Educate Yourself - The Big Swoon

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The Big Swoon
Brian Trumbore
President/Editor, StocksandNews.com

I thought I’d take a look at where some of the major financials
and housing-related stocks stand in relation to their all-time (or
multi-year) highs.

I’m listing the closing price for 6/18/08, 52-week high-low as of
6/18 (rounding off some, to nearest $0.50), and if the record or
near record high is more than $2 off the 52-week mark, it’s so
stated. For example, Citigroup.

AIG [31.50]…73 (6/20/07) – 32 (6/17/08)
Bank of America [28.50]…53 (10/11/07) – 29 (6/11/08)
BlackRock [205.50]…232 (1/30/08) – 139 (8/16/07)
The Blackstone Group [18]…38 (6/22/07…IPO) – 13.50 (3/17/08)
Citigroup [20.50]…54.50 (6/20/07) – 18 (3/17/08)…57.50 (12/06)
Goldman Sachs [183]…250 (10/31/07) – 140 (3/17/08)
JPMorgan Chase [38.50]…51 (6/20/07) – 36 (3/14/08)
Lehman Brothers [25]…82 (6/20/07) – 20 (3/17/08)…86 (2/07)
Merrill Lynch [37.50]…91 (6/20/07) – 35 (6/12/08)…98 (1/07)
Morgan Stanley [41]…90 (6/20/07) – 33.50 (3/17/08)
UBS AG [24]…63 (6/20/07) – 22 (3/17/08)…66 (4/07)
Wachovia [17]…54.50 (6/19/07) – 17 (6/17/08)…57.50 (3/07)
Washington Mutual [6]…44 (6/28/07) – 6 (6/11/08)
Wells Fargo [25.50]…38 (9/19/07) – 24.50 (1/22/08)

Fannie Mae [25]…70.50 (8/22/07) – 18 (3/17/08)
Freddie Mac [23.50]…67 (8/17/07) – 16.50 (3/10/08)

Ambac Financial [2]…88.50 (6/28/07) – 2 (6/10/08)…96 (5/07)
Countrywide Financial [4.50]…39 (6/19/07) – 4 (3/17/08)…45 (2/07)
MBIA [6]…69 (10/11/07) – 5 (6/11/08)…76 (1/07)
Thornburg Mortgage [0.66]…28 (6/20/07) – 0.50 (5/14/08)

Beazer Homes [5.50]…31 (6/19/07) – 4.50 (1/9/08)…48 (12/06)
DR Horton [12]…21.50 (6/19/07)…10 (1/9/08)…31 (2/07)
Hovnanian Enterprises [6.50]…20 (6/19/07) – 4 (1/9/08)…38 (12/06)
KB Home [18.50]…44 (6/19/07) – 16 (1/8/08)…56 (2/07)
Lennar [15.50]…42 (6/20/07) – 12 (1/22/08)…56 (2/07)
Pulte Homes [11]…25 (6/19/07) – 8 (1/9/08)…35 (2/07)
Toll Brothers [20.50]…27 (6/20/07) – 15.50 (1/9/08)…35 (2/07)

*3/17/08 was the morning of the Bear Stearns collapse /
acquisition by JPM

Wall Street History returns next week.

Brian Trumbore

BUYandHOLD does not recommend any securities. The securities mentioned above are being used for illustrative 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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