Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Friday, October 28, 2005

What a Friday!!

It was big day on Wall Street, with all indexes adding in a big way. The GDP report came through and showed a healthy increase of 3.8%. This Gross Domestic Product number is closely watched by Wall Street, because it is an indication of economic activity. As soon as this number hit, all watchers stood up and shouted "hurray," and markets took off. We added back what we lost yesterday, and then some. Read about it at www.wsj.com. Don't you just LOVE Friday? Well, everybody, except Scooter, that is. I love an all-green day! Dow +172.82 (1.69%) NASDAQ +26.07 (1.26%) S&P 500 +19.51 (1.65%)