-
Please read our AutoTracker policy on the IFT deadline and remaining active. Thanks!
-
$ - Premium Service Content (Info) | AutoTracker Monthly Winners | Is Gmail et al, Blocking Our emails?
Find us on: Facebook & X | Posting Copyrighted Material
-
Join the TSP Talk AutoTracker: How to Get Started | Login | Main AutoTracker Page
-
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com ...
Or you can now use TapaTalk again!
Market Talk / March 26 - April 1
- Thread starter Spaf
- Start date
Birchtree
Well-known member
Forget Gold
The Philadelphia Oil Service Sector index has broken out above strong resistance - machinery related, drillers, specialty chemicals - they are all showing positive momentum.
The NDX at 1703.84 was up 30.81 today. I need to get a shovel and start moving some of this bull manure around - the higher the pile the better the smell.
The Philadelphia Oil Service Sector index has broken out above strong resistance - machinery related, drillers, specialty chemicals - they are all showing positive momentum.
The NDX at 1703.84 was up 30.81 today. I need to get a shovel and start moving some of this bull manure around - the higher the pile the better the smell.
FUTURESTRADER
Active member
Wimpy said:
the GM workers that got the pink slips can thank their union brothers sitting in the GM factory 'job banks' collecting their $35/hr paychecks watching TV and playing dominos...
if Birchtree is correct that fed is done with raising rates, then dollar may also be done rising. 10 yr yield (4.81%)still may be heading up to match the fed rate of possible 5% in may
Wimpy
Member
bkrownd said:
I wonder if their savings rate matched the national rate...as in negative.
Maybe we will know the answer to that question by watching for a glut of used plasma screen TVs being auctioned off on Ebay.
There are going to be some government employees in for a similar rude awakening and they probably won't see it coming any better than the auto industry folks.
FUTURESTRADER said:
No, they can thank a Big Three (ha, ha) management who couldn't manage their way out of a paper bag. I bought a Dodge Intrepid. Never, again. It was "engineered" by accountants. I'm now a Toyota man. Let's encourage foreign investment capital that can actually manage a successful corporation.
Properly managed and compensated American and Canadian workers can produce a world class car at a competitive price. Toyota proves that assertion. However, world class workers need world class management. Why blame the victims of greed and incompetence? Enron, WorldCom, Global Crossing, Adelphi...bad workers, powerful unions...I don't think so! Is $70K a year too much to work in a hot, noisy factory? I bet the recently laid off GM white collar workers wished they had UAW, or, better yet, Teamster union brothers.
Wimpy
Member
rokid said:No, they can thank a Big Three (ha, ha) management who couldn't manage their way out of a paper bag. I bought a Dodge Intrepid. Never, again. It was "engineered" by accountants. I'm now a Toyota man. Let's encourage foreign investment capital that can actually manage a successful corporation.
Properly managed and compensated American and Canadian workers can produce a world class car at a competitive price. Toyota proves that assertion. However, world class workers need world class management. Why blame the victims of greed and incompetence? Enron, WorldCom, Global Crossing, Adelphi...bad workers, powerful unions...I don't think so! Is $70K a year too much to work in a hot, noisy factory? I bet the recently laid off GM white collar workers wished they had UAW, or, better yet, Teamster union brothers.
And yet, there are still a few of those neanderthal thinkers out there who feel that they must 'Buy American' to remain patriotic. They just don't get it!
Those victims and potential victims of incompetent management have to become better informed. In the future, it won't be enough simply to go to work and fill the time card and expect to survive economically.
People are going to have accept more personal responsibility for their choice of employment, savings, and retirement.
The entitlement mentality is being shown the door.
NEW YORK (CNNMoney.com) - This could be the year that Japanese automakers rediscover their roots in the U.S. market.
And that could mean more trouble ahead for U.S. automakers such as General Motors.
Toyota starts to roll out its Yaris subcompact car to dealerships this spring. It will be closely followed by the Honda Fit and Nissan Versa, as all three of the big Japanese automakers begin their first major push in years to sell extra-small, very fuel efficient cars in the United States. The cars generally have base prices between $12,000 and $13,000.
I heard ther is no room in this car to install the I-Pod.
And that could mean more trouble ahead for U.S. automakers such as General Motors.
Toyota starts to roll out its Yaris subcompact car to dealerships this spring. It will be closely followed by the Honda Fit and Nissan Versa, as all three of the big Japanese automakers begin their first major push in years to sell extra-small, very fuel efficient cars in the United States. The cars generally have base prices between $12,000 and $13,000.
I heard ther is no room in this car to install the I-Pod.
Nikkei at five-year high as 17,000 barrier breached
MARKET WATCH
JAPAN'S main stock index topped 17,000 this morning for the first time since August 2000 as a five-year high on the Nasdaq lifted tech shares, and Australian stocks rode rising commodity prices to hit a record high.
Full story can be found at
http://edinburghnews.scotsman.com/business.cfm?id=490462006
MARKET WATCH
JAPAN'S main stock index topped 17,000 this morning for the first time since August 2000 as a five-year high on the Nasdaq lifted tech shares, and Australian stocks rode rising commodity prices to hit a record high.
Full story can be found at
http://edinburghnews.scotsman.com/business.cfm?id=490462006
Similar threads
- Article