Up, then down, then up again

The market was all over the place today but all three major indexes finished in the positive. Stocks started the morning higher on the back of a couple strong reports from Amazon.com and Boeing. They saw a dip in the mid-morning when adverse housing news came in. "The home situation, with the implications in the subprime market," is so big in investors' minds now that they are sensitive to any adverse news about the sector, said Michael Cuggino, president and portfolio manager at the Permanent Portfolio Family of Funds. Are investors focusing too much or not enough on the subprime sector? DJIA +68.12 Nasdaq +8.31 S&P 500 +7.05