Stop picking stocks? 29 of 30 Dow Jones components down year to date

Discussion in 'Stocks' started by crgarcia, Oct 31, 2008.

  1. Only Walmart is up.

    So, stop picking stocks?
    During downturns even the best companies, take a hit in their share prices.

    Alcoa: -69.79%
    American Express: -55.37%
    Boeing: -47.52%
    Bank of America: -50.16%
    Citigroup: -65.96%
    Caterpillar: -49.02%
    Chevron: -16.69%
    Dupont: -33.17%
    Disney: -25.06%
    GE: -52.03%
    GM: -83.70%
    Home Depot: -25.97%
    Hewlett Packard: -26.82%
    IBM: -20.20%
    Intel: -39.98%
    Johnson & Johnson: -6.33%
    JP Morgan Chase: -15.12%
    Kraft: -11.74%
    Coca-Cola: -26.67%
    Mc Donalds: -1.92%
    3M: -25.45%
    Merck: -47.37%
    Microsoft: -39.94%
    Pfizer: -25.43%
    Procter & Gamble: -8.03%
    AT&T: -33.02%
    United Tech: -28.31%
    Verizon: -31.83%
    Wal-Mart: +24.35%
    Exxon: -15.20%
     
  2. Some kind of statistic says that if a January is a losing month, the year will lose. January 08 lost...
     
  3. Um maybe cause we're in a bear market?
     
  4. Dogs of the Dow anyone? :D