Present value of $10,000 investment made January 3, 1994 minus fees and commissions. Rates reflect Wednesday close. Copyright 1994, The Meyers Report
Well rested after the holiday weekend, six horses increased their unrealized profits, tossing their manes in anticipation of a win, while four came back dragging their tails. The saver steeds regained their leading positions of first, second and third. Savings Bond, Money Market Funds and 90-day CD gained $8, $6, and $5, respectively. Silver plummeted from her pedestal this week with a $427 decline, anchoring her in fourth. Old Blue, though picking up $14, could not break from fifth. Gold followed Silver's lead, losing $24 and sticking in sixth. Lipper Mutual gained $36, but that only bought him eighth place, while Lipper International, despite a $39 loss, moved up to seventh. OTC remains ninth, gaining $43 for the week. The 30-year T-Bond seems to have tied himself to last place, watching his interest rate rise and his value spiral downward, losing $10 for the week.