Friday, October 31, 2008

Worst Month in 21 Years

  • Worst October in 21 years. The DOW lost 14.1% and the SP500 was down 16.6%.
  • 21 is also the drinking age. Coincidence?
  • Always the topper, oil did have its biggest monthly drop ever. 35%.
  • I did go to Hooters for lunch. Jam-packed. No recession there. The Hooters waitresses were in costumes. At my table we were served by a lady bug. I swore she was going to knock some drinks over with those wings!
  • McCain thinks that he is coming back strong. His words. Well, he's got a lot of coming back to do. Today's whatever poll has Obama up more than the margin of error, but does note that the undecided vote may be around 14%.
  • Of course, folks like to hop on the bandwagon. Like all those Phillies fans that suddenly showed up in your office this week. So a lot of the undecideds could run to the presumed winner, Barack Obama.