Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Wednesday, October 05, 2005

Ouch!

A second day of retreat as Wall Street weighs the effects of expected inflation. As prices rise, stocks fall. The Dow fell about 1.2%, while NASDAQ took the hardest hit, losing about 1.7%. Is this just the market taking a breather or will the effects be long-lived? Stay tuned. It's just way TOO much red for me right now. Of course, that could mean it's time for some bargain hunting. Dow -123.75 NASDAQ -36.34 S&P 500 -18.08