Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Currents of Currency -- Ignore unavailable to you. Want to Upgrade?

To: Ahda who wrote (14)	10/24/2002 1:36:03 PM
From: Ahda	Read Replies (1) \| Respond to of 594

Well at this point intuition is making more sense than logic as about all I can determine is stocks are going upward while the economy appears to be still in a downward trend. It is almost like betting the blue chips are going to cut costs extensively by using outside sources. Hopefully those outside sources will one day aid their income as the consumers in the US are not consuming as much. The compensation for certain CEO's is ridiculous. That makes one wonder if we are not looking at some sort of financing arrangement that allocates housing capital onshore and business development off shore. Now everyone owns a beach house and we are all trying to adapt to the new profession of could be beach bum. It is very selective stock picking and rather frustrating at best. The car market went whoosh, techs are struggling and educations best bet is probably international anything as long as it isn't local. Toy makers are forecasting reduced holiday sales. My conclusion is the stock market has filed for divorce from the USA economy. Sort of similar situation to when Corporate America started a divorce suit with employees. The old law read for better or worse, the new translation means I might do better but you could very well do worse. All this adds up to a position that could be very precarious for gov. Heck for all I know we could be heading for a point of three major divisions. Corporation America is going off shore, Government America is trying to protect onshore and People America are building birch wood canoes trying to keep afloat. Reuters Kodak Profit Rises, Sets New Job Cuts Thursday October 24, 11:52 am ET By Franklin Paul NEW YORK (Reuters) - Photography giant Eastman Kodak Co. (NYSE:EK - News) on Thursday said third-quarter profit tripled on streamlined operations, but said it plans to cut up to 1,700 jobs to further trim costs amid slack sales Self explanatory. Currants comes from raisins that have been dried out or currents of currency come from people who have money to spend.