On Wed, 14 Oct 2009 15:33:32 -0700, "nom=de=plume"
wrote:



Yeah, you're probably right, but it is one of several signals that things
are not slipping quite so fast. I heard on NPR that foreclosures will
continue to increase until mid- to late next year. The next big test will be
the holiday shopping season, if nothing more than to show if confidence is
improving. I am making my list of gifts, but I'm not going to go hog
wild.... maybe an iTouch here, a netbook there, here a book, there a book,
everywhere (else) a book/book.

The only thing the DJIA has signaled in many years is debt.
The higher the DJIA the deeper the nation is in debt.
Not hard to post good earnings when the U.S. taxpayer forks over
trillions of bucks to Wall Street.
Here's a pretty chart.
http://money.cnn.com/news/storysuppl...ker/index.html
But at least we can be thankful for the record bonuses divvied up by
Wall Street firms.
hehe.
Same old, same old. Glad Obama is bringing hope and change though.
Let's see if his health care program heavily subsidies the health
insurance companies with taxpayer money, while premiums continue to
rise.
That might be harmful to him.

--Vic