Tuesday, July 8, 2008

Geronimo.... smack.

July 8, 2008 - There are newspapers, and then there are newspapers. There's the Georgia Straight, the Courier, the Province and the Vancouver Sun. There is the Chicago Trib, the LA Times, and the New York Times... and then there is the Wall Street Journal. Published by Dow Jones & Company, the Wall Street Journal is an international daily that is truly only rivaled by the Financial Times (which given New York and London are two of the biggest financial centres, it makes sense).

The Journal has a history deeply rooted to the stock market. More than being named after Wall Street, it was originally a daily sheet called the Customers' Afternoon Letter. ¹ Three reporters got together - Charles Dow, Edward Jones, and Charles Bergstresser - and began publishing the Wall Street Journal on July 8, 1889. The first index of stock and bond prices was featured in the paper and was known as the Jones Average. There is nothing 'average' about the paper today, still being read by over 2 million subscribers and another near million online subscribers all looking for the next great stock that will send their portfolios on a wild party. So on Wall Street Journal Day, you may want to take a scan through the stories and see if you can't pump up your numbers.

Then again, you may want to just go to the experts. On this same day in 1932, the Dow Jones Industrial Average reached the lowest level of the entire Great Depression. The Average bottomed out at 41.22. As at close of trading yesterday, the Dow Jones Industrial Average was at 11,231.96 (down over 50 from the day before). Seems that Anniversaries and Birthdays bring about great expectations, and quite often, great crashes.

If you are in the market for a better reason to celebrate, this week is also International Chicken Wing Week, Nude Recreation Week (and Weekend), and Be Nice to New Jersey Week. I wonder if you are a naked chicken in New Jersey if this is a week to celebrate, or hide?

I think if you live in or near New Jersey, and you are forced to be nice to the state, you may want to first get your fill of nude sports and then head over to NJ for some wings. Nude beach volleyball sounds challenging. After getting sand in a few uncomfortable places, you may choose a different sport. How about nude hockey? Is the ice like a cold steel pole in the winter? If you fall, does your butt stick to the ice? Would you have to wait for it to melt, or just pass gas?
And of course there is always naked Bungee Jumping, but I have to think that this sport should not be done with ankle restraints. Seriously... you won't need the dunk, you could knock yourself out with those things. Invest in this one. The Dow Jones could be looking up.


1. The history of the Wall Street Journal can be found in much greater (and in keeping with the journalistic integrity of the Journal... drier) format on the Wall Street Website.

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