DJ divident index fund
has not retraced the entire rally that followed the Fed rate cuts.
Amazingly, back below both 50 and 200-dma's
Strange -- dividend-paying stocks are generally interest-rate sensitive -- this is a funny chart.
DVY
Started by
Jnavin
, Sep 25 2007 05:54 PM
3 replies to this topic
#2
Posted 25 September 2007 - 06:41 PM
I can't seem to go back and edit that post.
I meant to say "...has NOW retraced..." not "...not retraced."
Changes the meaning a bit.
#3
Posted 27 September 2007 - 10:16 PM
John, do you think dividend-paying stocks are also sensitive to a debasement of the currency that the dividends are denominated in?
I would think so, but, like what Tom Sawyer said about being "dog-tired," that's me.
Doug
#4
Posted 28 September 2007 - 03:02 PM
Exactly my thinking, porkloin. From here foward, it might not necessarily be the case that interest-rate sensitive stocks -- especially big Dow-type dividend plays -- will rally on big Fed rate cuts.
Might be better off in tech stocks...