downward trend....

Where we're at:

DJIA: 10,012.23
S&P 500: 1,066.19
10-Yr T-Note: 3.55%
VIX: 26.11
s&p P/E: 19.33

equity: 27
bonds: 32
cash: 41

1yr: 7.68%

The market has come down for the last 4 weeks (~6%). I continue to invest the remaining 2009 IRA balance for both spouse and myself, buying on dips. 2009 showed me what "I am made of" and reinforced my belief in our holdings long term. I'll continue to not invest taxable funds, but will invest tax deferred to try and beat the taxman.

TXT had their 4th qtr earnings call this week. It was mostly downbeat but mentioned that 4th qtr jet orders were better than the previous 3 qtrs combined. In our staff meeting this week, the lead passed down notes from the CSNA SLT call. It was also mostly downbeat, all monitored indicators are still 'red'. However, IT projects are in the works for 2010 and will be announced next week. We may even get some training this year, and my data mining pilot was approved (now I have to find something). Spouse's work is steadily getting better, she is getting more comfortable and has not come home crying in several weeks (month?). We're both very fortunate to be working now and our jobs seem to smoothing out.