Market Stumbles before Weekend.

It looked like our buddy profits took off early for the weekend, letting declines take over for the day. The DJIA, Nasdaq, and S&P 500 all gave up about 1/2 of their gains one the last day of trading.

Good News: The Fed decided to keep rates steady at 5.25% for the overnight lending rate. However, inflation is a little high while GDP growth is starting to stagnate at 1.6%... This is goign to put the hurt on Bernanke.



Disclosure: Holdings in Microsoft (MSFT) and General Electric (GE).