duperman.it didn't end up that way now did it.the stock pumpers got the shock of their life yesterday morning.they were almost speechless and studdering at first.lol.then they tried to put some lipstick on the pig.
a gain of 20k jobs.lol.
they have no idea what they're doing.productivity is killing the job market.and deflation in tech stuff is great for the consumer.some stuff almost free now.lol.
i watched for the eod ramp.lol.
this goose is going to run out of gas.just a matter of time.
the country is going broke.and the piper will have top be paid.the sad part is.we're going to have to pay.they will have no choice but to raise our taxes.some might not even get their pension money.and who knows if we'll ever see any soc. sec. money.
but.they've been doing a good job of tricking the whole world up to this point.
i heard from a federal employee.don't know if it's true or not.but they were told to buy nothing but dell computers with intel chips.no more gtw's or anything else.and that this was a first.it could explain the pop in dell and intc.while hpq.klac.lxk..amd. and others warn.gtw cuts jobs.semi book to bill under 1 and looks horrible.
and.csco.intc and others said.they're not sure this is sustainable.klac and dell see no signs of recovery.intc says it could be temporary.
even if tech stuff sells more with unit growth.what happens when they sell it at half price?
i agree with kumar.tech stuff now is like auto's.the big boom is over.no pricing power.cut throat competition.their p/es' will adjust to reflect this.in my opinion.
just a matter of time.
when do the upgrades hit?
THE PIPER WILL BE PAID
Brothers, sisters, husbands, wives
Followed the piper for their lives
From street to street he piped advancing
And step for step they followed dancing,
Until they came to the river Wiser
Wherein all plunged and perished
AI
