Stock Market

Not sure what the deal is, but the Dow Jones is up big this first day of October. There's nothing good going on in the world that makes me feel as though it's based on real data.

Of course the DJIA was at 150+ at the time when it close about half that.

I just know how my IRA is doing, and it's up up up. I freed some cash from some mutual funds last week in anticipation of a roller coaster  between now and January. The looming fiscal cliff has all the markings of bad news.  My gut tells me that a repeat of '09 could happen. My IRA lost half its value in the midst of that, so I hedge my bets whenever things like bond rating downgrades occur.

Just saw that I am not alone in my fears. According to Maria Bartiromo, "judgment day is coming."

I still think Facebook stock is overvalued. News says that Zuckerberg is in Russia to boost its presence.
I really don't get the value of it. Maybe it's because I'm in Ohio, but ALL OF THE ADS ARE POLITICALLY ORIENTED which means that the company will be hurting for money come November 7th.

Wow, did I just type November 7th? It's my Grandparents' anniversary, which means they would have been married 70 years! I feel old since I remember their 49th like it was yesterday. Magic Johnson announced his retirement from the NBA 11/7/91. I used to like the NBA then and felt mixed emotions given that I hated the Lakers.

I'm actually wearing one of my Grandpa J's flannels. It has gotten a bit worn around the collar and the elbows in the 18 years since he died, but flannels are meant to be worn as layering and I just wear it around the house.

I need new flannels. The last one I got was one my aunt gave me that my cousin no longer wore around the time in joined the Marines in 2000. The thing about flannels is that I don't believe in throwing them out until they are completely dead. Same way I feel about white t-shirts. J thinks I'm nuts for having a drawer of white shirts with stains and holes galore, but I wear them as undershirts. Layers that no one will see can be stained and holey as far as I'm concerned. Then again, I wear such shirts all the time when I mow the lawn or do things around the house that may involve bleach or grease. Clothing must literally fall to threads before I consider tossing it, which is why I have had a few pairs of crotchless jeans.