QE2 Not The Cruise Ship

Fed's Lockheart "MUST BE BIG ENOUGH TO MAKE DIFFERENCE.....if its done" then " NOT SURE LOWER INTEREST RATES WILL HELP HOUSING"

I feel better already....8:30 DATA BUILDING PERMITS FALL 5.6%

DOLLAR catches bid, oil weak= weak stocks. I don't think we're between rock n hard place, I think the rock fell on us!

Printing can inflate assets to a point, as always the unintended consequences, the lack of CONTROL as to WHERE the liquidity flows is always an issue.

ILLUSION of stability is what we have.

The NORM
J&J's 3Q profit up slightly, despite lower sales (ino.com)

"Health care giant Johnson & Johnson says it eked out a 2 percent increase in profit for its third quarter, even though sales were down slightly. Johnson & Johnson now says sales in that division plunged nearly 11 percent in the last quarter."

D