Market Activity Overview

1
Market Activity Overview

• Accounting Committee
• 11-18-04

2
Wilshire 5000
3
SP 500
4
Market Activity News

• Kmart and Sears 11B merger announced yesterday
  to create the third largest U.S. retailer
• Oil around 46 a barrel, 9 lower than its record
  highs set in October

5
Market Activity News

• Wilshire 5000 up 1.2 since last Tuesday
• SP 500 up 1 since last Tuesday
• Since last Tuesday, the SMIF portfolio is up
  1.23 from 322,806.86 to 326,774.96

6
Conclusion

• Whoa! We beat our benchmarks! ?
• Purchased 200 shares of APA, which was up
  yesterday
• Sold C at 46.05, which stayed about the same
  yesterday
• GE continues to rise
• Have a Happy Turkey Day!!!!!!!!