Here is a market summary for Friday Jun 23, 2006: Dow, Nasdaq, oil, gold, encryption + security:

• The Dow is down slightly around -30.02 pts.
• The Nasdaq is up +1.51
• Oil is up slightly at +$0.03
• Gold is $2.60

Stocks to watch:

• With big brother watching our every move now (financial, phone, VoIP, etc.), encryption hardware and software companies are going to be very popular. Consider this. About seven years ago, security software for mobile devices from a particular Canadian company made a childhood friend + classmate of mine the richest man in Canada for one day, on the day of the IPO. That was before the current US administration. I’m not going to get into the politics. I like to try remain a libertarian, and I also like to avoid politics, when possible. But encryption is going to be very hot, regardless of whether the current admin gets away with wiretapping VoIP calls and online financial transactions.

DISCLAIMER: I do not own shares in any of the companies listed, unless otherwise noted. The suggestions above may not be considered investment advice, and I am not responsible for your purchases or sales. You trade at your own risk. If you disagree, please visit elsewhere.

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