are all examples of careers that demand good writing skills. This is why everyone needs to take several writing course. Not just one.

3.???? Technical Documentation

Very scary name for a course, but it?s actually just a course that teaches students how to write resumes, interoffice memos, reports, presentations and a plethora of other important pieces.Again, just like how public speaking and writing help you with your speaking and writing skills, everyone needs to know how to write a solid resume and report. Even before you get a job, you need to have a nice resume that clearly outlines your education, career goals, past work experience and profile. If you can format a series of reports and presentations like a professional, in addition to crafting a stellar resume, you?ll be happy to know that employers love such skills. Gee, who would have thought!

I promise you that if you want to be successful in life, these courses will help you toward that goal. If not, well, good luck with your poorly constructed resume, uncanny ability to lose your train of thought in an important talk, and important document that is full of grammar problems and spelling errors!

But seriously, you should take these courses. Seriously.
About the author:

Joe Petchonka is a professional writer and is also the owner of Petchonka, a website dedicated to providing readers with funny articles, witty news commentary and brutally honest reviews.

Source: http://biology101.org/archive/2012/03/3-most-useful-college-courses-for-student-to-take/

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'What's Happening Is The Destruction Of The Classic Game Console ...

What?s happened in the business of video games this past week ?

QUOTE | ?What?s happening is the destruction of the classic game console.? ? John Welch, CEO of Making Fun, talking about the impact of mobile and social gaming on the game industry.

QUOTE | ?Wii U is dead if they launch at $US259.? ? Wedbush Securities analyst Michael Pachter, talking about the Wii U?s possible list price and how it will affect sales.

STAT | 850,000 ? Total number of Android devices activated each day, according to Google SVP Andy Rubin, talking about the continued growth of the Android platform.

QUOTE | ?Anyone can throw crap at a wall and see if it sticks.? ? Ben Moore from Mighty Rabbit Studios, talking about the difficulties of being an iOS game developer.

QUOTE | ?Mobile and social developers are moving at internet speed. So where does this leave traditional game publishers?? ? Mark Friedler, game industry veteran, talking about what mobile and social games are doing to other game publishers.

QUOTE | ?My mistake was in predicting that they would behave as rational business people.? ? Michael Pachter, research analyst at Wedbush Securities, talking about Nintendo?s failure to ship a Wii HD years ago.

QUOTE | ?Why not put our IP [on mobile and social]?? ? Sony Worldwide Studios head Shuhei Yoshida, on the possibility of Sony putting out some of their IP on mobile or social platforms.

QUOTE | ?I don?t like it when Zynga gets bad press.? ? Rich Hilleman, Chief Creative Officer for Electronic Arts, saying he would defend any company in the game industry when they are wrongfully attacked.

STAT | $US2.3 billion ? Size of the virtual goods market in 2011, according to a new study from Magid Advisors.

QUOTE | ?It can totally turn around the way games are created.? ? Scott Zerby, president of Gamers Digital, talking about Double Fine?s incredible success with Kickstarter.

QUOTE | ?Platform owners could have cut us off a long time ago.? ? GameStop CEO J Paul Raines, talking about how GameStop continues to work with publishers despite selling used games, which publishers despise.

QUOTE | ?Conditions [are] becoming markedly more challenging.? ? Steve Bailey, senior analyst for games at IHS, talking about the Facebook gaming market for 2012.

This Week in the Business courtesy of GamesIndustry International.

Image from Shutterstock

Source: http://www.kotaku.com.au/2012/03/whats-happening-is-the-destruction-of-the-classic-game-console/

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