24 January 2006

Doom And Gloom Looses. Again.

Monday morning Katie Couric had one of the NBC business "experts" on with her to discuss the announcement from Ford that they were going to close a large share of American auto plants.
The two of them talked about how the economy was going to suffer, the Dow was going to continue dropping as it had on Friday, and blah, blah, blah, blah...

Monday's numbers
Dow 10688.77 +21.38
NASDAQ 2248.47 +0.77
10-Yr Bond 4.359% -1/32
NYSE Volume 1,653,204,730
NASDAQ Volume 1,888,414,102

Today's numbers as of 16:00
Dow 10,712.22 +23.45 (+0.22%)
NASDAQ 2,265.25 +16.78 (+0.75%)
S&P 500 1,266.86 +3.04 (+0.24%)
10-Yr Bond 4.39% +0.03
NYSE Volume 2,568,276,000
NASDAQ Volume 2,067,469,000

Yea that's right the economy is in the tank.

to quote Nelson Munch

Ha Ha!

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