Share-o-matic

Assessment - SP Global 100 in Swiss Franc - 7/01/24 - RS = 23

		⇓instrument	freshest		Δday	7/01/24	⇓ Δwk	1/22/24	prc diff	⇓ Δ23	⇓∅-RS
	L	S&P Global 100	3,394.995	8/12/24	0.32	3,569.577	-4.89	2,896.444	673.132	23.24	22.51
	L	RWE	31.365	8/12/24	1.70	31.598	-0.74	34.749	-3.151	-9.07	-7.31
		Canon	25.307	8/09/24	1.64	24.647	2.68	22.126	2.521	11.39	5.30
		BP	502.177	8/12/24	1.35	546.615	-8.13	492.844	53.771	10.91	0.72
		Panasonic	5.920	8/09/24	1.34	7.371	-19.69	8.252	-0.881	-10.67	-16.69
	L	Ericsson	6.040	8/12/24	1.14	5.702	5.93	5.100	0.603	11.82	21.35
	L	Walmart	62.079	8/12/24	1.10	60.977	1.81	47.003	13.973	29.73	23.30
		Samsung Electronics	49.335	8/12/24	1.07	53.452	-7.70	48.771	4.681	9.60	9.65
	S	Diageo	2,800.472	8/12/24	1.03	2,833.029	-1.15	2,983.802	-150.773	-5.05	-14.24
	L	Münchener Rück	425.695	8/12/24	1.01	452.543	-5.93	377.014	75.529	20.03	21.00
		Shell	32.009	8/12/24	0.93	32.838	-2.52	26.473	6.365	24.04	13.21
		Standard Chartered	824.777	8/12/24	0.92	836.429	-1.39	641.509	194.920	30.38	9.84
	L	Vodafone	85.037	8/12/24	0.87	80.239	5.98	75.277	4.961	6.59	0.49
		Barclays	251.431	8/12/24	0.85	243.549	3.24	160.145	83.404	52.08	36.57
		E.on	11.946	8/12/24	0.78	11.830	0.98	11.791	0.039	0.33	3.82
	S	Bristol-Myers	42.525	8/12/24	0.73	37.320	13.95	43.044	-5.724	-13.30	-19.42
		UnibailRodaWestfield	3.335	8/12/24	0.73	3.618	-7.81	3.065	0.553	18.03	28.54
	L	HP	30.525	8/12/24	0.72	31.600	-3.40	25.338	6.262	24.71	20.16
	L	Apple	196.566	8/12/24	0.71	195.861	0.36	168.363	27.498	16.33	20.39
		Repsol	12.372	8/12/24	0.67	14.427	-14.24	12.283	2.144	17.46	5.47
	L	AstraZeneca	14,599.238	8/12/24	0.63	14,055.479	3.87	11,700.969	2,354.510	20.12	17.00
		TotalEnergies	59.822	8/12/24	0.60	61.654	-2.97	54.650	7.004	12.82	5.53
	S	McDonald´s	243.492	8/12/24	0.58	225.898	7.79	259.122	-33.224	-12.82	-8.59
		Rio Tinto	5,645.496	8/12/24	0.56	5,979.062	-5.58	5,842.750	136.312	2.33	2.35
	L	ABB	45.510	8/12/24	0.55	50.380	-9.67	36.260	14.120	38.94	36.38
		⇓instrument	freshest		Δday	7/01/24	⇓ Δwk	1/22/24	prc diff	⇓ Δ23	⇓∅-RS
	L	Deutsche Telekom	23.970	8/12/24	0.49	22.952	4.43	22.049	0.903	4.09	12.58
	S	Engie	14.863	8/12/24	0.49	13.308	11.69	14.787	-1.479	-10.00	-8.45
		Societe Generale	19.889	8/12/24	0.44	21.905	-9.20	22.115	-0.210	-0.95	-3.98
		UBS	24.850	8/12/24	0.44	26.980	-7.89	25.360	1.620	6.39	17.63
		GSK	1,795.775	8/12/24	0.42	1,743.227	3.01	1,719.015	24.212	1.41	2.75
		Prudential	725.849	8/12/24	0.41	815.867	-11.03	879.948	-64.082	-7.28	-14.42
		Nike	67.447	8/12/24	0.40	69.426	-2.85	87.321	-17.895	-20.49	-22.79
		Vivendi	9.196	8/12/24	0.40	9.570	-3.91	9.308	0.262	2.82	9.08
