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Current DateTime: 01:02:41 07 Oct 2008
LinksList Documentid: 23371764
    • Long on Stupidity, Short on Common Sense

        Short trading the market makes it go down, right? Absolutely not! This line of thought reveals a startling degree of illiteracy about financial markets. Let's debunk the myth that short selling causes the destruction of asset value, pushing the market lower. We turn to the charts to prove our point.

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As the markets continue to swing up and down, some of the biggest names in the Dow Industrials [.DJIA  Loading...      ()   ] can be snapped up with fairly sizable yields.

Here's a look at who is currently yielding what from top to bottom:

  Highest Yielders On The Dow Industrials
SymbolDividend Yield (%)
HIGHESTPFE5.6
C4.7
T4.5
VZ4.5
MO4.0
GM3.9
DD3.6
GE3.6
JPM3.4
MRK3.1
HD3.0
MCD2.8
AVERAGE---2.7
JNJ2.6
MMM2.5
MEDIAN---2.3
KO2.3
AA2.2
CAT2.2
INTC2.2
BA2.1
PG2.1
HON1.8
UTX1.8
WMT1.8
XOM1.6
AXP1.5
AIG1.5
IBM1.5
MSFT1.3
DIS1.2
LOWESTHPQ0.7
Source: CNBC.com (Yield based on closing prices as of Jan 24, 2008)

© 2008 CNBC.com

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