Quote of the Day

"Don't gamble! Take all of your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it." -- Will Rogers


Morning news of note:

• GE plans to exit most insurance businesses, focus on faster growth segments
• New PalmOne device to rival iPods
• Wal-mart plans to exit DVD-rental business, points customers to Netflix (stock up 15%)
• Greenspand says Fannie Mae and Freddie Mac portfolios cannot be justified
• U.S. Index of Leading Economic Indicators fell -0.2% (in-line with consensus)

Market is up at the open. Let's see if it can make it 4 days of gains in a row--