No Strike...

Where we're at:

DJIA 10,607.85
S&P 500 1,125.59
10-Yr T-Note 2.75%
s&p P/E: 20.56
VIX: 22.01

equity: 29
bond: 32
cash: 39

1 yr performance: 3%

The local machinists voted yesterday to reject CSNA's offer, but didn't have the votes to strike, so they will live with a 7 year deal. Glad that's over with, but now we wait and see how production and jobs are cut for 2011. I'm not worrying about what I don't control. Still no word on the IT reorg. The CIO is out next week, so probably no movement until the end of Sept. I was confident that our lead was going to get promoted, but now I'm not so sure. Surely people notice how much he is gone and that he comes in at 9:00 and leaves by 4:00 most days. Oh well.....

This weekend we (mostly spouse) attended a seminar on employment opportunities for special needs adults. It was very good. We also went on a tour of places that will assist those folks with working.

September 4 2010....

Where we're at:

DJIA 10,447.93
S&P 500 1,104.51
10-Yr T-Note 2.71%
VIX 21.31
s&p P/E: 20.28

equity: 28
bond: 33
cash: 39

1 yr 3.57%

Happy 49th to me. I drew the short straw and am on call this weekend, but that's ok. Perhaps I'll score some points with the group lead. Our team lead will probably learn his promotion fate this upcoming week. I still think he has a good chance to go up. It's a toss up what will happen to us, but I think we'll report directly to the group lead. Some pros and cons with that. Regardless there are some things he won't want to do that will roll downhill plus our rotation will only be 4 people.

The market had a bounce this week, ~65,000 net jobs created so it celebrated. Seems wacky, but it wants to go up on ANY good news. Two years and counting since Lehman Bros failed and jumpstarted this mess...