	L	Raytheon Tech	105.363	8/12/24	0.39	89.956	17.13	73.827	16.130	21.85	14.75
		Schneider Electric	204.754	8/12/24	0.38	218.420	-6.26	170.338	48.083	28.23	27.36
		Aviva	553.126	8/12/24	0.35	543.759	1.72	485.386	58.373	12.03	14.32
	L	Anglo American	2,550.297	8/12/24	0.29	2,778.767	-8.22	1,934.914	843.854	43.61	18.66
	S	Sony	68.929	8/09/24	0.28	76.899	-10.36	86.859	-9.960	-11.47	-0.40
		Banco Bilbao Viz	8.650	8/12/24	0.27	9.208	-6.06	7.733	1.475	19.07	14.88
		Aegon	5.391	8/12/24	0.22	5.676	-5.02	5.256	0.420	7.99	14.56
	L	HSBC	735.559	8/12/24	0.22	789.250	-6.80	659.851	129.399	19.61	12.58
		ING Groep	14.764	8/12/24	0.21	15.855	-6.88	12.179	3.676	30.18	22.97
		JP Morgan Chase	186.319	8/12/24	0.19	185.650	0.36	147.714	37.937	25.68	26.65
		Microsoft	367.605	8/12/24	0.19	412.714	-10.93	344.307	68.408	19.87	25.25
	L	Novartis	96.740	8/12/24	0.16	96.720	0.02	94.400	2.320	2.46	5.45
		Deutsche Bank	12.899	8/12/24	0.14	14.932	-13.62	11.299	3.633	32.15	33.14
		Exxon Mobil	107.532	8/12/24	0.13	103.881	3.51	84.073	19.808	23.56	8.14
	L	Morgan Stanley	85.700	8/12/24	0.13	89.604	-4.36	74.443	15.161	20.37	16.61
		Telefónica	3.908	8/12/24	0.12	3.861	1.23	3.608	0.252	6.99	4.49
		Swiss Re	104.000	8/12/24	0.10	112.400	-7.47	99.360	13.040	13.12	12.30
		⇓instrument	freshest		Δday	7/01/24	⇓ Δwk	1/22/24	prc diff	⇓ Δ23	⇓∅-RS
	L	Philip Morris	104.902	8/12/24	0.07	91.492	14.66	80.261	11.231	13.99	9.25
		Chevron	131.044	8/12/24	0.02	141.436	-7.35	123.730	17.706	14.31	2.58
		Siemens	152.366	8/12/24	0.01	171.674	-11.25	154.629	17.045	11.02	14.82
		Allianz	248.031	8/12/24		254.428	-2.51	236.438	17.990	7.61	11.02
		Citigroup	52.266	8/12/24		57.317	-8.81	45.883	11.434	24.92	30.08
	L	Bayer	25.162	8/12/24	-0.04	25.365	-0.80	31.091	-5.726	-18.42	-23.70
	S	National Grid	1,117.676	8/12/24	-0.04	1,011.437	10.50	1,139.159	-127.722	-11.21	-10.43
	L	Texas Instruments	173.551	8/12/24	-0.08	175.846	-1.31	151.812	24.034	15.83	17.94
		BHP	2,392.082	8/12/24	-0.14	2,611.413	-8.40	2,611.449	-0.036	-0.00	-0.37
		Honda Motor	7.942	8/09/24	-0.14	9.846	-19.34	9.449	0.397	4.20	1.55
	S	LVMH	615.571	8/12/24	-0.14	690.106	-10.80	627.316	62.790	10.01	-5.70
		Toyota	13.688	8/09/24	-0.14	18.366	-25.47	17.501	0.865	4.94	7.21
		General Electric	150.788	8/12/24	-0.16	143.650	4.97	113.953	29.697	26.06	25.31
	S	BASF	40.011	8/12/24	-0.22	43.025	-7.01	40.517	2.508	6.19	-2.64
		Banco Santander	3.963	8/12/24	-0.24	4.311	-8.06	3.534	0.777	21.99	16.91
	L	DuPont	70.781	8/12/24	-0.25	71.631	-1.19	64.596	7.035	10.89	9.70
	S	Orange	9.804	8/12/24	-0.25	9.136	7.31	10.625	-1.489	-14.01	-10.89
	L	Pfizer	25.708	8/12/24	-0.35	25.500	0.82	24.583	0.918	3.73	-4.66
