Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Wednesday, August 10, 2005

Say It Ain't So!

Krispy Kreme has been sugarcoating its numbers, along with its doughnuts! My memories of those sweet confections has been tainted. If you can't trust Krispy Kreme, who can you trust? Oil continues its climb, matching the marching of the Fed. Markets responded negatively, with the NASDAQ being the hardest hit. WorldCom's former employees keep making the news with their prison sentences, David Myers being the latest. I'll be waiting for the September sentencing of the kingpin, Scott Sullivan.

Dow -21.26

NASDAQ -16.38

S&P 500 -2.25