Christmas 2010....

Where we're at:

DJIA 11,573.49
S&P 500 1,256.77
10-Yr T-Note 3.39%
s&p P/E: 22.95
VIX: 16.47

equity: 30
bond: 32
cash: 38

1 yr: 4.81%

CSNA started their break on 12/24. I finally found the road bike that I've been looking for on the net. It looks great and has quality components, hopefully I'll love it. The place was dead on Thursday, a peer and I worked and left around 13:00. We had lunch with our laid off peer on Wednesday, he has found another job and seems very happy. It was the first time we saw him since early October. I'll stay in touch in case I need to look for something in 2011.

We had a good year in spite of the US economy. I must have done enough of the right things to stay employed, I'll continue to learn about mining and finish my six sigma cert. Right now, I just want to make to May 2012. By not acting emotionally, our portfolio recovered and even eeked out a small gain. The only regret I have is not reinvesting spouse's rolled over IRA, but who knew, the market was and still seems to be overvalued. I'll be patient and get in on a correction, which I'm confident will happen in 2011. We've had 3 straight up months and are due.

Bonds prices take a tumble....

Where we're at:

DJIA 11,410.32
S&P 500 1,240.40
10-Yr T-Note 3.30%
s&p P/E: 22.65
VIX: 17.61

equity: 30
bond: 32
cash: 38

1 yr 4.75%

The 10 year note spiked above 3.00 for the first time since June. The Bond Bullies seem to want to give the Fed a message. I hope they're listening. CSNA's CIO is leaving for TXT and the TXT CTO is coming here. So, who knows if all of her realigning will be dismantled. The 4th quarter has been good, I have been able to work all 3 months, something I had planned for in case it did not work out.

The new lead seems a bit more open minded than I thought, we'll see how the PMP process plays out next year. I have started the countdown to my 5 year anniversary at TXT, I hope I make it. I put my odds at 50%.