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Old 01-03-2012, 04:15 PM   #1
vSzsgifP

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Oct 2005
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Default Wall Street back at Square One, with S&P flat in 2011
For the U.S. stock market, 2011 was a long wild ride to nowhere.

The broad S&P 500 endured huge daily swings but a year of drama left the index almost where it started. It lost a mere 0.003 percent, closest to unchanged since 1947, according to Standard & Poor's.


"They overwhelmed the fundamentals. I didn't think the euro- zone crisis would have been so protracted as it has become."

The Dow industrials gained 5.5 percent for the year as investors sought safety in large-cap, dividend-paying stocks. The Nasdaq lost 1.8 percent.

Investors took out their ire on the financials, which were the weakest group this year, falling more than 18 percent. Concerns about exposure to Europe and the threat of a renewed financial crisis hurt those shares.

Bank of America Corp was the Dow's worst performer, tumbling 58.3 percent this year, and it was also one of the S&P 500's biggest losers. JPMorgan Chase & Co (NYSE:JPM - NewsJPM.N) slumped 21.6 percent in 2011


http://finance.yahoo.com/news/Wall-S...29550.html?x=0
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Old 01-03-2012, 04:20 PM   #2
DoctorIrokezov

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Default
Stock market finished flat for the year

Silver finished flat for the year as well.

only differnce if you bought on the dipps you would be up almost 400% in the 12 months if you dollar cost average you would probally be up 125-185% over the same period.

You wont see this mentioned on CNBC
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