Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, June 13, 2006

Another Day...

Markets started off in positive territory but gave up those gains (and then some) by the end of the day. While talk of inflation appears to be the culprit, the very things that are spurring the talk are getting hit. High-flying gold prices dropped by $30 today, while oil fell below $70 a barrel. Normally, that's good news. But, today, investors are still skittish. If we can get past the next Fed meeting and this proposed rate hike, things should calm down a bit. Meanwhile, I'm in the buying crowd. If you're fully invested, now is the time to keep your head down and stay the course. We're not through the turbulence yet. DJ 30 -86.44 NASDAQ -18.85 S&P 500 -12.72