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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (40093)5/20/1999 9:06:00 AM
From: Lee Lichterman III  Respond to of 94695
 
Good Points all, maybe that will even out the disparities in the world over time as we have to import the brains due to the dumbing down of America effect and they will take our technology back to their home countries and eventually even out the playing field. Ying - Yang etc.

Have to run so not much time. My charts are mixed showing some sectors could get hammered but others hinting of an upmove before the slide begins. Interestingly, the major indexes seem to be hinting that they could try and move up but I was so short ontime the last few days, I have't been able to look well enough to call it one way or the other. The wedge that is emerging on the tech stocks should resolve in less than 2 weeks.

I am late, good Luck,

Lee



To: donald sew who wrote (40093)5/20/1999 11:57:00 AM
From: AlanD  Read Replies (1) | Respond to of 94695
 
Dear Donald,

This problem is very complex but I can tell you it has nothing to do with education in America or math scores etc. The root of the problem is that the market for grad students and scientists has been manipulated ever since Nixon went to China. This is when the importation of grad students began and has led to the importation of scientists and engineers. It was further enhanced by false claims over the years by the NSF and Corporations concerning the coming shortage. If the market place had been allowed to operate someone going to grad school would not have to spend five to ten years in poverty, three to five years as a post-doc in a temp position working for under 30K and then land a temp job for 40k. This is why Americans are not going into science and engineering grad schools. The cheap foreign imports provided by the US government are too much of an enticement for universities and corporations. Notice there is no shortage of Americans going into law or medical schools were this situation does not exist. Alan