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Non-Tech : Wal-Mart -- Ignore unavailable to you. Want to Upgrade?


To: Dennis who wrote (1029)5/7/2000 11:39:00 AM
From: Robert J Mullenbach  Respond to of 1166
 
Do some study here, This Guy is right on a lot.

Anyway, WMT as you can see on the graph seem to be in large fourth wave contracting triangle. More weakness is in the card
but it should be limited. If I am right, I suspect WMT will keep moving sideways for a while before printing another major rally.
There's two things I like a lot about triangles. First, we know exactly where we gonna be wrong. For WMT, moving below
43.50$ will negate that scenario. The second great thing is that triangle are always preceding the last move of a large structure. (
Triangle are only fourth waves in a five waves affair or the middle wave in a corrective pattern ). So If I am right, and the
triangle scenario prevails, that would mean WMT is finishing a large impulse wave that began in early 1988 if not before. Once
over, it would clearly indicate, a prolong bear market is in the card.

members.home.net:80/augery/equity.html
XXXXXXXXXXXXXX

Nice possible chart, maybe a good gamble on calls.



To: Dennis who wrote (1029)6/11/2001 7:10:26 AM
From: long-gone  Read Replies (1) | Respond to of 1166
 
<<also , I now see how the government likes to keep the "poor" people in their collective places in order to serve the rich and famous>>

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POSTED AT 8:44 PM EDT Friday, June 08

Mind-control, at low prices

Associated Press

Davenport, Iowa — Wal-Mart brainwashes its employees into working overtime without pay, former workers claim in a class-action lawsuit filed in Clinton County District Court.

The lawsuit, filed by former employees of the Wal-Mart in Clinton, seeks lost pay and other damages on behalf of all Wal-Mart employees in Iowa.

"You bet it's about the money," said Taylor Vogue of Camanche, one of the plaintiffs. "It's about the money, in respect that I just want to recover all the unpaid wages to the former and present employees. That's the intention behind this."

Vogue and Sally Mussmann of Clinton liken Wal-Mart to a cult, and in the lawsuit they claim employees are "brainwashed to work mindlessly for mother Wal-Mart."

"Employees are told to be 'team players' and give up earned wages for mother Wal-Mart," the lawsuit states.

The lawsuit alleges that Wal-Mart gives employees work assignments that are impossible to complete within scheduled hours and then pressures workers to complete them anyway.

Wal-Mart officials dispute the claims.

Bill Wertz, corporate spokesman for Wal-Mart, said the company does not expect employees to work without pay for any reason. The company holds this as "strict policy," he said.

"The allegations here are completely contrary to Wal-Mart policy," Mr. Wertz said. "This is an issue Wal-Mart feels strongly about."


theglobeandmail.com