Pondering January

Oooh, look at that purty purple. So yummy. Torino feels every bit as soft as, say, Malabrigo, but it's plied and perfectly round.

Round enough for good cabling?

Thanks, Knifty Red, for the reminder in the comments. Honestly, I've been so focused on other things -- like finishing other knitting, and creating that interactive e-book, and let's not forget the mumblety-mumble holidays and the way they hoover up huge chunks of life -- that I'd completely forgotten about our new team project set to start in January.

We're knitting St. Brigid. And I think mine might just be in the purple Torino.

I purchased this Torino several years ago at Kool Knits in Naperville. I think this predates the opening of Nana's Knitting Shop in my neighborhood, because Nana's carries Torino and if Nana's carries something, I buy it there.

I'm actually getting much better at self-control while breathing that delicious nectar of yarn fumes at Nana's. Used to be, I couldn't get out of there for less than $100. These days, it's often under $50. Rumor has it that I've been witnessed leaving after open knitting with no new purchases. But my stash closet doubts the truth of these rumors.

Financial self-discipline has become a pressing concern for me lately. I have enough money to live on, but I'm very worried about the economy, as are most people. This past week, though, in back-to-back explosions known around the publishing world as "Black Wednesday" and "Gray Thursday," the axe fell on many heads at many houses. Editors, artists, sales specialists, managers -- at one house, I hear an entire production department was laid off.

Publishing is a small industry and requires a specialized skill set. It's not enough to know where to put the commas. You have to also be able to predict the future and know what people will want to read a year or two from now, which cover graphics will be more appealing, which topics will be hot. It's not guesswork, though gut feelings do come into play.

The people who lost their jobs this week, a staggering number of people, have demonstrated abilities to both predict the future and get the commas in the right spots. They were smart, talented, capable people, folks with track records of creating best-sellers and prize-winners.

And now they're out of a job, and frankly, this is probably just the beginning of an whole-industry contraction in publishing.

My job is safe. For now. And for the foreseeable future. But, to be perfectly candid, I can foresee less of the future than I used to. And in a job that requires a fortune teller's ability to see the future, this troubles me more than I can express.

I was going to use the purple Torino to knit a FLAK aran according to Janet Szabo's instructions. I bought extra yardage to allow for all the sample swatching she recommends, and if I use this yarn for St. Brigid, I'll have around 500-600 yards leftover.

But, with the future so uncertain, I might just hang onto my cash and use the stash. It's a tough decision.

What do you all think? Have you changed your shopping habits even though your income is unchanged? Am I being overly panicky?