Welcome to furlough friday in the state of California. Governor Arnold Schwarzenegger forced state workers to take the first and third fridays of the month off, combined with a 10% pay cut.
It didn't seem like traffic was affected much this morning. But it's raining and maybe that snarled things up a bit
The market raced up early and has so far continued to move higher. Financials seem to get either the credit or blame.
There is lots of speculation on whether or not an announcement on the financials will be made next week. Let's hope it's not to nationalize the banks!