European roller coaster....

Where we're at:

Dow: 11796.16
s&p: 1215.65
10yr: 2.01
s&p P/E: 20.34
VIX: 32

equity: 29
bond: 31
cash: 40

1 yr: 3%

The Europeans seem bent on knocking down the world economy and thumbing their respective noses at the rest of the world. So, we have another weekend of wondering what will occur Sunday night. I continue to 'dribble' money into JNK and our target funds. The world goes on and we're not getting any younger.

The company continues to leak people and not replace them. Our department attrition appears to have stopped, probably for this year. But, I predict that we'll lose more people next year, especially if IT continues to perk up. Our new director is saying the right things going into the new year, we'll have to see if his ideas happen and we get a chance to work on them. Our lead continues to micro design everything, hopefully we can break that cycle some next year. Rumor is we're doing ok this quarter.