Friday, October 20, 2006

12,002.37

The Associated Press is really a joke.

What's the headline for its story on this week's economic news?

"Dow drops 9 on weak Caterpillar forecast"

Oooooooh. I guess that means the economy sucks!

HOW LAME!!!

Talk about NOT looking for the silver lining!

The AP article includes these FACTS:



The Dow Jones industrials ended the week up 41.86, or 0.35 percent, to finish at 12,002.37. The S&P 500 index rose 2.98, or 0.22 percent, to 1,368.60.

The Nasdaq fell 14.99, or 0.64 percent, to end at 2,342.30.

The Russell 2000 index closed the week down 0.52, or 0.07 percent, at 762.13.

The Dow Jones Wilshire 5000 Composite Index — a free-float weighted index that measures 5,000 U.S. based companies_ ended the week at 13,717.72, up 21.41 points from last week. A year ago the index was 11,784.94.

Why not be more upbeat about the economy? Why report its status in such a negative way?

Answer: The Dems aren't in charge.

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