OK if I paraphrase correctly, your answer is that the weak dollar and debt would not hurt at the least and benefit at best a company such as JNJ.
Now the bonus points are for doing the same "analysis" for the other 29 components and see if the overall "sum" supports your original statement.
Your paraphrase is COMPLETELY incorrect. You really might want to read that post again, the key words being changes, balance and impacts.
As for looking at all the companies, they are not similar businesses so the analysis cannot be paralleled nor summed.
I'm so very pleased to announce that oil also dipped to 7 month lows today, proving McBear's point, that commodities do well in this environment; oil, my friends, is not one.
Oil is only a commodity in the market. In reality you are correct, it is not.
I think the commodity guys are playing games with oil prices. Getting energy "out of sight, out of mind" would help alleviate some of the negatives for McCain/Bush ties. And it is very easy to do as there are not that many big players. They will take short losses for long term gains of another NeoCon Republican administration.
Vehicle: 1984 300GD "G" Wagen, and 1998 Steyr Puch 290GD "G" Van & a 1988 MB Trac 1000
Location: Co Antrim, Norn Ireland
Posts: 1,390
What a pity we cleaned out our stocks and shares 6 months ago and invested in farmland
Though it could get easier to buy too
So is it back to the 30's?
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