Good Times, Bad Times

Market rallies early, as investors were excited that the first-time jobless claims were only 473,000 instead of the median forecast 490,000. Phew, only 473,000! Good times! But then, just as the party hats were being passed out, concerns about the economy returned and the gains were reversed, bringing the Dow below 10,000 for the first time since July 6th.


DOW down .74%, SP500 down .77%, and the Nasdaq led down with a 1.07% fall.

Have you taken a look at a chart lately? Talk about a whole lotta sideways.

I’m thinking early on, that I should be buying near 1040 on the SP500. The market heads up early and I wonder if I “missed” it, but still worried that there is a bunch of September ahead of us. And September tends to be a bad month for the markets.

September can also be a bad month if you have a bad fantasy football draft.

Anyway, remaining patient. Closing in on month-end and paydays. Could see the dollar cost averagers coming in on light volume to lend some support to the upside

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Bristol Palin to join Dancing With The Stars. Hey, that's coming up, too. So I give you a picture of Cheryl Burke.