Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
- A five-year uptrend stalled just above a split-adjusted $11.00 in 1992, ending a buying impulse that started at $1.81 during the October 1987 crash. The rally resumed in 1994, clearing resistance while entering an even stronger advance that continued into the 1998 high in the mid-$40s. That peak has marked steep resistance for the past two decades, ahead of a volatile downturn that gathered stream into the first quarter of 2003. -
Anyone playing much defensive and buying these boring vehicles?!
