Friday was the 20th anniversary of the 1987 stock market crash. Not surprisingly the markets were nervous and went significantly lower. Finally the market reacted negatively to bad news also. Earnings reports from CAT and MMM were the excuse, but there were other good excuses. Dollar Index hit an all time low, and the Euro an all time high above 1.43. Despite the high of the Euro some think there is more room to go higher. Gold has continue to rise reaching 772. Some say gold at 800 USD  is around the corner. Oil price broke 90 USD for the first time.

As a note for a new sign of the times, Petro China surpassed GE as the world's second largest company just behind Exxon Mobil. No changes at the top of the World TopInvestor competition. Mr. Doleschall remains confortable in the lead.