Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, March 05, 2007

End of Day Blues

Markets held nicely all day long-- until the last few trading hours. The same thing happened last week. Before the work week had started, news was coming out of Asia of further declines. The question was, "How would this affect U.S. markets?" Buyers were limited, so the numbers were never able to hold. By the end of the day, the market took another dip. It's a question of which came first-- the chicken or the egg-- and which will stop the round of dips. My bet is on U.S. markets! DJIA -63.69 NASDAQ -27.32 S&P 500 -13.05