Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Wednesday, October 19, 2005

Wonderful Wednesday

What a great way to end my day! After a trepid sales forecast, Intel rebounded the market into a much-needed boost. And surprisingly, a drop in oil prices helped the market today, too. "This is the start of the fourth-quarter rally," said Marc Pado, U.S. market strategist at Cantor Fitzgerald. Meanwhile, Florida continues to prepare for Wilma, which is now a devastating category 5. As insurance companies struggle to keep up and those in Florida evacuate, I'm keeping my garage full of bottled water and batteries. Let's hope Wilma decides to calm down before hitting the coast (and the market)! Dow: 128.87 NASDAQ: 35.24 S&P 500: 17.62