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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?


To: ahhaha who wrote (4548)6/18/2002 12:57:32 PM
From: ahhahaRespond to of 24758
 
From a reader:

To me the market is just about impossible to view as going in a positive direction.

Ah, a bull market.

Many of my son's friends have graduated to find that there are no jobs available for them.

That's good news. It should be hard to get a job, if a job is worthwhile to get.

In my son's office none of his co-workers feel there is much opportunity in a particular place of employment. There has been very little in the way of raises: three percent to those who are not in management, 1 percent to those who are.

That's even better. The money is going to those making the effort and to those whose effort is mostly responsible for the boost in productivity.

It is definitely an employer's market.

Your previous remarks imply the opposite. When employees are paid less, they get wealthier.

The company my son works for has many properties. He feels the real estate market is going to crash. It is mind boggling to me as to what I hear and how the market continues up.

Really? Throughout the last 40 years the market has continued up at varying rates, but always persisting. So how is it any different? Apply your basic Don Patinkin. When all prices are rising there is no economic consequence from rising prices. Better economic times will mean a slowing in real estate price increase to zero. It will be the first extended period of flat prices since the '50s.

I do know that there is building construction going all around me but I can't understand where the funds are coming to build huge houses , condos etc.

What you don't see is that construction requires no money, only confidence.

In my son's office his manager was picked up by the studio department. His position now remains unfilled so they are operating without a head of the department. Multiply that by many positions it amounts to quite a savings for his company, DIS.

More good news.

For some time I have been thinking as the thread was searching for positive growth stocks that there has to be something in the telecommunications sector as so many companies are laying off. Technology is going to have to take the place of people in my opinion.

This is a common erroneous notion. Technology always increases employment and changes to the better what employees do. The change in employee activity is more rewarding and more lucrative for employees. You do have to keep up with the changing times though.

Because i don't know what technology it just seems to me something in networking will have to pop up to create ease of operation

We all hope so, because it surely isn't easy now unless everything is working properly.