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B4 The Bell, Humpday, May 19


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Qwest Communications International has shed more than 800 jobs since the end of 2003, and anal cysts predict as many as 5,000 more could go by the end of this year.

http://www.denverpost.com/Stories/0,1413,3...2156797,00.html

 

 

Continental raises fares, eyes layoffs

http://www.nj.com/business/ledger/index.ss...94742495060.xml

 

 

Hundreds of HPD civilian employees to be laid off

http://www.news24houston.com/content/headl...D=29239&SecID=2

 

Local Federal Reserve branch eliminating 51 positions

http://sanantonio.bizjournals.com/sananton...17/daily19.html

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Hey Col. Dashley....

 

Did you see this???

 

Taiwan's Taiex rose 302.90 to 5860.58. Taiwan Semiconductor Manufacturing Co., the world's largest supplier of made-to-order chips, jumped 6.7 percent to NT$55.50. Cathay Financial Holding Co., Taiwan's largest insurer, climbed 6.4 percent to NT$57.

 

The National Stabilization Fund, which has NT$130 billion ($3.8 billion) in cash on hand, will buy stocks at an ``appropriate'' time, said Gordon Chen, vice finance minister and executive secretary of the committee that oversees the fund said. He declined to elaborate.

 

``The government entered to support the market, focusing on financial shares,'' said Charles Chen, who helps manage $149 million at JF Asset Management Co. in Taipei.

Yes, I read it last night. The gaming is just beginning as all the centreal planners will now begin openly supporting the markets. The Greenspan put gone global. No risk. Just buy stocks.

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Quote Dr Stool, yesterday:

Sherlock-

 

The interest paid on T notes and bills is determined at the auction. In other words, market. Last week's 5 year notes went off at around 4.85. They traded as low as 4.70 yesterday. Dem's the breaks. We are on the hook for 4.85.

 

Keep in mind, the gummit is only a conduit. We, as in I, you, me, and us, pay the interest.

_______________

 

Thanks, Doc!

So the additional $25B requested last week by Defense will cost $1.2B more.

When you consider the total debt, the numbers are beyond comprehension.

 

Yesterday, McCain and Lieberman joined forces to push for fiscal reform.

 

How about starting a "Fiscal Reform Party" and elect McCain as President?

He sure is coming across lately as strong Presidential material. IMHO

We need to get our house in order before we "fix" all the other things in

our society.

 

Bad news coming out of Gaza this morning. Horrific!

 

Sherlock

McCain may just end up with the Republican nomination if the whole truth comes out.

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Morning Crew- The PPT has been working overtime, last week 52.3% of ALL trading was PROGRAM trading and that was an ALL time, ALL time record. The Markets are at critical resistance here right across the board I think the intent is to run in place till option expiry the question IS can they? The overall direction is down-now is patience time. Window at the Bell for 45 minutes-Helmets on, Buckle up! ;)

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