January 2012....

Where we're at:

DJIA: 12422.06
s&p: 1289.09
10 yr: 1.853
s&p P/E: 21.21
VIX: 20.91

equity: 30
bond: 33
cash: 37

1 yr: 0.91%

The market made a bit of a comeback this week (dow up ~60 points). The s&p is staying above its moving average (~1250). I've done some trades lately, TXT at 19.10 and JNK at 38.60. JNK to exchange into V high yld corp. TXT because I was approaching 10% in 401k. This week TXT made a move on rumors the company may explore spinning off businesses to increase value. Who knows, there may be a comment during the January call. Goals for this year include: decreasing cash in spouse's IRA. max out HSA, increase 401k contributions, and staying employed (as usual).

Work is starting off ok, spouse's company's acquisition to LOGM closed this week. I think she'll be fine for the next year or two. CSNA will continue to muddle along, hopefully we'll deliver enough planes to keep employment stable. I'm still optimistic this will be a good year for me, but we'll see. 4 months to go.....