Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Friday, March 17, 2006

Approaching a Six-Year High

The Dow continued to approach a six-year high today, gaining 23%. This climb was despite heavy losses in AIG and GM. GM continues to sink, announcing yesterday that its 2005 loss was greater than originally reported. Its also struggling with some accounting errors, and is subsequentially delaying its 10-K report. Maybe they should hire the young man on the Today show; he recited 9000 digits of Pi, the mathematical term. Watch this video of his performance - its amazing! And have a safe weekend...maybe study your pi digits! DJIA: +26.41 Nasdaq: +6.92 S&P 500: +1.92