Could It Be?

The credit markets seem to be settling down... at least today. Countrywide took a nice bounce, and calm seemed to come to this area. As a result, the Dow posted a 1% rise. NASDAQ gained, but not nearly as much, and the broader S&P experienced a nice jump. We're not speaking about this too loudly, though, since uncertainty still lurks. The only notable trend on markets has been volatility, so today's gain may disappear tomorrow. For now, we are basking in the glow! Oil topped $80, so this commodity may now take center stage. DJIA +133.23 NASDAQ +8.99 S&P 500 +12.39