Economy shows resilience; jobless rate falls as dollar rises

On Wall Street, investors initially responded enthusiastically to the employment news, with the Dow Jones industrial average rising more than 100 points, but the market gave back part of that gain and closed up 48.20 points. Investors were keeping their euphoria in check, especially since stocks had already shot nearly 190 points higher on Thursday.

Still, the tone in the market was clearly more upbeat. Thursday's advance came on a growing sense that the economy isn't as wounded from the credit crisis as many people have feared.
More here
http://news.yahoo.com/s/ap/20080503/ap_on_bi_go_ec_fi/economy

Have to wait and see I guess, though enough people have been hurt already.

The foxnews people said 2 months ago the economists thought we were well through the bad part of the downturn, I am worried about the value of the Dollar though

On a totaly selfish note: I'm banking on the dollar falling a bit more to raise my oil and gold concerns.

I'm thinking oil hits $160 a barrel and gold hits $1500 a troy ounce.