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To: stockid who wrote (624)	10/3/2002 10:34:17 PM
From: stockid	Respond to of 1903

found this chart just goofing around...... urbansurvival.com sk

To: stockid who wrote (624)	10/3/2002 10:44:33 PM
From: stockid	Read Replies (1) \| Respond to of 1903

Volatility Continues Ok, you figure that there might be a slight pause after Tuesday's big 346 point rally but on Wednesday more than half of the gain was erased. If Tuesday's rally was enough to get the "bargain hunters" on board again the selling on Wednesday put their efforts into question once again. It sure looked like a good place for a decent rally but it seems as if it isn't going to happen when everyone is looking for it. I find it hard to believe that investors haven't been punished enough to put together at least an intermediate term bottom but the brutal roller coaster style downtrend just continues. I still have the short-term trend for the Dow as up and its intermediate-term trend for neutral but it is of course on edge. More selling to close out the week would renew the overall downtrend and set up another possible run at the 1997 lows. Maybe there needs to be a day of flat out panic selling to scare out the bottom fishers. The type of selling we have seen has been persistent but not devastating like the declines seen in 1997 and 1998 where the Dow fell over 500 points at times. The past few weeks have been very volatile. The Dow has had triple-digit moves (mostly lower) in all but a few days. The last eight days have all seen triple-digit moves. Perhaps this is leading up to something big (either up or down) but something has got to happen to smooth things out and bring down the volatility. I can't see investors hanging in there much longer...they have got to crack on the pressure of an unrelenting downtrend. Worse than the overall downtrend are the false start rallies that get investors hoping that the worst is over and that they are in at the bottom. It has to be very discouraging to buy a stock that you think is at rock bottom only to see it drop even further. I noticed that Cisco fell to 10 on Wednesday. Nearly 90% off of its peak. If you bought it at 20 thinking you had a bargain you have seen your investment get chopped in half. Even long into the bear market it is still possible to rack up heavy losses on stocks that once seemed immune to sustained selling. ---------------------------------------------------------------------------------- Fiend's Prime-25© Index Company 10/02 Change Chg % Wk Chg Chg % YTD % Record Date Off %_ ----------------- ------ ------ ------ ------ ------ ------ ------ ----- ------ Cisco 10.05 -0.89 -8.1% -1.18 -10.5% -44.5% 80.06 03/00 -87.4% Home Depot 24.95 -1.43 -5.4% -1.81 -6.8% -51.1% 68.75 12/99 -63.7% General Elctrc 24.80 -1.40 -5.3% 0.33 1.3% -38.1% 60.00 08/00 -58.7% Citigroup 29.60 -1.40 -4.5% 0.58 2.0% -41.4% 58.88 08/00 -49.7% Exxon-Mobil 32.65 -1.27 -3.7% -0.17 -0.5% -16.9% 47.22 11/00 -30.9% American Int Gr 56.21 -2.06 -3.5% 0.98 1.8% -29.2% 103.69 12/00 -45.8% SBC Comm 20.18 -0.64 -3.1% 0.03 0.1% -48.5% 58.89 07/99 -65.7% Philip Morris 39.48 -1.23 -3.0% 1.62 4.3% -13.9% 58.25 11/98 -32.2% Bank of America 64.19 -1.96 -3.0% 0.11 0.2% 2.0% 79.71 07/98 -19.5% Intel 14.30 -0.37 -2.5% -0.32 -2.2% -54.5% 74.88 08/00 -80.9% IBM 59.63 -1.54 -2.5% -0.73 -1.2% -50.7% 137.88 07/99 -56.8% Wells Fargo 47.80 -1.01 -2.1% -0.65 -1.3% 11.2% 55.75 12/00 -14.3% Pfizer 29.99 -0.51 -1.7% 1.41 4.9% -24.7% 49.83 04/99 -39.8% Viacom 40.87 -0.62 -1.5% -1.70 -4.0% -7.4% 74.50 08/00 -45.1% Microsoft 45.61 -0.62 -1.3% 0.36 0.8% -31.2% 119.13 12/99 -61.7% Fannie Mae 64.62 -0.60 -0.9% 3.11 5.1% -18.0% 85.80 12/00 -24.7% Wal-Mart 51.32 -0.39 -0.8% 0.08 0.2% -10.8% 69.44 12/99 -26.1% Chevron-Texaco 71.60 -0.51 -0.7% 0.63 0.9% -20.1% 103.56 04/99 -30.9% Proctor-Gamble 90.56 -0.61 -0.7% 2.43 2.8% 14.4% 116.94 01/00 -22.6% Coca Cola 49.90 -0.16 -0.3% 1.41 2.9% 5.8% 87.94 07/98 -43.3% Pepsico 37.75 0.05 0.1% 1.06 2.9% -22.5% 53.12 04/02 -28.9% Merck 46.95 0.57 1.2% 0.69 1.5% -20.2% 94.88 11/00 -50.5% Wyeth 34.10 0.69 2.1% 3.00 9.6% -44.4% 66.21 04/02 -48.5% Verizon Comm 30.35 0.77 2.6% 2.26 8.0% -36.1% 64.50 06/99 -52.9% Johnson-Johnson 58.30 2.00 3.6% 3.20 5.8% -1.4% 65.49 03/02 -11.0% Prime-25© 3017.91 -60.82 -2.0% 35.98 1.2% -27.1% 5600.89 07/00 -46.1% Lowest close for Cisco since January 1998. Lowest close for Home Depot since October 1998. Value Div RNK Company (Bil) P/E Yield Symb Sector --- ------------------ ----- ------- ----- ---- ------------ 1. Microsoft $247 27.98 0.00% MSFT Technology 2. General Elctrc $247 16.99 2.90% GE Consumer 3. Wal-Mart $228 33.11 0.58% WMT Services 4. Exxon-Mobil $221 18.14 2.82% XOM Energy 5. Pfizer $187 23.25 1.73% PFE Healthcare 6. Johnson-Johnson $175 30.21 1.41% JNJ Healthcare 7. Citigroup $152 10.76 2.43% C Financial 8. American Int Gr $147 27.15 0.34% AIG Financial 9. Coca Cola $124 30.24 1.60% KO Consumer 10. Proctor-Gamble $118 40.07 1.68% PG Consumer 11. Merck $107 14.95 2.98% MRK Healthcare 12. IBM $102 14.72 1.01% IBM Technology 13. Bank of America $99 12.39 3.74% BAC Financial 14. Intel $96 55.00 0.56% INTC Technology 15. Philip Morris $84 9.47 5.88% MO Consumer 16. Verizon Comm $83 0.00 5.07% VZ Services 17. Wells Fargo $82 22.55 2.34% WFC Financial 18. Chevron-Texaco $77 34.59 3.91% CVX Energy 19. Cisco $74 67.00 0.00% CSCO Technology 20. SBC Comm $67 8.74 5.35% SBC Services 21. Pepsico $67 24.84 1.59% PEP Consumer 22. Viacom $67 510.88 0.00% VIAB Services 23. Fannie Mae $64 11.90 2.04% FNM Financial 24. Home Depot $59 18.08 0.80% HD Services 25. Wyeth $45 18.74 2.70% WYE Healthcare sk