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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: ChanceIs who wrote (180991)1/31/2009 11:37:37 PM
From: MulhollandDriveRead Replies (1) | Respond to of 306849
 
the dow is the headline index, (and matters for that reason) more attention is being paid to the S&P and the NAZ...the distortion in the dow due to the financial stocks is well documented...



To: ChanceIs who wrote (180991)1/31/2009 11:58:35 PM
From: RockyBalboaRespond to of 306849
 
Wrong: it´s not only the banks. For that the old Dow is a price (not MC weighted) index , nonbank stuff like CAT pulled it down recently; it actually tends to outperform market cap weighted indices, like the S&P in bear markets.

Why is it still at 8000, despite the hefty decline of the banks? Stock like Chevron Exxon and IBM have performed relatively well, those stocks are well above their 52wk lows.



In the long run, the SPX has outperformed the DJ by a wide margin




To: ChanceIs who wrote (180991)2/1/2009 12:32:38 PM
From: Smiling BobRespond to of 306849
 
She basically says everything that's been said here, but interesting to watch. One thing I disagree with is her idea that individuals would have suffered more via investments had nationalization taken place vs TARP. The stocks have lost 90% anyway.

At 1/10th their former selves, the bank stocks on their own can't pull the mkts down much more.
PBS/NOW Video
pbs.org
President Obama has issued a scathing critique of Wall Street following news that Wall Street employees were paid more than $18 billion in bonuses last year as the financial sector melted down. What should his administration do to crack down on banks, given that some experts are suggesting an additional $1 trillion to $2 trillion may be needed to bail them out?

This week, David Brancaccio sits down with financial reporter Bethany McLean —who broke the Enron story —to look at options on the table for stabilizing the country's financial system. Is nationalizing our banks a viable solution?

Almost everyone agrees that our banks need federal money to avoid even more calamity, but how much is too much, and who's watching how they spend it?