Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, August 21, 2006

Beached

We spent one last weekend at the beach, before our fall schedules take over. Apparently, Wall Street did the same thing. Last week, it was all green, with five up sessions. That ended today, as all indexes fell back. It's the end of August and time for investors to regroup and get ready for the fall trading schedule. Real estate is still looking weak, as Lowe's announced poor earnings. As we head into the final season of 2006, all eyes will be on interest rates. Oh, Mr. Bernanke, don't fail me! Dow -36.42 NASDAQ -16.20 S&P 500 -4.78