Welcome to the Motley Fool Shop at FoolMart Daily Dow

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   

This Feature

Related Items

BTD 10
As Of 10/11/96

1. ATT
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:T)") else Response.Write("(NYSE:T)") end if %>

 2. International Paper
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:IP)") else Response.Write("(NYSE:IP)") end if %>

 3. General Motors
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:GM)") else Response.Write("(NYSE:GM)") end if %>

 4. Chevron Corp
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:CHV)") else Response.Write("(NYSE:CHV)") end if %>

 5. Minnesota Mining & Mfg
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MMM)") else Response.Write("(NYSE:MMM)") end if %>

 6. J.P. Morgan
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:JPM)") else Response.Write("(NYSE:JPM)") end if %>

 7. Exxon
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:XON)") else Response.Write("(NYSE:XON)") end if %>

 8. Philip Morris
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MO)") else Response.Write("(NYSE:MO)") end if %>

 9. Du Pont de Nemours & Co.
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:DD)") else Response.Write("(NYSE:DD)") end if %>

 10. Texaco
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:TX)") else Response.Write("(NYSE:TX)") end if %>

 ***NOTE: FOOLISH FOUR
STOCKS ARE ITALICISED

The Daily Dow
Friday, October 11, 1996
by Robert Sheard (MF DowMan)

LEXINGTON, KY. (October 11): After four straight days of small losses, stocks bounced back with some gusto today after fairly tame inflation numbers came out this morning. The Producer Price Index (a measure of inflation at the wholesale level) was 0.2% for the month (0.3% for the core rate). The benign inflation news relieved some anxiety in the bond market and the long bond and blue chip stocks jumped ahead on the assumption that modest growth and controlled inflation are just what businesses need.

The bond market's closed on Monday for Columbus Day (the stock market's open, though), so Tuesday the whole worrying process can begin again ahead of Wednesday's retail inflation numbers (Consumer Price Index). Gee, isn't this fun to look forward to? No? Well then, don't bother! Let me drag out our mantra here for the Dow Approach. THINK LONG TERM!! The beauty of the Dow approaches is that you don't even have to think about things like the CPI and PPI and the Fed, and interest rates, and CNBC (sorry, guys), or even the Fools -- Hey now! But it's true. For a disciplined, long-term investor, the day-to-day stuff should be nothing more than a spectator sport. Buy 'em. Forget 'em for a year. And smile at everyone else twenty years down the road.

No news for the Foolish Four holdings today, but they all joined the blue chip party, driving the portfolio above the 25% return mark for 1996. DUPONT, 3M and IMATION partied especially enthusiastically, posting nice gains. DuPont is easily the portfolio's best performer this year and Imation, the offspring of 3M, is doing its best to get back to the break-even point. Keep in mind the offer Imation has made to shareholders. If you want to sell the few shares you received in the spin-off but don't want to take a bath on the commission, Imation will buy them back directly for a charge of 90 cents per share until early November. If you only have a few shares, it makes sense to sell them back now at this reduced fee rather than hold them until the usual portfolio update and pay a full brokerage commission. Call the company for details.

Enjoy the weekend, Fools!

Transmitted: 10/11/96


Today's Dow Numbers 
      THE FOOLISH FOUR MODEL (10/11/96)  

          Day    Week  Quarter  Year  History
Fool-4   1.04%   1.22%  3.87%  25.03%  25.03%
DJIA     0.81%  -0.39%  1.48%  16.66%  16.66%
S&P 500  0.87%  -0.11%  1.94%  13.76%  13.76%
NASDAQ   0.91%   0.06%  1.74%  18.64%  18.64%


Bought  #    Stock     In At   Now   Change

1/2/96  142  DuPont    69.88  96.38  37.92%
1/2/96  380  Chevron   52.38  65.63  25.30%
1/2/96  148  E. Kodak  67.00  76.25  13.81%
1/2/96  149  3M        63.76  72.00  12.93%
7/16/96  14  Imation   26.16  25.50  -2.52%

Bought  #    Stock         Cost        Value      Change

1/2/96  142  DuPont      $9,922.25  $13,685.25  $3,763.00    
1/2/96  380  Chevron    $19,902.50  $24,937.50  $5,035.00    
1/2/96  148  E. Kodak    $9,916.00  $11,285.00  $1,369.00    
1/2/96  149  3M          $9,500.09  $10,728.00  $1,227.91    
7/16/96  14  Imation       $366.21     $357.00     $(9.21)  

      CASH      $1,524.50      
      TOTAL    $62,517.25      




Transmitted: 10/11/96

      
      

      
      

       

<% end if end function %>
  home  | news  | specials  | strategies  | personal finance  | school  | help  

<% if request.querystring("source") = "yhoolnk" then referer = Request.ServerVariables("HTTP_REFERER") if referer = "" then referer = "http://finance.yahoo.com/" response.write "

<< Back to Yahoo!

" end if %> <% function YahooWelcome if gsCookieUsername = "" and request.querystring("source") = "yhoolnk" then %>

Welcome, Fool!
Be a Fool and get free, unlimited access to our site.

What we offer:
 • Take a tour
 • Daily News
 • Talk Stocks

© Copyright 1995-2000, The Motley Fool. All rights reserved. This material is for personal use only. Republication and redissemination, including posting to news groups, is expressly prohibited without the prior written consent of The Motley Fool. The Motley Fool is a registered trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us