>>>>>And yes, bowing automatically to common or expert wisdom is not my forte - I also realize that this trait kept me sometimes from investments which would have been smart.
>>>
>>>LOL, nor mine!
>>>
>>>My issue is that if Dow is to be a crude barometer for economic trajectory, then it doesn't make sense to wait until it reaches record highs before suddenly picking at faults that have been well understood for decades. The consensus (with apologies to Churchill) has been that the Dow is the worst form of economic barometer apart from all the other forms that have been tried from time to time. ;-)
>>
>>Chalk up another $13 Billion for the tax cut.
>>
>>http://abcnews.go.com/Business/wireStory/johnson-johnson-reports-4q-loss-52544422
>
>Great news for the US and J&J.

Yes.
J&J is a large employer here in NJ and in Pa.
They are a great company.
However I still think that it's outrageous that Woody Johnson, who wouldn't know a Band-Aid from a popsicle, inherited over $10 billion dollars simply because of his last name.