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[ThatHawaiiGuy]

Planned layoffs surge in July, report says

NEW YORK (Reuters) — The number of job cuts announced by U.S. employers surged 43% in July after a two-month decline, a report said Tuesday, suggesting a rebound in the job market may not happen until the end of the year.

[It was supposed to happen in the begining of the year then spring then summer they've skipped fall now it's the end of the year. Buy silver...it's hard to pay the mortgage when you ain't got a job...]

Planned layoffs at U.S. firms shot up to 85,117 in July from 59,715 in June, job placement firm Challenger Gray & Christmas said. Job cuts so far in 2003 total 715,649, only 12% lower than in the same period last year.

The report said job hunters can expect an average of 20 weeks to find a job that may not match their last salary.

"Employers have all the cards," said John Challenger, chief executive of Challenger. "Not only are they sharpening their pencils, but the screening of candidates is probably the toughest it has ever been."

According to the report, the consumer goods industry announced the most layoffs last month.

[Jobless recovery: ain't no such animal; never has been never will be...]

http://www.usatoday.com/money/economy/employment/2003-08-05-challenger_x.htm


"Unemployment is soaring but let's keep this minor key unless some trouble breaks out over it. Justice has evidence of serious labor unrest, especially among ghetto minorities." (June 15)

http://www.investorshub.com/boards/read_msg.asp?message_id=1284467



HUH?

Dear InvestorPlace Member,

Alan Greenspan has been saying the ONE WORD that will always
cause the "nervous nellies" to wring their hands in fear. It's a
word that paralyzes uninformed investors.

So what's the one word?

Deflation. No matter how many times Greenspan says it, that
doesn't make it true.

Trust me, there is no deflation at all. No threat of falling
prices. And no reason to worry.

You see, Alan Greenspan really wants people to buy bonds -- badly
-- and it's not working as well as he'd like. There has been a
rally in bonds, but the smart money is now dumping bonds and
gobbling up stocks at a record rate.

That's going to continue. In fact, my research points to a big
bull move through the end of 2004 -- at least.

And if you're not fully invested now, you're going to kick
yourself later.

[But not in stocks kids...]


Get Ready to Blast Off!

[Up or down?]

We're truly entering a great era for investors.

Day after day, money continues to pour back into the market.
Growth stocks are rallying strongly in the wake of terrific
earnings results -- especially for the stocks we own at Blue Chip
Growth.

Not every day will be up, of course. But the trend is clear --
it's a virtual lock.
And I can honestly say that this is the BEST buying opportunity
of my lifetime!!!

[Him is smarter than me, but I disagree totally. I'm with buffet hedge your bets with silver...]

==========
In Our Favor
==========

1. Many hot stocks continue to gap higher on order imbalances, as
buyers overwhelm sellers. Growth stocks are the place to be.
Earnings results have been MUCH better than expected, nearly
across the board. And earnings for our Blue Chip Growth stocks
have been spectacular.

2. When dividend tax relief was first passed, I told
InvestorPlace members that it would be the catalyst for a new
bull run. I was RIGHT. As I said at the time, this tax cut
virtually guarantees that money will continue to flow out of
bonds (with interest taxed as high as 35%) into the stock market.

3. Of course, even I was surprised when the tax on capital gains
was cut to 15%, as well. That's another HUGE shot in the arm.
It richly rewards investors for taking on a little added risk.

4. The money flow is squarely in our favor. Right now investors
are pouring out of bonds and into stocks -- some $16-$18 billion
each month. And there's still a huge amount of CASH on the
sidelines -- enough fuel to drive prices higher for the next 18
months and possibly longer.

See why I'm urging you to be fully invested today? This is the
watershed event of our investing lifetimes -- one that can fully erase the pain of the last several years.

My Blue Chip Growth Letter subscribers and I are headed for big
profits in the months ahead. Please join us for the spectacular
ride: http://investorplace.com/order/?pc=3DS179

=========
Blast Off!!!
=========

Are we making money now? You bet!

*We're up 47% in eBay since we bought it in March.
*We're up 45% in conservative Teva Pharmaceuticals.
*We're 32% in Amgen since March.
*We're up 49% in Boston Scientific.
*We're up 68% in Lennar.
*We're up 51% in Nextel since we bought in May.
*We're up 49% in Nissan.

We've clearly passed the turning point for stock investors.
These are just a few examples. Some stocks haven't taken off
yet. They will. It's NOT too late to position yourself for what
I truly believe will be the investing event of a lifetime.

[Breath taking bear market rallies...I think this one is over and this email is really late...

More guts than brains is what it takes to be fully invested now...imnsho...]