Monday, December 31, 2007

Down stocks on last day of the year

Gloomy day, stocks down on last day of the year. Dow declined 101 but decliners only beat advancers by 20%. NAZ slipped 22. New 52 week NYSE lows dominated news for me, over 264 on the list. Because I don't type well, here are a few symbols of stocks I recognize on the list: C, WM, F, BAC, CC, AMD, S, WB, WYE, MAT, LIZ, ANN, VFC, and on & on. This includes banks & retailers plus clothing, drugs, cell phone providers. Groups I follow saw financials up, REIT's down while junk bond funds muddled along.

Dow started at about 12½ & ended about 700 (or .7) points higher. As said last time, the second half saw a bumpy ride. Tomorrow I'll try to get in a review of the year

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