Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Friday, August 19, 2005

Hot Friday

It's the end of the week in August in Mississippi, and it's hot, hot, hot. 100+ temperatures every day are the norm. The heat has everything drooping, from my impatiens to my hairdo. Stocks are experiencing a kind of droop, as well. July was a great month for the market, but August has been lackluster. Today produced flat markets, with big companies gaining slightly and the NASDAQ dipping only a tiny bit. It's the end of summer, and I'm tired of summer reruns. I'm ready for a breath of fresh air in all areas. Networks are gearing up for the fall season. If the make believe world doesn't excite you, try the boardroom. Boring Mass Mutual's boardroom resembled the set of a soap opera this week. Dow +4.30 NASDAQ -0.52 S&P 500 +0.69