Nancy Lottridge Anderson, Ph.D., CFA, and her staff offer expert advice and personal service. We offer our services on an hourly or retainer basis for our clients. Our services include account management, stock and economic research, retirement planning, and 401k slate analysis. We manage investment accounts of any size and tailor the portfolio to meet your specific needs. For clients of ours, we are available to help with any financial situation you face.
Independent, Fee-Only Financial Advisor
Thursday, October 11, 2007
Afternoon Slump
Markets took off this morning and were rosy through early afternoon. I only looked down for a minute, and, poof! The gains disappeared. What looked like a triple digit day for the Dow turned out to be red across the board. As the day began, the news was all about optimistic views from the nation's economists. There were no signs of a recession, and everyone was happy. After lunch, downgrades on technology sent investors into hiding.
DJIA -63.57 NASDAQ -39.41 S&P 500 -8.06