The market flopped up and down this week, its sentiment apparently driven by the European activity on Greece and the other PIGS. The S&P and the DOW both finished down about 4%. The DOW is down about 2.25% YTD, s&p is down about 2.5% YTD. TXT bounced all over the place this week as well. Makes me glad I sold a bit at $22 in April. Spouse was mad this weekend that we did not go to a concert or out of town. She blamed me and thought I was being cheap and giving excuses. Sometimes she doesn't get what I do on the weekends. Chores and work take a lot of time and I don't particularly want to do everything on one day.
CSNA continues to make me nervous. If Europe starts to tank, that's one less potential market for airplanes. Who knows how the 2nd quarter is going, we won't know until a workforce planning update or the earnings call in July. This shop is ridiculous, two PMs to manage a dink departmental project. As I told the lead last week, all of the processes are around to support a bloated, self-important staff.
Sunday, May 23, 2010
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