Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, May 18, 2006

STELLAAAAAH!

Another day for traders to head for the doors, as inflation worries hang over Wall Street. Across the board, stocks lost about 3/4%, adding to the slide started last week. While housing is slowing down, the new Fed chief is convinced the landing will be soft. Of course, everything hinges on the actions Mr. Bernanke and his cohorts take in the next couple of months. Innovators are still at work, though. Internet surfing is heading to the small screens of the cellphone. Alternative energy companies are still plugging away, and there's a new online dating service for Chinese people. Ahh, the wonders of the modern world. I'm still looking for opportunities, even as the naysayers are on the prowl. Dow -77.32 -0.69% NASDAQ -15.48 -0.70% S&P 500 -8.51 -0.67%