There is a point to what you say but you can only go so far. In the military, we have been under the "do more with less" philosophy since Clinton came to power. We embraced technology, went paperless, automated all we could but now we are at a point where over worked, over deployed, tired of working harder for no gains etc that the people are abandoning ship like the plague. Business will reach the same point, it is only a matter of time. At that point, wages will have to rise to keep people and give better, more expensive health care incentives etc. The military can't even attract people with brains anymore and is even having problems with their more politically correct let anyone with a heart beat in approach despite arrest records, ability to speak english, read etc. As you probably heard, we all missed our numbers this year for recruiting and out of the 4 new troops I got this year, I had to discharge 2 of them since they couldn't seem to stay out of jail, stay sober while under age or stop bouncing checks all over the state. We wouldn't have let these people in the door 15 years ago and if they slipped in anyway somehow, we would have booted them the first infraction. It took 3 offenses to do it this year because we are so desperate to keep anyone we can get. Imagine one of these people building the airplane you fly on, handling your finances at the bank.
One last thing, I have over bought signals firing off all over the place tonight and my scans are heavily weighted to the over bought side. If the numbers are bad, we should go down hard, if they are mute and we go up, it will make either one great shorting opportunity or else this really is the blow off rally Heinz was waiting for. I have a projected fork that fits well but it would take a rally to make it happen so I will just play wait and see this early inthe game for now as it targets late next week for the major turn. I am breaking the rules in pickinghte top in advance so I will wait and see how it looks as it goes closer before making a fool of myself <ggg>
Good Luck,
Lee |