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Strategies & Market Trends : Free Float Trading/ Portfolio Development/ Index Stategies

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From: dvdw©1/10/2008 8:09:42 PM
of 3821
 
In a market that does its best to disavow Supply and Demand the data say something quite different than what is passed as common perception.

Chart at bottom provided by Chip at Da Chiefs thread.
But first;
from wiki S&P description

The index has since been converted to float weighted; that is, only shares which Standard & Poors determines are available for public trading ("float") are counted. The transition was made in two tranches, the first on March 18, 2005 and the second on September 16, 2005. (For example, only the Class A shares of Google ("GOOG") are publicly traded; thus, of the 207,096,000 total shares outstanding as of March 2006, only the 199,570,000 Class A shares were considered float, so only the value of the latter number of shares was used to incorporate Google into the S&P 500 on March 31, 2006.) Only a minority of companies in the index have this sort of public float lower than their total capitalization; for most companies in the index S&P considers all shares to be part of the public float and thus the capitalization used in the index calculation equals the market capitalization for those companies.

Here are some of the top S&P companies & their comparative prices between today and Jan 11 2000.....notice anything?
1 ExxonMobil price today 91.66 price Jan 2000 84.00
2 General Electric price today 35.93 price Jan 2000 151.00
3 Microsoft price today 34.27 price Jan 2000 109.37
4 AT&T price today 39.14 price Jan 2000 44.13
5 Procter & Gamble price today 72.48 price Jan 2000 117.75
6 Chevron price today 91.90 price Jan 2000 94.37
7 Johnson & Johnson price today 67.91 price Jan 2000 84.00
8 Pfizer price today 24.08 price Jan 2000 34.00
9 Cisco Systems price today 26.24 price Jan 2000 105.00

To: da_cheif™ who wrote (29078) 1/10/2008 3:23:26 PM
From: Chip McVickar Read Replies (2) of 29092

Longterm monthly S&P cash chart is also interesting

stockcharts.com.
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