POWs vs the Dow -- Not a pretty picture!
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Just exactly HOW have the POWs done during the DOWs recent correction?
Today the DOW closed higher than the day before the big drop on
10/27/97. Below are the numbers for the POWs on 10/24/97 and today.
Quick summary:
Best performer: RECY! (+12%)
Worst performer: NOIZ (-16.9%)
Beating the DOW: ATPX,MLOG,RADAF,RECY,SEEQ,VCR
Beaten by the DOW: APCO,BLSC,BOSCF,CADE,DIGL,HURC,MTON,NOIZ,RLLY,TRIBY
Total Performance: -40.8% (assumes equal amount of $ in each POW)
Total Performance without BLSC: -26.3% (I think Doug dropped BLSC)
Clearly, the POW portfolio has taken a severe beating.
Full numbers are below. Any comments?
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POW Performance Compared to DOW 10/24/97 - 11/19/97
DJ-30
10/24/97: 7715.41
11/19/97: 7724.74
Change: +0.01%
POW 10/24/97 11/19/97 Change
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APCO 6.0 5.84 -2.7%
ATPX 13.4 14.13 +5.4%
BLSC 6.0 5.13 -14.5%
BOSCF 5.84 5.38 -7.9%
CADE 3.13 2.75 -12.1%
DIGL 19.88 19.63 -1.3%
HURC 8.63 8.38 -2.9%
MLOG 7.25 7.38 +1.8%
MTON 8.75 7.94 -9.3%
NOIZ 3.38 2.81 -16.9%
RADAF 13.94 15.50 +11.1%
RECY 6.25 7.00 +12%
RLLY 3.69 3.56 -3.5%
SEEQ 3.47 3.75 +8.1%
TRIBY 2.81 2.44 -13.2%
VCR 2.56 2.69 +5.1% |
