Chris, are you still standing by your statement that the market will be fine until August? It sure seems a bit wobbly now with the Bear Stearns/Brookstreet imbroglio.
It sure would be ‘fun’ for some of the economic data coming out next week — home sales, personal consumption — to be weaker than expected. One can only hope (we Catholics don’t pray for economic windfalls, only for aid in more mundane, fundamental matters, such as finding a job).