8.22.2006

DOLDRUMS RECAP


Since we are smack in the middle of the lazy summer days I thought it time to check the performance of some of the major market indexes/stocks since the year began.

Interesting how the big integrated oils have outperformed the oil service companies and how bout the semis, any chance of a bounce?

The best performance comes from SSRI (+52%), a silver stock that has been mentioned numerous times on this site. Here are some others:

QQQQ-4%
IWM+6%
SPX+4%
DIA+6%
SMH-10%
HHH-26%
IBB-7%
DRG+7%
VLO+22%
XBD+10%

GOOG-9%
MSFT-.5%
INTC-27%
XLE+15%
OIH+9%

I think this gives some pretty interesting ideas for "reversion to the mean" trades.

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