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Just
the Facts, Part II
Brian
Trumbore
President/Editor, StocksandNews.com
More data for you market junkies out
there. Clip and save!
Returns
for the decade of the?
60s
- Dow Jones?+17.8% (not including dividends)
70s - Dow Jones?+4.8% (yup, that's it)
80s - Dow Jones?+228%, Nasdaq?+200%
90s - Dow Jones?+318%, Nasdaq?+796%
00s - Dow Jones?-27%, Nasdaq?..-67%*
*12/99-12/02
10/11/90?start
of the 90s bull move:
Dow
Jones?2365?trailing p/e 11.6; dividend yield, 4.2%
S&P 500??295?trailing p/e, 14.1
Nasdaq??..325
Bulls: 32.2% / Bears: 53.7% [Source: Investors Intelligence].
This is normally an excellent contrarian indicator,
as it proved to be back then. You can check the weekly
figures in my "Week in Review" column.
*Of
course the 10/11/90 lows were established during the
height of the buildup in the Gulf prior to the war.
12/31/99
Dow
Jones?11497
S&P 500?1469
Russell 2000?504
Nasdaq?4069
12/31/02
Dow
Jones?8341
S&P 500?879
Russell 2000?383
Nasdaq?1335
Five-year
annual average return as of 12/31/02
S&P
500 (including dividends)?-0.6%
Average Short U.S. Government Fund?+5.6%
Recent
Market Lows
9/21/01?bottom
after 9/11
Dow
Jones?8235
S&P 500??965
Nasdaq??.1423
10/9/02
Dow Jones?7286
S&P 500??776
Nasdaq??.1114
U.S.
Treasury Yields
12/31/99
2-year?6.24%
10-year..6.43%
12/31/00
2-year?5.09%
10-year..5.11%
12/31/01
2-year?3.05%
10-year..5.03%
12/31/02
2-year?1.58%
10-year..3.82%
Gold
12/96?$368
12/97?$289
12/98?$288
12/99?$289
12/00?$272
12/01?$279
12/02?$347
Oil
[Light Sweet]
12/99?$25.20
12/00?$26.80
12/01?$19.84
12/02?$31.20
Market
Highs
AOL?1/3/00?$83
AT&T?3/29/00?$61
Apple?3/23/00?$75
Amazon.com?12/9/99?$113
Cisco?3/27/00?$82
Corning?8/30/00?$113
Dell?3/22/00?$60
EMC?9/25/00?$105
eBay?3/27/00?$127
Intel?8/28/00?$76
JDS Uniphase?3/7/00?$153
Lucent?12/29/99?$74
Microsoft?12/30/99?$120
Nortel?7/25/00?$89
Oracle?9/1/00?$46
Sun Micro?9/1/00?$65
Yahoo?1/4/00?$250
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Wall
Street History will return next week.
Brian
Trumbore
BUYandHOLD
does not recommend any securities. The securities
mentioned above are being used for informational purposes
only and should not be regarded as an offer to sell
or as a solicitation of an offer to buy.
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