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

To: jmootx who wrote (71436)	3/9/2001 3:35:28 AM
From: Psycho-Social	Respond to of 99985

Re Immigration/Demographic backdrop: Agree that immigration practices in the U.S. and Japan are critical. Thurs, 3-8-01 WSJ, p.A24, raised important concerns focusing on the subject of illegal immigration, primarily across the Mexican border. It prompted me to go back to Dent's Roaring 2000 book and reexamine the chart of immigration. That raised another concern about his data on legal immigration, especially relevant to this period, because he uses an average age of 30 for immigrants, and my formula that relates to the stock market looks at persons entering their 40s and 60s. Dent's chart shows a huge surge in legal immigration from about 600,000 in 1989 to 1,850,000 in 1990, to about 1 million in 1991 and then a drop back down to 700,000 in 1992. It doesn't seem credible that such a huge surge in immigration would take place for 1-2 years and then drop off sharply (absent a devastating famine). Because both of these issues are crucial to my year 2000 to 2010 Market estimates, I plan to study them in more detail and try to get immigration data directly from Immigration & Naturalization.