The Daily Dow
Monday, June 17, 1996
by Robert Sheard

LEXINGTON, Ky. (June 17): Did you see the final holes of the U.S. Open? What a thrilling finish, even though my heart goes out to Davis Love. I thought he was going to pull it out with his birdie putt on 18, and then to three putt! Ouch. Better him than me, though. As much as I can fantasize about being in that position, someone would have to carry me off the course if that much was riding on a single putt.

Oh yeah, the stock market. Well, as you might have guessed by the fact that I'm writing about the U.S. Open instead of the Dow, today was a do-nothing kind of day on the market. Without any economic news of note to throw traders into a frenzy, and no news for any of the Foolish Four stocks, nothing happened to affect the portfolio. Chevron and DuPont went up a little, Kodak went down a little, and 3M went nowhere. A ho-hum quarter-of-a-percent market victory. (Rack that gain up daily, of course, and you've got a whale of a year.)

Another one of those typical Dow approach days where you just go about your business and don't sweat your investments.

For those of you contemplating a new investment in the approach, my guess is that the top ten stocks will remain stable for a little while. Caterpillar's dividend hike last week consolidated the #10 position pretty clearly. We shouldn't see the almost daily changes to the composition of the list in the near future.

Transmitted: 6/17/96

THE FOOLISH FOUR MODEL (6/17/96)  

           Day    Week  Quarter  Year  History
Fool-4    0.25%   0.25%  5.48%  13.78%  13.78%
DJIA      0.06%   0.06%  1.17%  10.47%  10.47%
S&P 500  -0.10%  -0.10%  3.05%   7.99%   7.99%
NASDAQ   -0.46%  -0.46%  9.65%  14.78%  14.78%


Rec'd    #   Security  In At   Now   Change

1/2/96  148  E. Kodak  67.00  78.50  17.16%
1/2/96  380  Chevron   52.38  60.00  14.56%
1/2/96  142  DuPont    69.88  78.88  12.88%
1/2/96  149  3M        66.38  68.38   3.01%

Rec'd    #   Security       Cost       Value     Change

1/2/96  148  E. Kodak    $9,916.00  $11,618.00  $1,702.00      
1/2/96  380  Chevron    $19,902.50  $22,800.00  $2,897.50      
1/2/96  142  DuPont      $9,922.25  $11,200.25  $1,278.00      
1/2/96  149  3M          $9,889.88  $10,187.88    $298.00     

      CASH      $1,082.61        
      TOTAL    $56,888.74         



Transmitted: 6/17/96 

      
      

      
      

        

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