Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (42333)	12/2/2003 3:09:22 AM
From: Raymond Duray	of 74559

When you need a second career you ought to consider propaganda. You've got it wired. ******** You gotta love the spin: "But the bigger surprise was that manufacturers showed a wider readiness to hire workers after three years of reducing factory payrolls." This is the classic "jam tomorrow" pitch. A stockbroker friend made lots of money on this one back in the '60s. We may not get many new family-wage jobs out of this hoopla, but we'll sure get some new suckers in the stock market. The better to goose stock options and continue the distribution which is in full bloom. I wonder why EDMUND L. ANDREWS and FLOYD NORRIS didn't mention that insiders continue to be big time net sellers? This is atypical of a robust recovery as is the absence of real job growth. This economic recovery would fit right in to George Orwell's 1984, don't you think?

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