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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (25458)	9/10/1999 9:46:00 AM
From: Les H	Read Replies (1) \| Respond to of 99985

LG, I also understood the supply of new issuance of bonds to start to slow dramatically by November. Another Y2K effect.

To: HairBall who wrote (25458)	9/10/1999 11:48:00 AM
From: Fun-da-Mental#1	Read Replies (1) \| Respond to of 99985

LG, re Point One - The percent of jobs in the agriculture sector has dropped from 80% before the industrial revolution to 2% now. The percentage of jobs in manufacturing reached a peak in the early part of this century and has been declining ever since. This is simply due to increased productivity. For example nowadays instead of having thousands of guys with picks and shovels in a mine they have about ten guys sitting in a control room somewhere and nothing but machines underground. Since the rest of us still need to have some kind of jobs, the service sector is where it's at. Fun-da-Mental