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

On Wed, 14 Oct 2009 17:53:04 -0500, Vic Smith wrote:


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.

This recession has changed something, Americans are saving. We are up to
5 1/2%. Can't say that it's a long term change, but...

"thunder" wrote in message
...
On Wed, 14 Oct 2009 17:53:04 -0500, Vic Smith wrote:


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.

This recession has changed something, Americans are saving. We are up to
5 1/2%. Can't say that it's a long term change, but...


That's a big change that might not go away. Once people see the result, they
have trouble stopping. I did this with my niece. She was 10. We talked about
compound interest in practical terms... say, you want to buy the latest mp3
player, but you don't have enough money, etc. I started her off with $300,
with the promise by her that she would not spend it for two years, that she
would still get her usual horribly spoiling behavior from her aunt that her
mom hates but tolerates. Two years is almost up and now she's saving for a
new computer. To be fair, she got the mp3 player as a gift. :-)

--
Nom=de=Plume