Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, August 31, 2006

Cool Temps, Cool Trading

I woke up to wonderful temperatures this morning. Its only a temporary cold front, but this smallest relief from the sweltering heat has reminded me that autumn WILL come. But first - Labor Day Holidays! Everyone is taking that one last trip to the beach, and investors are apparently no exception. It wasn't Bernanke's speech that slowed trading down today, nor was it all due to the payroll report being released tomorrow. Analysts say its because everyone is on vacation, sitting on the beach. Sounds like a good idea to me! My pal Warren Buffet tied the knot yesterday at the ripe age of 76. And researchers made a signifcant and exciting breakthrough in treating and even healing cancer. Finally, Lockheed Martin was chosen by NASA to rebuild the Orion capsule, in an effort to revive US space exploration. DJIA: -1.76 Nasdaq: -1.98 S&P 500: -0.45