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Zeev Hed

01/16/04 9:41 AM

#193806 RE: Train Guy #193802

Getting out of TBL yesterday was a stroke of luck, it is breaching $40 here...not a good sign, next support at $47.5 and then a void to 42. Just got in here at $48.91 with a stop just under $47.50.
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federal reserves

01/16/04 9:47 AM

#193812 RE: Train Guy #193802

TG> Yes this is true

the form is filled out by purchasing managers who note increased production, but its in offshore facilites. Most US factories are now shell operations, an office space with computers, where sales orders are entered, then the computer orders the parts from offshore sweatshops, the parts come in and/or are dropped shipped to US retail outlets (WMT) where consumers who buy more than they need and go deeply into debt pick them up using Mastercard or a Refi. This is known as globalism and Greenspan and crew think its a great system.