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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Condor who wrote (44567)1/2/2001 11:51:55 PM
From: American Spirit  Read Replies (2) | Respond to of 57584
 
Finance guru on Larry King recommends Naz QQQ BUY now.
The gurus are all saying buy but hopefully you waited until after today. gg Great buying op manana for long or short term tech buys. At least that's what they're saying and I agree.



To: Condor who wrote (44567)1/3/2001 1:56:38 AM
From: shadowman  Respond to of 57584
 
Joe Battipaglia.....

Joe's a serious bull and he makes some good points, but something about his fourth cause for optimism leaves me flat.

4. Despite a slowing economy, mass layoffs are uncommon and employment remains relatively high. While it is true that claims for unemployment have risen of late, many of these workers are being quickly absorbed back into the work force. The average time it takes for a displaced worker to find new employment is six weeks -- not a sign of a deteriorating job market. Since 1991, the economy's composition has continued its shift away from deeply cyclical industries toward less cyclical, service-based jobs. Today, for example, Wal-Mart employs more people than the automotive industry, the aerospace industry and the heavy farm equipment industry combined. With unemployment near 4 percent, the consumer should still have an appetite to spend in the year ahead.

Nothing like moving a large part of the work force out of those $16 to $25 dollar an hour full time jobs and into those barely above minimum wage 20 hour a week no health care benefit jobs, to give the "consumer" and the economy a real boost.

Say what?