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To: RogerWilko
The CNN spin straight from the top of their homepage:

UPDATED: 4:47 p.m. EDT, October 19, 2006
BREAKING NEWS
Dow breaks milestone at close

Dow breaks milestone at close

The Dow industrials closed above 12,000 for the first time Thursday as investors took in a mixed bag of earnings from leading banks, blue chips and tech companies. "The economy continues to weaken. But everyone is convinced the Federal Reserve will be able to engineer a soft landing," said the president of one brokerage. The Dow crossed the 12,000 milestone for the first time Wednesday but failed to finish above that number.

FULL STORY


9 posted on 10/19/2006 1:54:21 PM PDT by Libertarian444
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To: Libertarian444
"The economy continues to weaken. But everyone is convinced the Federal Reserve will be able to engineer a soft landing,

Soft Landing of what??? Falling after hitting your head on the ceiling??

29 posted on 10/19/2006 2:10:07 PM PDT by MooseMan (Go Tigers!)
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To: Libertarian444
The Dow crossed the 12,000 milestone for the first time Wednesday but failed to finish above that number.

Wrong cnn. The Dow closed at 12,011.
53 posted on 10/19/2006 2:46:51 PM PDT by Liberty Valance (Keep a simple manner for a happy life)
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To: Libertarian444

"But everyone is convinced the Federal Reserve will be able to engineer a soft landing,"

What a joke. The Fed has never been able to engineer a soft landing.


66 posted on 10/19/2006 6:35:58 PM PDT by jwh_Denver (I hate election ads.)
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