Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, September 26, 2006

Blue-Chippers Rule

Blue-chip investors are floating home on air today. With oil prices lowering and high economic reports, the Dow soared today, coming within just a few points of its high, set in May earlier this year. And the S&P hit its highest since 2001. The numbers looked good on wall street, and in other venues today, as well. Former Enron Corp CFO Andrew Fastow was sentenced today. There was a reduction to 6 years jail time, down from the 10-year jail term in his plea bargain. Judge Hoyt cited Fastow's cooperation with investigators as his reason. DJIA: +93.58 Nasdaq: +12.27 S&P 500: +9.97