Where we're at:
dow: 9820
s&p: 1068.30
10 yr: 3.47%
s&p P/E: 19.08
VIX: 23.92
equity: 35.6
bond: 31.3
cash: 33.1
1 yr: -1.32
I'm very proud of my wife. Just 3 weeks ago she was laid off from her job of 17 years. She contacted the people she knew from her customer base, friends, and acquaintances. From this list, she received some help that ultimately led to an opportunity that seems like a good fit.
We'll still be on her insurance for another month, by then (end of Oct.) I should know about my job. My gut still "tells" me that I am safe for now, but who knows. We are hearing that overnight support will continue for the DW for awhile and there seems to be enough work for 3 internal + 2 offshore resources. 2010 will still be up and down. Hopefully if I make it through this cut, CSNA is staffed correctly. Fourth week of furlough starts on 9/28.
The market continues to run up, it still seems too far too fast, so I'm cutting back our investments except for tax deferred accounts.
Saturday, September 19, 2009
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