Nine Months Ago . . .

As I have become a Facebook user over the past month, I have been uncertain as to how to use the blogs that I have created.  There have been some political items I have brought up in Facebook, but I am now thinking that I would be happiest to keep politics and Facebook separate.  Kind of the way Michael Jordan never endorsed Democratic or Republican candidates because why would you want to alienate half of your audience.  

But this site is for politics and if you're here you know where I stand.  

I wanted to take note of the fact that the S & P 500 today reached 1000 again for the first time since Election Day 2008.  The beginning of what I earlier called  Obama's Crash of '08.  His election marked the beginning of a steepening downward fall for stock prices.  Over the last three months, stocks have finally recovered to their November 4, 2008 value, and it is only fair that we note that.

Why is this happening?  I do not know.  I am an inactive trader right now because I do not feel confident that I understand the market and the government's efforts to intervene.  Perhaps the fact that Obama is facing struggles to implement his agenda is buoying the market.  It is certainly making me more optimistic!