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Tuesday, March 4, 1997
The Daily Dow FOOL GLOBAL WIRE by Robert Sheard LEXINGTON, KY. (Mar. 4, 1997) -- For the first two months of 1997, the Blue Chips have led the market. The technology and smaller stocks represented by the Nasdaq Composite have lagged noticeably. But today, there was a decided change in dynamics. After sitting still most of the day, blue chips stalled and then dropped some 66 points late in the afternoon, apparently the work of a couple of program trading blocks. But the Nasdaq made its first significant move upwards in recent sessions, bucking the trend of the Dow and the S&P 500. Does this mean anything crucial? Probably not, but it's interesting to note that whenever one of these indices tends to get ahead of the others, they pull it back like a surging runner who's having to do all the work herself and comes back to the pack. I mentioned a day or two ago that PHILIP MORRIS <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: MO)") else Response.Write("(NYSE: MO)") end if %> and EXXON <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: XON)") else Response.Write("(NYSE: XON)") end if %> have approved splits, potentially changing the Beating the Dow order dramatically. Yesterday, DUPONT <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: DD)") else Response.Write("(NYSE: DD)") end if %> joined the group, announcing a two-for-one split. DuPont isn't currently among the top ten yielders, but as number eleven, it could re-enter the group in the near future. So, if you're considering a new Dow portfolio or updating an existing one, you might consider testing the rankings with the split prices to determine if you want the post-split group. As I mentioned last time, there's no real precedent for this situation, and my "official" rankings will stick with the actual prices. For a twist on high-yield investing (and Beating the S&P) check out my report this evening in the Foolish Workshop! (c) Copyright 1997, 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 Current BTD 10 1. AT&T <% 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. *Goodyear Tire <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:GT)") else Response.Write("(NYSE:GT)") end if %> 4. *General Motors <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:GM)") else Response.Write("(NYSE:GM)") end if %> 5. *Chevron <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:CHV)") else Response.Write("(NYSE:CHV)") end if %> 6. Minnesota Mining <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MMM)") else Response.Write("(NYSE:MMM)") end if %> 7. Exxon <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:XON)") else Response.Write("(NYSE:XON)") end if %> 8. J.P. Morgan <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:JPM)") else Response.Write("(NYSE:JPM)") end if %> 9. Texaco <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:TX)") else Response.Write("(NYSE:TX)") end if %> 10. Philip Morris <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MO)") else Response.Write("(NYSE:MO)") end if %> ***NOTE: FOOLISH FOUR STOCKS ARE PRECEDED BY AN ASTERISK AND ARE ITALICISED Last Update: 03/04/97
Today's Dow Numbers Stock Change Last -------------------- T - 7/8 36.00 GM -2 1/4 57.00 CHV - 1/2 65.13 MMM -2 3/8 90.13 Day Month Year Since 1996 FOOL-4 -2.38% -4.22% -3.05% 25.35% DJIA -0.96% -0.36% 6.27% 33.92% S&P 500 -0.55% 0.02% 6.78% 28.42% NASDAQ +0.47% 0.64% 2.04% 25.21% Rec'd # Security In At Now Change 1/2/96 155 3M 64.50 90.13 39.72% 1/2/96 198 Chevron 52.38 65.13 24.34% 1/2/97 231 Gen. Motor 55.75 57.00 2.24% 1/2/97 618 AT&T 41.75 36.00 -13.77% Rec'd # Security In At Value Change 1/2/96 155 3M 9998.09 13969.38 $3971.29 1/2/96 198 Chevron 10370.25 12894.75 $2524.50 1/2/97 231 Gen. Motor 12878.25 13167.00 $288.75 1/2/97 618 AT&T 25801.50 22248.00 -$3553.50 CASH $396.17 TOTAL $62675.30

Main Page Fool Wire Hall of Portfolios Fool's School Daily News Fool Mart Foolish Games Copyright©1997, 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, Inc. Legal Disclaimer, in fine print of course! Questions or Comments? Please contact Ted Verrill at [email protected]