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Message: Some curious results for the first quarter

I don't know Klaus.I don't trust the data the us government puts out and if thats what has motivated investors to buy small caps eventually the reality of the bottom line(profits or lack there of) will come home to roost.Today we get the employment numbers.What has astounded me is how the unemployment rate on a % basis has gotten down into the 8's(believe they say its down to 8.9%) with so little job creation.Where did all the unemployed people go?They didn't get jobs,they just disappeared it seems when it comes to calculating the percentage of people out of work.It seems in the us when you are no longer looking (given up in a futile search) you are no longer considered unemployed.That to me is what has really lowered the #'s.Eventually this has to show up somewhere when these people either return looking for work or when they run out of money and the econmy slows again because no one has any purchasing power.Time will tell.Cheers.

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