Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Friday, March 07, 2008

A Cold Blast

It's March in Mississippi, and I sit here on Friday afternoon waiting for the snow to start falling. Yes, SNOW! Just when we thought Spring was in the bag, Old Man Winter reappeared. Wall Street has been a little chilly these days. The jobs report showed additional shrinkage. The dreaded "R" word is being uttered aloud. Investors are certainly feeling the chill. Large-caps dropped the most on the day. DJIA -146.70 NASDAQ -8.01 S&P 500 -10.97