Three Peaks and a Dome House
Is the Dow going to dip under 10,000 and are we looking at a dip in the stock market? A simultaneous housing market bubble burst? There are good things today on Wall Street as Oil is retreating, but doesn’t it always after a three-day weekend? Don’t they always have some great excuse for high prices on three-day weekend holidays? Yes always and some are as good as the Hurricane Katrina reason, I mean that is certainly justifiable isn’t it? Meanwhile the airline industry already in bad shape and four airlines near bankruptcy and oil supply and capacity causing high side prices is causing ripples throughout our civilization. God help the independent truck drivers? Retail also taking a hit. Mervyns is calling for the closing of 64 stores and laying off some 4800 folks, which is not too concerning as unemployment is at a record low. Will we see a 2006
