Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, August 22, 2005

Typical

Markets were very typical of the summer months with low trading volumes and tight trading ranges. Maytag accepted Whirlpool's $1.7 buyout offer, which may not get antitrust approval. Oil prices continued to be high, closing at $65.45/barrel, up $0.10. And China has bought an oil producer based in Canada for more than $4 billion. Dow +10.66 Nasdaq +5.85 S&P +2.02