Re: [CANSLIM] Worley's Weekend Weeview

From: "Bill Triffet" <btriffet@earthlink.net>
Subject: Re: [CANSLIM] Worley's Weekend Weeview
Date: Tue, 8 Oct 2002 22:02:05 -0700

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- ----- Original Message -----
From: "Logan, Scott L." <slogan@gosafeguard.com>
To: <canslim@lists.xmission.com>
Sent: Tuesday, October 08, 2002 1:07 PM
Subject: RE: [CANSLIM] Worley's Weekend Weeview

> I don't think the American public has realized the effects of losing our
> manufacturing jobs. Thousands of good paying blue collar jobs are
> disappearing from our landscape. But I like most everyone else enjoy the
low
> cost goods that American factories( and Unions ) have priced themselves
out
> of.
>
(Note: very off topic now but hey, the markets slow...)

Hear hear! Having been a machinist for 15 yrs and an NC programmer for the
last 7, I've watched the manufacturing industry nose dive. It's even more
shocking to read and hear things like, "the loss in manufacturing jobs this
month was offset by an increase in the service sector". Offset???! I guess
if your not in direct ly employed by manufacturing, it doesn't matter...yet.

I don't think we're going to see any change in the markets till there is a
real change in the manufacturing sector. It was fine while everyone was
preoccupied with the shooting stars of the internet and technology. Now, we
must make REAL products that can will be used by people now...not just the
future.

Each day I look at IBD I only see charts and comments about companies that
require the manufacturing sector to improve.  Ex: Financial, banks, consumer
goods, and medical related. None of these sectors can exist in a vacuum.

Hopefully things will pickup.

- -Bill

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