stock market fiasco

So....today the Dow Jones market went down 360 points. The Nasdaq went down almost 80 points. Not good.

But, the silver lining....things are relatively cheap right now.

General Motors (GM) went down nearly 11% today. What are the odds that it will rebound at least 2 or 3 percent on or near the open of the market tomorrow?

Same goes for Ford (F). Down 5.5%, likely to bounce at least 1.5% in the morning.

These are just my personal observations....but I think the term is actually called "the dead cat bounce"

We'll see what happens.

Money Girl Podcast

Well...I guess it is the end of a journey for the Money Girl. She started with episode #1 at the end of 2006. Here we are...seventeen months later and it all ended yesterday with her final episode.

She said it was time to move on to other endeavors....and I often feel the same way. Why do we often cling to those comforts in life? I love a good challenge.

So, if you ever read this out in the blogosphere Elizabeth, good luck, and thanks for all the fish! (a la Douglas Adams)