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The S&P 500 would be at an all-time high if you could just remove those pesky financials....

The S&P 500 would be at an all-time high if you could just remove those pesky financials. Goldman Sachs' (GS) bad year (-17% YTD) is only topped in that sector by Hudson City Bancorp (HCBK), down 27.2% this year, and AIG, down 46.8% YTD.
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Comments (2)
  • Stoploss
    , contributor
    Comments (1727) | Send Message
     
    Remove them from the S&P and replace them, problem solved. The issue with manipulation is, you have to manipulate everything. It's the little things like this, that bring it crashing down in the end.
    17 May 2011, 11:52 AM Reply Like
  • User 487974
    , contributor
    Comments (1105) | Send Message
     
    W.T.F.? Or it could be at all time "LOW'S" if we were operating in a true "Free Market", one day this will clear. I would posit we are much closer to the day of reckoning than a new dawn and sunshine and lollipops. Risk paramount to the downside.
    S&P year end target, 589.85
    Jerry
    17 May 2011, 12:47 PM Reply Like
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