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Re: paul from jersey post# 51700

Monday, 06/25/2007 8:15:04 PM

Monday, June 25, 2007 8:15:04 PM

Post# of 143047
This goes out to all you PK stock buffs - but the PK stocks typically (as a whole) do follow the Dow Jones/S&P, but not day to day. If the S&P as a whole is down greatly over a quarter, than than PK stocks at large tend to be down the next quarter. It's a delayed effect. so if today or yesterday the S&P is down, then don't worry about it. If the market makes a correction over a long period, than expect some people to be suring up their investments and pulling out of the more risky PK stocks in the next quarter. But that tend is just true as a whole - in general there is NO correlation between the S&P and PK stocks and there are always PK stocks that do well when the market is down, and vice versa. You gotta look big picture and don't get tripped up in the day-to-day. It wastes TOO much energy.

Remember the Widows and Orphans.