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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: chomolungma who wrote (19887)3/16/2004 5:12:35 PM
From: trader7e7  Read Replies (1) | Respond to of 57684
 
What Lizzie has reported about the job situations
in the Silicon Valley is true.



To: chomolungma who wrote (19887)3/16/2004 5:27:25 PM
From: Lizzie Tudor  Respond to of 57684
 
OK, ok...yes my mind is made up, sorry. Its made up until it gets unmade, that is. However, I want to be a bull on this economy because basically I am a perma-bull. I don't like being a bear, and in fact even now I am not really a bear on many stocks. Networking and chips for example, I am not a bear on those. (bearish on software though)

But anyway are you aware that last month we lost 260K household employment jobs? That could be bad or maybe could be good, no? Maybe the household people are sensing a pickup in regular jobs.

When we lost manufacturing to trade we had another higher level industry to pick up the slack. This time we don't have that, in my view this is pretty serious. And its obvious a lot of economists are dumbfounded- not all but many.