Sunday, May 16, 2010

no forced time off in July...

Where we're at:

DJIA: 10620
S&P: 1135.68
10yr: 3.44%
VIX: 31.24
s&p P/E: 20.6

equity: 28
bond: 32
cash: 40

1 yr: 14.5%

Two weeks ago, the rumor came down that we'd be forced to take off during the first week of July. This is the normal 1 week facility shutdown for CSNA. This week, the IT head said that was not correct, so we can take vacation in August instead. I'm still optimistic, but will hedge by hoarding vacation time until the EOY. I still believe we'll have some sort of furlough this year. Group lead reported 14 orders from a European conference and we have >400 proposals out to people. So some optimism is warranted. This was a fast school year. Like I tell myself, the older I get, the faster time passes. A minor milestone, I crossed over 3 years this week at TXT.

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