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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Augustus Gloop who wrote (10006)	9/17/2008 7:13:47 PM
From: John Pitera	Read Replies (4) \| Respond to of 33421

AG, impressive stuff.... truly turbulent times. The Russian markets are extremely chaotic. ------------------- AIG Leads `Unlucky 13' Stocks to $1 Trillion Loss: Chart of Day By David Wilson Sept. 17 (Bloomberg) -- American International Group Inc. and a dozen more U.S. companies have collectively lost the equivalent of Switzerland's stock-market value so far this year. The CHART OF THE DAY shows the declining fortunes of the ``unlucky 13,'' as described by Howard Silverblatt, an analyst at Standard & Poor's in New York. Members of this group have had the biggest declines in value among S&P 500 companies. Their capitalization tumbled by about $1 trillion through yesterday, according to data compiled by Bloomberg. The figure exceeds the $988 billion value of the Swiss market, among the world's 10 largest by this gauge. ``The takeaway is that we are in a crisis,'' Silverblatt wrote yesterday in an e-mail. ``The current situation looks like nothing I've ever experienced,'' including the inflation-driven losses of the mid-1970s, the crash of 1987 and the 2000-2002 bear market. AIG, the country's largest insurer by assets, led the group's retreat by shedding $137.4 billion. The company was valued at $10.1 billion yesterday before the U.S. government agreed to take control. Three other financial companies -- Bank of America Corp., Citigroup Inc. and Wachovia Corp. -- made the unlucky 13. The trio's value fell by $153.9 billion. General Electric Co., whose financial units accounted for about half its profit last year, fell $120.9 billion. Only AIG had a steeper decline. Exxon Mobil Corp., the world's biggest company by market value, sank $107.3 billion to rank third. Technology stocks are well represented in the unlucky 13, which include Apple Inc., Google Inc., Intel Corp. and Microsoft Corp. AT&T Inc., Merck & Co. and UnitedHealth Group Inc. complete the lineup. To contact the reporter on this story: David Wilson in New York at dwilson@bloomberg.net Last Updated: September 17, 2008 10:11 EDT

To: Augustus Gloop who wrote (10006)	9/17/2008 11:11:08 PM
From: nspolar	1 Recommendation Respond to of 33421

Ya, dis is gonna be good. Maybe Geeeerrate! All part of The Ultimate Storm, still in the very early stages. The Centipede Market moves very slowly, and perhaps many can not develop the correct sense of time in motion here. Everyone likes to trade the pops, instead of The Moves. Gotta strut yer stuff, by trading de pops! Who beat The Hare! Was that The Turtle??? Do you put yer money on The Turtle, in The Centipede Market as The Ultimate Storm develops??? Or The Hare? Maybe we need a turtle with some fast twitch! If you have it available look at the LT sentiment charts, in Dpoint. Geeerrate Stuff! TF