Where we're at:
DJIA 11,858.52
S&P 500 1,279.20
10-Yr T-Note 3.28%
s&p P/E: 23.17
VIX: 24.44
equity: 31
bond: 32
cash: 37
1yr: 9.7%
The middle east and the turmoil in JPN finally knocked the market back a bit, but not enough for me to buy. It still seems overvalued and time for a 5-10% pullback. So, I'll continue to wait. I'm close on my six sigma project, by the time for my next entry the project will be done and I should certify in April. I'm feeling confident about making 4 years with TXT, but still give my odds at 50/50 for 5 years.
I'm still trying to figure our manager out. When we had a lead, he seemed content to bark out orders and expect them to be followed, now he wants recommendations. I may need to have a one-on-one for clarification. Our IT shop continues to trickle staff out, most seem to head for another aerospace shop. We were told that IT would have no new head count for 3 years, but staff leaving will be replaced. In a macabre way, it's better for the rest of us.
Saturday, March 19, 2011
Saturday, March 05, 2011
market beginning to struggle...
Status
DJIA 12,169.88
S&P 500 1,321.15
10-Yr T-Note 3.49%
s&p P/E 23.93
VIX 19.06
equity 32
bond 32
cash 38
1 yr: 9.7%
The market is beginning to show signs of struggling just as stragglers continue to buy. Between uncertainty about the future of QEx and the middle east, we're up one day and down the next. Oil is back over $100 / barrel and may choke off the US recovery. For us, I'm glad we have our bonds and cash. We've had a good run and I (still) look for a 5-10% drop. When that happens, I'll put some spouse IRA money to work. But I 'm not looking to sell any of our positions. I like all of our holdings.
Spouse's work is really moving along. CSNA is "same old, same old", more depressing aircraft stats. But, I'm hanging in there and I must be there for a reason. We may not take a vacation if gas goes over $3.50 / gallon, just like 2008. With my bike and a new rack, I'm content to drive around the area and get rides in. Still trying to make it until May and get to 4 years. I think I'll have lunch with my previous boss to get some insight on the current one. Still trying to figure him out. Six sigma work is almost done, I'm pushing towards a 3/31 goal.
DJIA 12,169.88
S&P 500 1,321.15
10-Yr T-Note 3.49%
s&p P/E 23.93
VIX 19.06
equity 32
bond 32
cash 38
1 yr: 9.7%
The market is beginning to show signs of struggling just as stragglers continue to buy. Between uncertainty about the future of QEx and the middle east, we're up one day and down the next. Oil is back over $100 / barrel and may choke off the US recovery. For us, I'm glad we have our bonds and cash. We've had a good run and I (still) look for a 5-10% drop. When that happens, I'll put some spouse IRA money to work. But I 'm not looking to sell any of our positions. I like all of our holdings.
Spouse's work is really moving along. CSNA is "same old, same old", more depressing aircraft stats. But, I'm hanging in there and I must be there for a reason. We may not take a vacation if gas goes over $3.50 / gallon, just like 2008. With my bike and a new rack, I'm content to drive around the area and get rides in. Still trying to make it until May and get to 4 years. I think I'll have lunch with my previous boss to get some insight on the current one. Still trying to figure him out. Six sigma work is almost done, I'm pushing towards a 3/31 goal.
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