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Strategies & Market Trends : ahhaha's ahs

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To: GraceZ who wrote (1449)	3/10/2001 1:39:52 AM
From: Ahda	Read Replies (2) of 24758

Grace the medium is about as applicable as horse pucky as at least that sticks to shoes. The medium is only good for each area in which wages to a govern supply and demand. If you have a surplus of people looking for employment the wage demands will be less and property will act in accord to demand. This is the definition of sellers and buyers markets who needs in more than who needs out or vice versa. Today i do not know where you can buy in the LA area a decent three bedroom house for two hundred thousand. In San Jose in three years you have a darn good chance of a very different picture than five hundred thousand starting price of today. That was a known fact there and prospective employers offered a sign up that was much larger than other area's with the added suggestion to rent first and hold off the buy house until later. They were well aware that future was outpacing them and there would be a time when the numbers of unemployed would increase. Back to the stock market in my mind there is a very good chance that the lay off in tech here will continue the reason being that corporate America has taken the time to invest in talent to bring here train and send back to elsewhere with a complete concept of the company operation. It is cost efficient and that is what companys are striving for now. The political climate in India is accommodating to tech so there is growth there. Tawain is now the second largest producer of chips in the world. China might face a problem due to the break up of the states power provider and i do hope it does not follow the same path as deregulation has here as that means higher prices on products to US. Japan is struggling but that has also to do with over evaluation of property some time ago said cause can be traced to the bubble that created surplus cash and outrageous property prices. I feel a similar situation has developed in CA. This puts a heavy load on the mortgage bankers in CA and perhaps conflict with AG's thoughts. The desert of Egypt will be irrigated and the need of food from elsewhere in the middle east decrease. The chances are at some point oil will no longer be the only export in the mid east. It not a pleasant situation over there at all. It is not just a matter of capping off wells but keeping heads cools. It was a dark day in the market and darned if i can find a positive tune. Higher wages for some no wages for others. How can you pump an economy up when the pump produced zilch earnings? About all the pump money in does is to increase prices too fast leaving a greater chance of collapse.

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