Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, July 24, 2007

The internet has been down here, hence the reason there has not been posts the past two days, and it has been terrible. It is hard to grasp just how much we depend on it until you have to go without it. The major indexes were down nearly 2% each, mainly due to the pesky subprime-mortgage sector. Decliners outnumbered advancers by about nine to one on the NYSE today. On a positive note, crude-oil futures slid $1.33 to $73.56 a barrel. Days like today are going to come when the market has been growing as much as it has been. DJIA -226.47 Nasdaq -50.72 S&P 500 -30.53