Book notes: DIY Financial Advisor: A Solution to Build and Protect Your Wealth by Gray, Vogel and Foulke is recommended reading for anyone considering firing their financial advisor. (Charles Sizemore)

Quote of the Day

"There are probably about 5,000 people who know how the trading system works but none of them will speak about the way these high-frequency firms make money..."

(An anonymous financial industry insider)

Chart of the Day

In case you need more evidence that Wall Street forecasts are easily forgettable.