Saturday, August 21, 2010

downward spiral resumes....

Where we're at:

DJIA 10,213.62
S&P 500 1,071.69
10-Yr T-Note 2.61%
s&p P/E: 19.68
VIX: 25.49

equity: 28
bond: 33
cash: 40

1 yr: 6%


The deadline for the new IT positions passed and I have heard of a few people who applied, including our team lead. I think he has a good chance to get one of the 3 manager spots under our director. I'd like to go for his current spot if that happens, but who knows. I think we will wind up reporting to the the architect. The contract talks started this week. I can't the union people striking, unless they want to kill the company. They know that if they strike, they can all be replaced, probably easily. The language is starting to get dark again (low orders, continued cancellations). I'm trying to not worry about what I don't control.

Health, family, home, job, investments in that order.

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