Dow Average Falls to 2-Month Low as JPMorgan, Honeywell Decline

[Zorra]

Oct. 20 (Bloomberg) -- The Dow Jones Industrial Average fell to a two-month low as higher oil prices and disappointing results from JPMorgan Chase & Co. and Honeywell International Inc. suggested that profit growth may slow more than forecast.

``We're not going to be bailed out by earnings here in the quarter,'' said Allen Ashcroft, who helps manage $2.5 billion at MTB Investment Advisors in Baltimore. ``I just don't see a catalyst -- it's a muddle-along situation.''

The Dow average shed 10.69, or 0.1 percent, to 9886.93, a level not seen since Aug. 13.
snip---
Oil reached an intraday peak of $55.33 on Oct. 18, the highest since futures began trading in New York in 1983.

http://quote.bloomberg.com/apps/news?pid=10000087&sid=aRMM7v.Be31w&refer=top_world_news

Clearly, we have turned the corner.

And there have been, as Bu$h told Pat Robertson that there would not be, no American casualties in Iraq.

And Elvis came down in a spaceship and landed in my backyard yesterday.

[Randi_Listener]

1. Oil price

Is off the goddamn fucking chart and gasoline prices continue to sky rocket. Bye-bye, Fuckface.

[MARALE]

2. Say hi to Elvis for me!

:D