Mid year posting S&P 100
I've started to experiment putting charts in this blog so be patient during my growing pains.
A picture is worth a thousand words and this is a 2 year chart of the Ishares S&P 100 index.{Symbol OEF} It is a proxy for the OEX index which is made up of the top 100 stocks in the S&P 500. It has almost 0% appreciation since January of 2004. In fact without a positive return in energy related stocks it would probably have posted a negative return in this time frame. {Note: you can click on the chart to enlarge it.
*Mr. English and/or clients of Lumen Capital Management, LLC hold or have held postitions in OEF. Although positions are subject to change at any time.
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