Our 4-Hour Workweek

Mr. Market gives and Mr. Market takes. This week he took back precisely what he gave the previous week. Last week the Dow Jones Industrial Average gained 4.4% and this week the Dow fell 4.4%.

For the week:

• The Dow Jones Industrial Average fell 4.4% (-8.2% year to date) to 12,182.13.
• The NASDAQ fell 4.5% (-13.1% year to date) to 2,304.85.
• The S&P 500 Index fell 4.6% (-9.3% year to date) to 1,331.29.
• The Power Women 50 Index fell 2.4% (-6.6% year to date) to $88,168.83 (details).
• The Magic Formula Index fell 5.7% (-10.5% year to date) to $87,694.29 (details).
• The Dogs of the Dow fell 6.7% (-3.8% year to date) to $96,222.01 (details).
• Our 4-Hour Workweek basket of stocks and cash fell 1.9% (-10.2% year to date) to $21,680.01.
• Pierre's 401K group of mutual funds fell 4.8% (-11.3% year to date) to $60,445.49.

Upcoming this week – I plan to invest $1,043.30 in my 401K. du Pont (NYSE symbol DD) and General Motors (NYSE symbol GM) will announce their dividends. I expect du Pont will pay 41 cents per share (3.63% yield) and GM 25 cents per share (3.8% yield). The Dogs of the Dow offer great yields given the current market conditions.

Pierre Cutler
Our 4-Hour Workweek