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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Ron McKinnon who wrote (16878)10/24/1998 8:16:00 AM
From: Ron McKinnon  Read Replies (1) of 53068
 
a little exercise

got to thinking
looked at Last Shadows post
Mr Doe's fake portfolio
my own results
the market

so---

took many of the stocks that I have on my sector grid
looked at the performance from the 10/8 low to Fridays close

tried to remember all the various reasons that the "Talking Heads" gave for falling stock prices

bottom line:
the DOW IS NOT REFLECTIVE OF THE MARKET

being in cash during the massive fall and jumping back in at the low would have given 3 years worth of average returns in 12 trading days

the stocks/sectors that were beat up the worst gave the highest gains

a table is on my next post
might be worth printing out
keeping for future reference
something to ponder over
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