Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, October 16, 2006

Rain and Gain

The Deep South is getting soaked right now. Dark skies abound, and the rain is falling in buckets. Just in time for my drought-struck yard. Despite the rain, it's sunny skies on Wall Street, as the Dow nears a monumental mark of 12,000. NASDAQ is trying to keep pace but is still nowhere close to its record. The large-caps are leading the day. One big piece of news... Wal Mart is buying a Chinese retailer. I guess that just goes to show you-- if you can't beat 'em, join 'em! Dow +20.09 NASDAQ +6.55 S&P 500 +3.44