Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, September 28, 2006

A Record-High....Almost

"The Dow is teasing everybody right now," said Kenneth Tower, chief market strategist at CyberTrader. I agree. The Dow hit as high as 11728.46, only to fall back just a few points shy of a new record. Investors are playing with us, thanks to continued low oil prices and a soft GDP report. I've never liked flirting. We're keeping our eyes on the headlines, as both HP and Research In Motion take their companies through internal probes. And Lenovo announced a recall of several hundred thousand laptops, making it the latest computer company with trouble. Good thing we have those market highs to keep us smiling! DJIA: +29.21 Nasdaq: +6.63 S&P 500: +2.56