Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Wednesday, October 04, 2006

Going, Going....GONE!!!

After its record-setting high yesterday, the Dow decided to just keep on going. It settled again today at a new all time high, at a whopping 11850.61! Some market watchers are worried that all this partying might end in a few hangovers (the market dipping again), but most analysts don't expect the market to take a tumble. GM and Nissan-Renault officially terminated all talks about a possible merger. Both companies agreed that they were too far apart on major issues. What? Oh, sorry, I was still partying on cloud nine from today's close. DJIA: +123.27 Nasdaq: +47.30 S&P 500: +16.11