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Old 19 February 2008, 08:00 AM   #1
JimSnyder
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Recession Hits Home

I don't post many threads but I do read everyone. Just waiting for the day when I could again justify buying a Rolex. I just need to vent. Well 17 years of being an Electrician just went down the tubes. Today I was laid off. The Housing Industry has died. Being a father of 6 with half of them grown things were starting to look better. The better part of my watch collecting are older Seiko automatics. I have had the fortune of owning several Rolexs in the past(a Pepsi Gmt and a 5513 Sub, both being very affordable at the time) but when the family started growing there values were put to better use. Sad part is my wife understanding my watch sickness for a non date Sub had just made a deal with me last week. Coming up on my 48 birthday in a few months she said I really ought to consider quiting smoking. Her deal to me was I take the money I spend on cigaretts every week and open a savings account to save for a new 14060. When I had enough money in the account I could buy it. The plus being I quit cigaretts. It would have been a long year but it would have been worth it. My wife is at work now we are lucky she has a good job but things will be tite. And it sure is a blow to the ego. Reading you guys post sure helps me smile. JJ and Jocke you 2 crack me up. East Bay Rider I love your avatar. Al your signature is great. Ed your avatar Sub add is one of the reasons for my love of watches I remember that add while I was growing up. Bo, Velitsko, Scott, Larry, C.J., Paul, Mike, Paulie, Allan, Jason, Dan, Padi56, Eddie, Karis, KansaiVet, Fraser, your all a great group of people. Sir I really like you Seiko 173. Vukota you have some nice Seiko's. Mailman Is T alive or.... I love the Sopranos. And last Pat you forum name says it all, Incurable. Thanks for listening everyone; Jim
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Old 19 February 2008, 08:05 AM   #2
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Sorry to hear about your job.


Keep your chin up, and I'm sure things will work out ok.
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Old 19 February 2008, 08:07 AM   #3
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Hang in there.
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Old 19 February 2008, 08:08 AM   #4
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Hi Jim,

Thanks for sharing your thoughts and sorry to hear your bad news. I hope things turn around quickly for you and you soon get to buy your 14060.

Cheers - Simon
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Old 19 February 2008, 08:09 AM   #5
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Great post, Jim.....thanks for sharing those sentiments.

Sorry to hear about your job loss. I went through a similar hell last year....but pulled out of it with a dash of optimism and a wide smile!!

Keep that chin up, pal....we're all here rooting for you!!

Good luck.....just hang in there.

JJ
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Old 19 February 2008, 08:12 AM   #6
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Take care....
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Old 19 February 2008, 08:14 AM   #7
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Really sorry to hear this, things will get better for sure just try and stay positive
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Old 19 February 2008, 08:15 AM   #8
Tools
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Sorry to hear that Jim...
But I've been there....I was an Air Traffic Conroller in 1980...When you've been fired by the President of the United States, it's hard to get a decent job right away....

Things will turn around, they always do..... That Rolex is going to be just arond the corner....
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Old 19 February 2008, 08:15 AM   #9
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Old 19 February 2008, 08:18 AM   #10
Ed Rooney
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I am sorry to hear that Jim. This housing market is really a big problem. I have my Minnesota house rented and I am in a rental home here in Annapolis. Hopefully this thing will turn around in 2008.
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Old 19 February 2008, 08:22 AM   #11
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I hope the very best for you, Jim!

I am sure everything will work out for the better soon!
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Old 19 February 2008, 08:23 AM   #12
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Hi Jim,

Sorry to hear about the downturn in the States.

We hope that this is a temporary situation and that things improve soon.



Eddie, Janet, Laura & Ashley.
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Old 19 February 2008, 08:35 AM   #13
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Jim,
One door closes and another opens up. You'll come out of this. Might take time and nobody likes being forced into anything but what doesn't kill ya' will just make ya' stronger! The fact that you sacrifice for your kids will come back to you. I've been thru a few changes in the last couple years and can tell you it's possble to come out better on the other side.
And what the hell, ain't we supposed make big changes in our lives by the time we're 50?
All the best to you and your family. I see a day, in the not so distant future, with you wearing another Rolex with pride.
dP
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Old 19 February 2008, 08:37 AM   #14
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There is a lot of transition going on right now.

You will come through this and with your great attitude blessings will come to you. Your flow fill be even richer and better soon.
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Old 19 February 2008, 08:38 AM   #15
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I'm rooting for ya Jim! I went 9 months after the dot-com I was working for bounced paychecks for 6 weeks. You have the spouse, so that's a big help.

