higher interest rates..?

where we're at:

cash: 35
bonds: 31.5
equity: 33.5

1 yr: -11.54%

dow: 8500
s&p: 919.14
10yr: 3.465%
VIX: 31.67

The 10yr rate appears to be advancing, so I'll lock in a ST gain (lt loss) on int-TE and exchange to ltd term-TE. I'm still betting on higher inflation and taxes LT. Int'l stocks seem to be doing better (especially emerging) over the near term. Oil and gas have been going up, which has helped EWC. J seems to be over the MD issue. I'll make it up on her birthday.

A completed 7th grade and is back in YESS. I know there is plan for him, we'll keep looking and help him find it. The latest rumor is lower deliveries in 2010 and more IT layoffs. I still think I'll survive through 2009, but who knows for 2010. My plan is to opt out of furlough unemployment comp in 2009 and evaluate it for 2010. If I'm laid off, I'll be glad I passed. We decided to go to CO, we're both employed and have the money. The trip is short and won't cost very much. It's the right call.