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B4 The Bell Turdsday


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Morning Crew-Captains Log-Stardate-March 11/2004-we will open lower-window from the bell for 30 minutes. This is NOT over-Stains comment last night was a good one "not even the Bears believe this". Bounce or no bounce we will go a lot LOWER than anyone thinks. This is a wave 3 and I lived thru one in 87. If it is a 3 of high degree and i said IF-we could well have a decline of several hundred points in 2 or 3 sessions. Either way buckle up, helmets on and trail stops-lock n load! ;)

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GreenSpeekth:

 

*DJ Greenspan: US May Have Too Many 'Lesser-Skilled Workers'

Dow Jones Newswires

When will they open the re-education camps?

 

WASHINGTON (CBS.MW) -- Employment should pick up before long as the economic recovery gains momentum, Federal Reserve Chairman Alan Greenspan said Thursday. "In all likelihood, employment will begin to increase more quickly before long as output continues to expand," he told the House Education and Workforce Committee in prepared remarks. "We have reason to be confident that new jobs will displace old jobs as they always have, but America's job turnover process will never be without pain," he said. Greenspan warned against rising protectionism, saying it would hurt U.S. standards of living. Greenspan said the U.S. has a shortage of high-skilled workers and a surplus of low-skilled workers, despite higher levels of education in the workforce.

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GreenSpeekth:

 

*DJ Greenspan: US May Have Too Many 'Lesser-Skilled Workers'

Dow Jones Newswires

When will they open the re-education camps?

 

WASHINGTON (CBS.MW) -- ... Greenspan said the U.S. has a shortage of high-skilled workers and a surplus of low-skilled workers, despite higher levels of education in the workforce.

Speaks volumes on the quality of Merkistani ejucashun, does it not? Even at the"higher levels."

 

I wonder if Mr. Greasepan intended the implication. Another potential scapegoat for future use, or simply another senile rambling?

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Companies File Reports on Pension Plans

Thursday March 11, 1:18 am ET

Filings Give First Glimpse of Companies' Pension Investment Strategies

 

 

NEW YORK (AP) -- Aetna, Honeywell and DuPont. Each has a pension plan worth billions of dollars. Now, the world can see for the first time where those big bucks are invested.

A new rule that kicked in this month requires any company with a traditional retirement plan to file reports on its pension investment strategy

Though a company doesn't have to say exactly which stocks its pension holds, it must tell for the first time what share of the plan is invested in stocks, bonds, real estate and other vehicles. It must also give new information about how much cash and stock it expects to pump in.

 

Among recent revelations, for example, is that while Aetna Inc.'s $3.5 billion plan is smaller than the Honeywell International Inc. or DuPont Co. plans, it had a bigger share of its pension assets -- 66 percent -- in stocks last year.

 

http://biz.yahoo.com/ap/040311/on_the_tick...on_plans_1.html

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