Alternate Route

Aug 12, 2008 - Market Looking Better, Not Perfect

 AR Index     712.15  +58.43  (+8.94%)

 Stocks of individual interest
Toyota  92.34  +9.70
GM        10.76  +0.66
Ford      5.16     +0.35

Dow 11782.35    +498.20(+4.42%)

I do like the way that light crude oil line continues to drop and drag along gas prices with it. The manufacturers seem to have lived through the reporting of second quarter results and are rebounding a bit.

I thought I'd include a comparison chart on the "Alternate Route Three" and how their individual stock prices have fared since I created the index. Remember that when I started the index I weighted each of the three stocks equally, that's why they start at the same level at the beginning of the chart. GM and Ford are certainly the big factor in the direction of the index thus far, but look at how those numbers are turning a bit!

3:32 am | Categories: ar index Permalink | Alert Administrator

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