Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, April 10, 2008

A Nice Bounce

Tech took a jump up today, gaining 1.27% on the day. Large-caps also posted gains, but they were more modest at around 1/2%. Meanwhile, economists are still crying gloom and doom, saying it will be another year before housing prices stabilize. The stock market is a leading indicator, dropping 6 months before any sign of trouble and picking up steam while everyone else is crying the blues. The first part of April shows signs of the latter. DJIA +54.72 NASDAQ +29.58 S&P 500 +6.06