Saturday, October 01, 2011

Glad that quarter is over....

Where we're at:

DJIA 10,913.38
S&P 500 1,131.42
10-Yr T-Note 1.92%
s&p P/E: 19.45
VIX: 42.96

equity: 28
bond: 34
cash: 38

1 yr: -1.83%

Wow, the whole market goes as Europe is going. Up, down, up, down. It seems like commodities have joined the party, gold included. Oil is going down, probably because of weaker forecasted demand (and economic growth). I bought some last month, to begin moving out of cash and bonds. I am going to build a JNK position to "move the needle". Also, moving spouse's IRA cash position to some equity and REIT (love REITS). Goal is to squeeze out another 1%.

Work is stable, new director seems ok to work for, so far. The TXT call will be on 10/19, that and NBAA will drive morale for the remaining part of the year. Still no negative workforce rumors and project work is continuing. Peer leaves for medical leave on 10/10, so I'll be solo for awhile.

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