Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, May 19, 2005

It's Still Going Up

Markets are continuing their moves into positive territory this morning. The Dow is up only slightly, while NASDAQ is up nearly 1/2 of a percent already this morning. Wal Mart announced they are giving up the DVD rental business and turning it over to their competitor, Netflix. This was a bit of a surprise, the elephant conceding to the fly. I never thought I'd see the day when Wal Mart would yell "uncle" in any market. The Wall Street Journal conducted a poll on American's views of Congress and the President. No surprises here... most think Congress is out of sync with the regular Joes out there. If you'd like to see the actual survey results, go to http://online.wsj.com/public/resources/media/poll20050518.pdf. Maybe, you should send it your Congressman!