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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: AC Flyer who wrote (47942)	4/4/2004 12:29:28 AM
From: Box-By-The-Riviera™	Respond to of 74559

snoozey you be a loozzy. thanks for showing up.

To: AC Flyer who wrote (47942)	4/4/2004 6:12:32 AM
From: TobagoJack	Respond to of 74559

<<The next few months will be the last great buying opportunity for US equities this decade>> ... confusing market action with economic reality and financial destiny is a common mistake :0)

To: AC Flyer who wrote (47942)	4/4/2004 9:32:42 AM
From: BubbaFred	Read Replies (1) \| Respond to of 74559

Good to see someone who faithfully follows the officialdom rhetorics. On the other hand, that's not difficult in a consumer society that's willing to spend more than their earnings and spend the rest of their lives paying off their debts. So, there is and has been very minimal inflation in the last decade, eh? Hmmm, all this time I thought American's savings is in the value of their house which keeps up with inflation. I wonder how much those houses have appreciated in the last few years?

To: AC Flyer who wrote (47942)	4/4/2004 12:55:01 PM
From: Done, gone.	Respond to of 74559

The next few months will be the last great buying opportunity for US equities this decade. Better than the last few months have been, across nearly all sectors, worldwide? finance.yahoo.com^DJI,^DJT,^DJU,^DJA,^NYA,^IXIC,^IXQ,^NDX,^IXBK,^IXFN,^IXF,^IXID,^NBI,^GSPC,^OEX,^MID,^SML,^XAX,^IIX,^NWX,^XMI,^PSE,^SOXX,^RUI,^RUT,^RUA,^DOT,^VLIC,^TMW,^TYX,^FVX,^IRX,^DJS,^XAU,^MERV,^BVSP,^GSPTSE,^IPSA,^MXX,^GSPC,^AORD,^SSEC,^HSI,^BSESN,^JKSE,^N225,^KLSE,^NZ40,^KSE,^PSI,^STI,^KS11,^CSE,^SETI,^TWII,^ATX,^BFX,^PX50,^KFX,^GDAXI,^MIBTEL,^AEX,^OSEAX,^MTMS,^SAX,^SMSI,^SXAXPI,^SSMI,^XU100,^FTSE,^CCSI&d=s

To: AC Flyer who wrote (47942)	4/4/2004 3:02:56 PM
From: Maurice Winn	Respond to of 74559

<>>... but no good jobs? or at least none as good as old jobs?<< This is a myth, Jay, that suits a certain political agenda to promulgate. <> As you say ACF, it's gung ho in cyberspace: signonsandiego.com <By Jennifer Davies UNION-TRIBUNE STAFF WRITER February 28, 2004 The wireless telephone business may finally be on the rebound, particularly if Qualcomm's hiring plans are an indication. The San Diego wireless technology company is holding a local job fair today, its first since 1997 when the tech economy was just beginning to gather steam. Dan Sullivan, Qualcomm's executive vice president of human resources, said there are about 450 current openings and the company is on pace to add 1,000 workers by the end of the year. Qualcomm now has about 6,500 employees, with 6,000 of them based in San Diego. The fair is from 10 a.m. to 2 p.m. at 6455 Lusk Blvd. in Mira Mesa. Most of the positions Qualcomm wants to fill are high-paying engineering jobs for its increased research and development efforts. The company has said it want to focus on R&D so it can expand beyond its primary technology business – the patented wireless standard called CDMA, short for code division multiple access. Sullivan said that while talent is not as tight as it was during the boom years, the company is finding it increasingly difficult to fill technical jobs. "The types of engineers that Qualcomm looks for are in short supply," he said. At Qualcomm's last job fair, Sullivan said, the company expected 2,000 to 4,000 applicants, but more than 10,000 showed up in the rain. This time the company expects between 3,000 to 5,000 applicants.... > I suspect that what people mean by "good jobs" is high paying jobs for unskilled, unintelligent people who used to make a fortune in union-protected production lines which ripped off the USA consumer. Now the USA consumer is buying from decent, hard-working Chinese, who are buying American CDMA cyberphones by the million, so the money is coming right back, as money does, albeit sometimes via a tortuous route, via Japan to Saudi Arabia to Germany to UK to USA. The unskilled, unintelligent, Americans will have to get another job, perhaps at lower pay, which will help keep inflation down. Pilots who used to enjoy a great racket are increasingly working for a living in a competitive industry. The global job market is working wonders, with Indians in Hyderabad earning good money from QUALCOMM. I don't see why I should hire Americans when there are Indians prepared to do a better job for less money. qualcomm.com Mqurice

To: AC Flyer who wrote (47942)	4/4/2004 11:32:30 PM
From: elmatador	Read Replies (1) \| Respond to of 74559

AC the soft belly is jobs. Jobs can derail Bush. That's why the job figures have to appear good. But it is good in the numbers only! Pretty soon people is going to ask: "Hey, why there are jobs only for the others and not for me?" "Who is exaclty getting employed?" The adminsitration gaisn time perhaps up to June to come out with other trick when this comes clear to the ignorant masses. Dollar gains in anticipation of rate rise By Steve Johnson in London Published: April 2 2004 12:05 \| Last Updated: April 2 2004 21:11 The dollar rose sharply on Friday as market-watchers scrambled to bring forward their forecasts for a US rate hike in the wake of buoyant payrolls numbers. The US created 308,000 jobs in March, well ahead of the consensus forecast of 120,000, and the fastest level of jobs growth since April 2000, with January and February numbers revised up by a combined 87,000. Most chose to ignore the accompanying, and more downbeat, household survey, weak earnings data and a raft of one-off factors behind the headline number. The money market priced in the likelihood of the US Federal Reserve raising rates from their historic lows of 1 per cent before November's presidential election. "The market's complacency regarding the Fed's patience will be sorely tested by this release," said Daragh Maher at ING. However Bob Sinche, head of currency strategy at Citigroup, called the money market moves a "relatively extreme shift in expectations given that seasonal factors likely played a role in the March payroll jump". And David Bloom, currency analyst at HSBC, retained his view of no rate rises until 2005. "We didn't call a recession last month and we are not calling a boom now," he said. The dollar rose 2 cents agaist the euro to $1.2115, 2 cents against sterling to $1.8295, and 2.4 centimes to SFr1.2919 against the Swiss franc. Despite this, the greenback was still generally weaker than on Monday. Aziz McMahon, currencies strategist ABN Amro, argued the dollar's bounce would have been more rapid if the speculative community had been short of dollars, rather than the neutral position they were in. But with "overhedged" European corporations and asset managers likely to unwind some of this hedging, he saw euro/dollar falling to $1.15. Michael Woolfolk, senior currency strategist at Bank of New York, also expects further dollar gains. "Next week's light schedule of US economic releases could provide the dollar with a chance to mount another test of the $1.20 level without risk of major data surprises getting in the way," he said. Elsewhere sterling rose to £0.6623 against the euro, within a whisker of a 12-month. Yet more bullish housing data played its part, but the payrolls number, just days before a UK interest rate decision, was the key to the move. "The Bank of England has the benefit of making its Decision after the US labour report. It may make it more likely to raise rates," said Mark Cliffe, chief economist at ING.