Topsy Turvy Day

The day started off bright, with the Dow quickly gaining more than 100 points. Clouds came in, as American Home Mortgage's situation grew more bleak. They are another victim of the subprime situation. Personally, I think these guys made their own beds on this one! Also, oil was a player in the market today, as it tipped over $78 per barrel. Ah, same old, same old. On another note, News Corp. is set to seal the deal with Dow Jones. I'm not sure how I feel about Mr. Murdoch at the reins of WSJ. GM is looking rosy. Despite continuing good news on most fronts, markets dropped significantly at the end of the day. DJIA -146.32 NASDAQ -37.01 S&P 500 -18.64