Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Friday, September 11, 2009

Friday

Today, stocks declined, ending a recent winning streak that carried markets to the highest levels of the year. Also, today was the 8th anniversary of the Sept. 11 attacks. Interestingly, on the eighth anniversary of the Sept. 11, 2001, terror attacks, the Dow ended one tenth of a point below where it closed Sept. 10, 2001 -- 9605.51. Markets reopened after the attacks on Sept. 17, 2001. To me, this is actually really reassuring. We can see that through everything in the last 8 years--Sept. 11 attacks, Hurricane Katrina, the most recent economic recession in the fall, etc.--we are still here and only one tenth of a point lower. We essentially broke even! DJIA -22.07 S&P 500 -1.41 NASDAQ -3.12