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, March 19, 2008
Did Tuesday's rally hold?
Unfortunately not. The Dow dropped 293 points, taking back over half of what yesterday's rally brought. Investor's peace of mind, that came with Tuesday's gain, was quickly pushed aside as nervousness over the credit crisis came right back to the forefront. There is just a lack of conviction that the broader economic picture is improving. Commodity-related stocks fell, led by gold dropping $58.50, ending a six day winning streak.
DJIA -293.00 Nasdaq -58.30 S&P 500 -17.80