NUMBER UPDATE

The SPX earnings number for 2008 has been updated at the S&P site and the earnings has been reduced again to $99.21 yielding a P/E of about 13.4 for 2008 as I type.

An election update-

Hillary to win nomination 66% Election 46%

McCain to win nomination 50% Election 18%

Obama to win nomination 32% Election 15%

Romney to win nomination 30% Election 9%

Hound to win nomination 3% Election 1%

Rudy to win nomination 14% Election 6%

And looks like a buy the dip day for daytraders.