Biggest Gainers, Losers Since 9/29

September 29th was the day we view as having begun the market mess that characterized the beginning of the month.  The S&P 500 was down 8.8% that day, sending the market into a further tailspin over the next two weeks.  The markets were up only one day out of ten, and the S&P was down over 25%.  Every member of the S&P 500 was lower during that period, below we highlight the stocks that were down the least and those that were down the most. 

CME posted the smallest decline, down only 1.47%, while GGP was down the most at 71.73% after cutting its dividend.  With many expecting the market to snap back very quickly, some of these stocks could emerge as market leaders, while others may recoup losses.

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Comments

[trader_murf:]

Buy and hold is bogus we are back to 1999 levels. I am down this year but far less than the averages because of watching stocks, taking profits and cutting losses. In retrospect I should have cut even more losses. The most frightening thing I am hearing in the media is just sit pat and hold, it will come back and even worse one so-called financial expert on TV advising to only looking at your 401K statements once or twice a year! I learned something from the tech crash. I am working on educating my friends who are now willing to pay attention about having some cash and at least knowing what you own and not to blindly trust so-called financial advisors.

2008 Oct 13 02:05 PM

[frankinstein:]

Thank Tou Mr.Sense for taking the time to create this list.
me, I am going to sit on my hands for awhile.
it is to early to trust this market.

2008 Oct 13 06:02 PM