The political rhetoric moved to the courts and swamped the race track last week. Even the seasoned mudders could make no headway.
How many shades of red (ink) can there be?
Investors are grasping comfort from the Treasuries. The save savers continue to lead the pack with 30-Year-T-Bond at the front, followed closely by EE Savings Bond, 90-Day T-Bill and Money Market Fund.
Gold was moving in the right direction, followed closely by Lipper Mutual Funds — despite Lipper's loss of $122 for the week. Blue Chip and Silver posted the largest gains (as of the market's close last Wednesday) but were still losing ground for the year.
It was another bleak week for technology stocks. Many hit their 52-week low, led by computer company Gateway which plunged 39 percent.
Even the big tech boys, Microsoft, Dell and Intel, lost more than 10 percent in just one trading day.
Consumer holiday spending remained sluggish out of the gate which does not bode well for retail stocks.