Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, June 19, 2006

See Saw Monday

Well, we're back in the red. Oil prices are still dropping. Merger activity is heating up, but Wall Street is still skittish. After a couple of stellar days, the market pulled back. Nokia and Siemens announced their "marriage," which should make the combination a powerhouse in the wireless equipment arena. I guess you could explain the swoon by recognizing that it's a hot, lazy Monday. Dow -72.44 NASDAQ -19.53 S&P 500 -11.40