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
Wednesday, October 24, 2007
Watch the Bouncing Ball
The morning started with not-so-good news from Merrill Lynch. They are taking large write-downs, and the effect on the Dow was immediate and pronounced. For most of the day, large-caps were down about 1% or more. But by the afternoon, the picture changed, and the Dow and the S&P 500 ended up only slightly in the red. Microsoft announced that it is increasing its investment in Facebook. It will be a battle of the internet giants, as Bill Gates' baby and Google face off. NASDAQ stocks weren't as lucky today, ending down nearly 1%. DJIA -0.98 NASDAQ -24.50 S&P 500 -3.71
Posted by Anonymous