The quitting smoking deal is a great offer, do it but I'd just keep the cash in reserve. There will be plenty of time for more watches in the future. Rolex is making a million a year, they won't be running out anytime soon.
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Old 19 February 2008, 08:41 AM   #16
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Jim, I'm sorry to hear about your situation. Hang in there! There are situations in life where your priorities have to change and focus on more important things than Rolex watches. I'm sure you will get through it and the smile on your face when you put on your 14060 eventually will just be that much bigger.
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Old 19 February 2008, 08:45 AM   #17
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Jim, what can I say to such a heartfelt message?!? Thanks for the kind words, and just to say that you KNOW things will get better. They will!!! Hang in and keep some laughter in your heart.

Many of us here on TRF have had ups and downs, and the experience tends to make us stronger. You will be fine!

Cheers to you and your family. Keep logging on and keep smiling!!!
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Old 19 February 2008, 08:49 AM   #18
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Sad to hear. As others have said, keep your head up and use this episode to determine what type of work you really want to do.

Good Luck
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Old 19 February 2008, 08:53 AM   #19
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Hang in there Jim
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Old 19 February 2008, 09:03 AM   #20
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Best of luck!
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Old 19 February 2008, 09:21 AM   #21
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What a crappy day Jim. I'm sorry to hear about it. But stay positive. Your luck WILL change!

Between my husband and I, we've been laid off FIVE times How's that for bad luck?! But we came through it stronger and that much more appreciative of what we have. At one point neither of us was working for 6 months.

I KNOW there's a light at the end of the tunnel and as far as the watch goes, I'm sure you'll get your Sub.

Chin up friend
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Old 19 February 2008, 09:22 AM   #22
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Hey Jim,

Sorry to hear the bad news, but hey, other than the football teams, being from Ohio isn't all that bad. Only kidding. I'm from Pittsburgh, but my wife and in-laws are from Crawford County Ohio. Good people.

Seriously though, I do hear a lot of good news.
Where do I start: you've obviously got a great wife. She still has her job and you've been blessed with six children.
You've been fortunate to have job security for 17 years and more importantly in a trade where there is demand. Perhaps that demand is down right now, but it will be back.
And, if you don't change careers in the meantime, you will be back at that career before long.

More importantly, youv'e decided to quit smoking. In my opinion, if you can quit to get a Rolex, you can not afford not to quit, now that you've been laid off.
Take that cigarette money and put it in the Rolex account. At least if the cash is there, you can use it for necessities if the need arises. If it's spent on smokes....

Sincerely,
Tempus Fugit,
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Old 19 February 2008, 09:24 AM   #23
mike
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Boy Jim, I'm so sorry to hear this. Hang in there my friend. While it may be hard to see now thing have a way of working out, and usually much better than before.
I'm pulling for you.
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Old 19 February 2008, 09:25 AM   #24
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Hey Jim, I know the feeling that you're going through. I got laid off during the tech bust and was unemployed for almost a year. Ended up finding a job in retail and manufacturing just to have one. Eventually I got back on my feet and where I want to be. I'm sure the same will happen for you. Things are going to be tough, but they will get better.

People will always need electrians. Good luck.
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Old 19 February 2008, 09:37 AM   #25
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Quote:
Originally Posted by Dan Pierce View Post
Jim,
One door closes and another opens up. You'll come out of this. Might take time and nobody likes being forced into anything but what doesn't kill ya' will just make ya' stronger! dP
I was just going to say the exact same thing !!!
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Old 19 February 2008, 09:43 AM   #26
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Don't despair, Jim - things always have a way of turning around. My husband lost his job during each of my pregnancies (and during the second one, I lost my part-time job as well). But each time, things ended up better than before. Everything certainly isn't wine and roses all the time, but always look for the light at the end of the tunnel!
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Old 19 February 2008, 09:50 AM   #27
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sorry to hear this jim. one of the best things is you don't have to own a rolex to come here and spend time with this wonderful community. i wish you luck through this down time. take your cigarette money and put it away for your family in case thing get worse. if they don't, when things get better the money will still be there and you can get your self that favorite watch you have been wanting then.

just remember, this to shall pass.

marcus
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Old 19 February 2008, 09:54 AM   #28
JJ Irani
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.....but always look for the light at the end of the tunnel!
I try so hard, but these damned sheep keep coming in the way!!
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Words fail me in expressing my utmost thanks to ALL of you for this wonderful support during my hour of need!!

I firmly believe that my time on planet earth is NOT yet up!! I shall fight this to the very end.......and WIN!!
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Old 19 February 2008, 09:59 AM   #29
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I try so hard, but these damned sheep keep coming in the way!!

That's 'cause you look so handsome in that sportcoat!!
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Old 19 February 2008, 10:01 AM   #30
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Sorry to hear the unfortunate news but I am sure you will find another job soon since you have a skill as an electrician.
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