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New president takes the helm at Orbitz for Business
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we really haven t had the confirmation that we ve had in the historic rallies, where you ve seen confirmation with volume on top of stronger highs. volume is a big, big consideration here. what do you do with this market right now? me, i m hopefully getting out of the market, looking the to reposition myself. if it continues to go higher, i can always buy back. as i said once before, you can t always sell. ibm s facing out. i think we re long in the tooth. i think there are a lot of things overhanging the market that we ve overlooked, and we would probably suggest a little bit of a downside. and the things that the bulls keep saying, and i get that, you re a trader and you know supply/demand, all that. the things the bulls keep saying, as long as the fed s on my side, i m going to stay with the market. and that s something we ll see evolving and changing. i think the fed has already been up-front enough to say, you can see what they re doing, as they re doing it. but
which would clarify that all users are shown all prices, just in different orders. the only difference is what pops up in search results for mac or pc users. ceo barney harford sent a statement saying unfortunately wsj editors have chosen to hide the full story. the journal responded by saying it changed the article from paid to subscribe to free for all. but the damage has been done for haley, who said she s already made up her mind. if that s what orbitz is doing, knowing that i carry a mac, doesn t make any sense at all. reporter: now, the orbitz ceo wanted to emphasize that the company isn t trying to fool or trick anybody, just trying to maximize a direct marketing plan to create a more user-friendly experience. stephanie trong, nbc, bay area news. we are following a developing story tonight in one of the most upscale cities of the east bay. a homicide suspect is in custody in orenda after he told a neighbor he killed his girlfriend. that neighbor called police jus
giving credence to the adage sell in may and walk away. but it wasn t just stocks investors were walking away from, gold also fell 6%. erika miller reports. reporter: stock investors are only too happy to say goodbye and good riddance to may. after all, the steep sell-off this month leaves the dow industrial average barely up for the year, after a record first quarter. so why was this month such a downer? once earnings season ended, people did not have a catalyst to hold onto stocks any more. they sold into it. reporter: and, of course, there are also growing worries the crisis in europe will slow global growth. it s not just stocks that had a terrible month. gold had its worst may in 30 years, suggesting investors are no longer viewing the precious metal as a safe haven. like stocks, gold has been hurt by worries about europe: as the euro crisis has intensified, the euro has declined. gold is positively correlated with the euro and inversely dollar. reporter: where
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