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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (1984)	11/8/2008 12:22:47 PM
From: Perspective	Respond to of 3209

Yeah, you caught a flub. Dunno how I missed "T". But MMM was added in 1976. Survivor bias. I also see that there were some other (rather obvious) name changes that I missed. Lots of errors in here: en.wikipedia.org 3M MMM Diversified industrials 1976-08-09 (as Minnesota Mining and Manufacturing) Alcoa AA Aluminum 1959-06-01 (as Aluminum Company of America) American Express AXP Consumer finance 1982-08-30 AT&T T Telecommunication 1999-11-01 (as SBC Communications) Bank of America BAC Institutional and retail banking 2008-02-19 Boeing BA Aerospace & defense 1987-03-12 Caterpillar CAT Construction and mining equipment 1991-05-06 Chevron Corporation CVX Oil and gas 2008-02-19 Citigroup C Banking 1997-03-17 (as Travelers Group) Coca-Cola KO Beverages 1987-03-12 DuPont DD Commodity chemicals 1935-11-20 ExxonMobil XOM Integrated oil & gas 1928-10-01 (as Standard Oil (N.J.)) General Electric GE Conglomerate 1907-11-07 General Motors GM Automobiles 1925-08-31 Hewlett-Packard HPQ Diversified computer systems 1997-03-17 Home Depot HD Home improvement retailers 1999-11-01 Intel INTC Semiconductors 1999-11-01 IBM IBM Computer services 1979-06-29 Johnson & Johnson JNJ Pharmaceuticals 1997-03-17 JPMorgan Chase JPM Banking 1991-05-06 (as J.P. Morgan & Company) Kraft Foods KFT Food processing 2008-09-22 McDonald's MCD Restaurants & bars 1985-10-30 Merck MRK Pharmaceuticals 1979-06-29 Microsoft MSFT Software 1999-11-01 Pfizer PFE Pharmaceuticals 2004-04-08 Procter & Gamble PG Non-Durable household products 1932-05-26 United Technologies Corporation UTX Aerospace, heating/cooling, elevators 1939-03-14 (as United Aircraft) Verizon Communications VZ Telecommunication 2004-04-08 Walmart WMT Broadline retailers 1997-03-17 Walt Disney DIS Broadcasting & entertainment 1991-05-06 The dates on here don't reflect name changes evidently. That's what I get for using Wikipedia... That's nice; now I've found a few more charts. `BC

To: patron_anejo_por_favor who wrote (1984)	11/8/2008 12:51:03 PM
From: Perspective	Respond to of 3209

Here's a few more added to the chart: `BC

To: patron_anejo_por_favor who wrote (1984)	11/8/2008 12:54:08 PM
From: Perspective	Respond to of 3209

Fascinating - I didn't realize that there was a tech bubble that burst in 1969. So there was a bubble burst in 1969, and the very next cycle was the miserable 1973-4 experience. Parallels to the 2000-2002 and 2007- experience? atozinvestments.com Once upon a time there were hundreds of high-tech companies introducing new technologies in computers, software, and information services. Companies with big prospects saw the price of their shares run up thousands of percent in just a couple of years. Some stocks would double in only a week, a few were up 5,000%. Investors just couldn't see that the bubble had to burst. But it did, of course, beginning a bear market that wiped out thousands of new millionaires. Does it sound like I'm repeating myself? Keep reading. Prices for some companies dropped 80-90% and many companies disappeared within a year or two. "Why are you telling me this?" you ask. Well, the year was 1969. Here are some of the losers: 1968 High High in 2002$ 1970 Low '68 to '70 % Drop Fairchild $102 (510) $18 - 82% Teledyne 72 (360) 13 - 82% Control Data 163 (815) 28 - 83% Mohawk Data 111 (535) 18 - 84% Electronic Data Systems 162 (810) 24 - 85% Optical Scanning 146 (730) 16 - 89% University Computing 183 (830) 13 - 93% `BC