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REPLY TO THREAD
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STOCK-MARKET will re-evaluate stock-prices in the next Quarterly earnings report,, gonna be a real "back-breaker" for Wall Street.
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Original Message
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As more layoffs continue US public companies will produce less because of downsizing and report less profits for the next Quarterly earnings. I believe and correct me if I'm wrong stock-prices will reflect those downsized earnings.
It is also my belief that everyone should wait for at least 2 more Quarters (6 months) before venturing into any Equity investment, see whether employment stabilizes, and buy into your portfolio when hiring begins because those companies hiring will report higher earnings and you'll eliminate the stress of sitting on your portfolio for the long run up and instead enjoy a sweet ride.
Pass it on if you think it be good advice, and score some points in Heaven.
LAYOFFS
[link to www.layoffdaily.com]
Maquiladoras Plants -40,000
Panasonic Closing 27 Plants -15,000
Banks, Funds, Insurers -312,500
Schwarzenegger Threatens To Layoff 20,000
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