Charles B. Carlson, CFA

The list below ranks the 30 Dow stocks on the ratio of stock price to 200-day moving average price, from the lowest ratio to the highest ratio. The 10 Dow stocks with the lowest ratios are highlighted. A variation of my Worst-To-First Strategies focuses on creating portfolios from the 10 Dow stocks with the lowest ratio of current stock price to 200-day moving average price (1-stock, 3-stock, 5-stock, or 10-stock portfolios). For example, if you want a 3-stock portfolio, buy the first three stocks in the list and hold for 12 months.

FURTHEST FROM 200-DAY MOVING AVERAGE (Data as of: 3/8/2010)

Company Name	Ticker	Recent Price $	YTD % Price Change	Close Ratio
EXXON MOBIL CORP	XOM	66.48	-2.5	0.952
VERIZON COMMUNICATIONS INC	VZ	29.63	-10.6	0.972
AT&T INC	T	25.28	-9.8	0.977
PFIZER INC	PFE	17.35	-4.6	1.023
COCA-COLA CO	KO	54.46	-4.5	1.028
CHEVRON CORP	CVX	74.64	-3.1	1.028
JPMORGAN CHASE & CO	JPM	42.59	2.2	1.044
INTL BUSINESS MACHINES CORP	IBM	126.41	-3.4	1.047
JOHNSON & JOHNSON	JNJ	64.20	-0.3	1.051
WAL-MART STORES	WMT	54.15	1.3	1.051
ALCOA INC	AA	13.78	-14.5	1.063
KRAFT FOODS	KFT	29.17	7.3	1.066
MICROSOFT CORP	MSFT	28.63	-6.1	1.073
INTEL CORP	INTC	20.77	1.8	1.081
BANK OF AMERICA CORP	BAC	16.74	11.2	1.086
MCDONALD'S CORP	MCD	65.12	4.3	1.091
PROCTER & GAMBLE CO	PG	63.19	4.2	1.094
GENERAL ELECTRIC CO	GE	16.27	7.5	1.098
3M CO	MMM	81.31	-1.6	1.100
DU PONT (E I) DE NEMOURS	DD	35.37	5.0	1.115
THE TRAVELERS COMPANIES INC	TRV	53.80	7.9	1.119
HEWLETT-PACKARD CO	HPQ	51.73	0.4	1.119
MERCK & CO	MRK	37.35	2.2	1.131
UNITED TECHNOLOGIES CORP	UTX	70.76	1.9	1.132
AMERICAN EXPRESS CO	AXP	39.71	-2.0	1.150
CISCO SYSTEMS INC	CSCO	26.13	9.1	1.156
CATERPILLAR INC	CAT	58.91	3.4	1.169
DISNEY (WALT) CO	DIS	33.19	2.9	1.177
HOME DEPOT INC	HD	31.96	10.5	1.184
BOEING CO	BA	67.24	24.2	1.295