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Thread FULL - U.S. Stock Market - Use New Thread!
This archived discussion is "read only". « Previous 193 194 195 196 197 198 199 200 Next » » Rande - The Latest -- 10/19/01 Three weeks up, one week down. How about a repeat?The Latest (as of 10/19 close):
DJIA -14.7% Since 12/31/99: DJIA -19.9% Since Previous Closing Lows: DJIA (9/21/01) +11.8% Since Previous Closing Highs: DJIA (1/14/00) -21.5% Benchmark Closing Lows (lows since previous all-time highs): DJIA 8235.81 (9/21/01) Market Cycle Peak to Trough: DJIA (1/14/00 - 9/21/01) -29.8% Index returns are price change only, ETFs and mutual funds including divs/distributions. Returns not guaranteed as to accuracy -- relying on unaudited third-party sources (may have missed a dividend or two, which would understate returns). -- posted by Rande » JenL_2 - Re: The Latest -- 10/19/01 In response to message posted by Rande:To illustrate: <img src="http://chart.neural.com/servlet/GIFChart..." width=500 height=350> <img src="http://chart.neural.com/servlet/GIFChart..." width=500 height=350> <img src="http://chart.neural.com/servlet/GIFChart..." width=500 height=350> <img src="http://pvcharts.quicken.com/bin/icenter...." width=470 height=250> …..Jen -- posted by JenL_2 » Rande - Read the other day that margin debt has dropped dramatically sin Read the other day that margin debt has dropped dramatically since the April lows of this year, down to levels not seen since before the speculative/day-trading run-up of the late 90s. Now this: 3:06 iMoneyNet; Money funds reach record $2.21 trilllion in assets Let's see....margin debt way, way down and money market cash at historically high, record levels. Not exactly a case of irrational exuberance anymore is it? Irrational pessimism? One thing's for sure, margin calls aren't the worry they were once upon a time. Not only that, all that cash may find the door even more crowded on the way back in than it was on the way out if something lights a fire under this market. Will a bell ring when it's time? -- posted by Rande » Rande - Re: Margin Debt In response to message posted by Rande:
"The big [market] sell-off in September has washed out margin debt," said Donald Coxe, chief strategist at Harris Investment Management. [The September sell-off] left margin debt equaling 1.1% of the market value of all U.S. public firms, about the same level in percentage terms as in the 1991 recession, said Charles Biderman, chief executive of Santa Rosa, Calif.-based investment research firm TrimTabs.com. -- posted by Rande » smile_1 - stimulus package don't know what all is in the 100B package, but the approach still seems to not hit the target.they should be doing this: administration policies and statements consistent with sound fiscal policy promoting lower long term rates (retire 5, 10 & 30 year debt, no deficit spending etc). If long term rates on 30 year mortgages fell below 6% you would see a wave of mortgage refis, which would work its way through the economy, and create real demand. Corporations will spend on cap-ex when there is legitimate demand. Artificial supply created by tax incentives to encourage cap ex spending by corporations, is not beneficial in the long run, if true demand does not exist. ...instead Congress seems to be heading down the trickle down path... too bad guess we should count our blessing...it could be worse if they went with the Democrat solution of spending rather than tax breaks to Corporations... amazing. -- posted by smile_1 » Kirk - Please subscribe to the new thread This thread is full.To keep it loading fast(er) I created a new thread here http://www.suite101.com/discussion.cfm/i... ALL posts after this one will be purged on this thread to keep the site loading fast. -- posted by Kirk « Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 Next » Please follow the guidelines set forth in the Suite101 Posting Etiquette when adding to the discussion. |
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