Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, March 20, 2006

So This Is Spring?

I'm back from my short Spring Break. We spent a long weekend at the beach and, actually, managed to get a little sunburned. We came back home to chilly temps and stormy weather. I guess I shouldn't complain. At least, it's not snowing! Oracle reported after the bell, and the news was good... no, it was great. Their net was up 42%. This showed up in an increase in the NASDAQ today and should play well tomorrow. Oil dropped by about $2 per barrel, but you couldn't tell it by the numbers from the large caps. It was a flat day for these guys. Disney is going full steam ahead. If oil prices stay below $60, this should be good for their theme parks this summer. Summer and beaches remind me that hurricane season is just around the corner. Australia has experienced the first of Mother Nature's wrath in this department this year. Let's hope for a quieter year for the Gulf. Dow -5.12 NASDAQ +7.63 S&P 500 -2.17