After reading this article about our wonderful Auto industry CEOs I wouldn't give them a plug nickel. All of them came to the meeting yesterday in their own private jets.
In other financial news the market took another dump today. Not that I really care at this point because I'm not in the market but I did hear a short time ago why it keeps going up a bit and then down by a bunch. It works like this (don't quote me though). People buy shorts which is a bet that the market or industry or company will go down in price. It's an attempt to cover downturns of a company something like insurance. So now we have people cashing in on their shorts. To add to this you have investors trying to find a bottom to the market. They are buying thinking that the bottom has been reached. Some stock prices are at historic lows but they could go lower or even bust leaving a trail of worthless paper. I had almost considered buying WaMu when it dropped to $2 to $3 a share. Glad I didn't as shares are now of TP value. I could have used it as Charmin in the bathroom. General feeling is that the market will continue to drop to the 7000 level and if it goes much lower than that then the whole economy will be at an end. Think of it this way. Right after 911 you could have rolled a bowling ball down the isle at any local mall and you wouldn't hit a customer.