Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, May 12, 2005

A Farmer in the Dell Posted by Hello Dell saw earnings increase 28%. This on top of yesterday's good news from Cisco should have been a boon for the market, but the numbers tell a different tale. Economists have lowered their growth forecasts for next quarter. Ford's bonds were downgraded by Moody's, and suddenly, everyone was skittish. Big tech stocks seem to be the bright spot for now, what a turnaround. The closing numbers... Dow -110.77 Nasdaq -7.67 S&P 500 -11.75 Can't wait till Friday!