Monday, October 25, 2010

Dow Jones Industrial Average - As Volatile As Ever...

Today... we have 11,171.09. On the opening day of 2010 the DOW reached a 15 month high closing at 10,680.  April 29th the DOW closed at 11,167.  In August it dipped to 9,985.  And like I said today we are back to 11,171 or so.  This election needs to conclude before the market will stop jumping around like an equalizer at a techno club.

I'm going to follow the DOW to see what happens in the 4th QTR.

I forgot to blog in August that Rod Blagojevich's trial ended with the jury deadlocked on 23 of 24 counts.  But today, he won a delay of his retrial until April of 2011.  Blagojevich was convicted on a single count of lying to federal authorities about whether he kept track of campaign contributions and their sources.  Other politicians are not arrested for taking money for personal or political gain because it is legal to give money to support special interest in the US provided attorneys keep track of what money goes to what vote or something like that.  Blagojevich, 53, was arrested in December 2008 on charges that he tried to link official actions by his office to campaign contributions but the Jurors were unable to agree on  23 of 24 complicated counts.