		Carrefour	13.308	8/12/24	-0.36	12.983	2.50	15.065	-2.082	-13.82	-17.72
	L	Unilever	53.406	8/12/24	-0.36	49.761	7.32	40.867	8.894	21.76	11.96
	L	Nestlé	88.640	8/12/24	-0.40	91.880	-3.53	97.490	-5.610	-5.75	-4.40
		Saint-Gobain	71.298	8/12/24	-0.41	72.209	-1.26	59.079	13.130	22.23	19.31
	S	Johnson & Johnson	144.472	8/12/24	-0.46	132.327	9.18	141.080	-8.752	-6.20	-4.79
	S	Volkswagen	90.625	8/12/24	-0.47	102.789	-11.83	102.146	0.643	0.63	-6.46
		Seven & i	9.354	8/09/24	-0.54	10.962	-14.67	11.329	-0.367	-3.24	-7.32
		⇓instrument	freshest		Δday	7/01/24	⇓ Δwk	1/22/24	prc diff	⇓ Δ23	⇓∅-RS
	S	Nissan Motor	2.294	8/09/24	-0.56	3.089	-25.74	3.426	-0.336	-9.82	-11.40
		PepsiCo	154.900	8/12/24	-0.56	147.192	5.24	143.372	3.820	2.66	-3.71
	S	Mercedes-Benz	55.712	8/12/24	-0.57	62.807	-11.30	56.107	6.700	11.94	-1.56
		Sanofi	92.728	8/12/24	-0.60	89.026	4.16	89.143	-0.118	-0.13	0.80
	L	3M	111.472	8/12/24	-0.65	90.914	22.61	93.798	-2.884	-3.08	4.12
		Caterpillar	303.646	8/12/24	-0.66	297.366	2.11	250.665	46.702	18.63	15.10
	L	Coca-Cola	61.600	8/12/24	-0.74	57.182	7.73	51.727	5.454	10.54	8.35
		Axa	31.355	8/12/24	-0.77	30.299	3.49	29.066	1.233	4.24	5.69
	L	Colgate-Palmolive	91.519	8/12/24	-0.77	86.333	6.01	69.832	16.501	23.63	20.93
	L	Alphabet A	146.650	8/12/24	-0.84	165.355	-11.31	126.769	38.586	30.44	32.58
	L	Philips	25.259	8/12/24	-0.91	22.729	11.13	20.422	2.307	11.30	18.20
		Merck (MSD)	102.544	8/12/24	-0.93	115.574	-11.27	103.706	11.868	11.44	13.76
	L	Goldman Sachs	438.712	8/12/24	-0.97	418.976	4.71	335.146	83.831	25.01	29.55
	S	Kimberly-Clark	1.677	8/12/24	-1.01	1.536	9.18	1.945	-0.409	-21.01	-18.89
		IBM	171.220	8/12/24	-1.03	158.225	8.21	150.076	8.150	5.43	12.11
		Marsh & McLennan	196.404	8/12/24	-1.23	189.988	3.38	172.314	17.674	10.26	9.02
	L	Fox A	35.088	8/12/24	-1.27	30.832	13.80	27.153	3.679	13.55	10.46
		Bridgestone	31.218	8/09/24	-1.33	35.206	-11.33	37.250	-2.044	-5.49	-3.88
		L´Oreal	365.068	8/12/24	-1.59	399.573	-8.64	401.949	-2.376	-0.59	-1.90
	S	Intel	17.494	8/12/24	-1.78	27.868	-37.22	41.871	-14.004	-33.44	-16.59
	L	Procter & Gamble	150.734	8/12/24	-2.19	147.038	2.51	128.393	18.645	14.52	7.34
	S	Ford Motor	8.910	8/12/24	-2.38	11.530	-22.73	9.725	1.805	18.56	7.41
SP Global 100 - 96 out of 96 instruments rated - 7/01/24 / 1/22/24 - 71 did rise, Market-Ratio(23) in CHF = 73.96 %

Technical Chart

	SP Global 100 RS = 23 - B/S = 39/39

1/03/22	scale up chart	7/01/24

Transactions SP Global 100 in Swiss Franc * S23 - 39 ex 15 (1)

													⇐
L/S	date buy	date sell	days		instrument	spl	pieces	prc buy	prc sell	ps short	prc diff	d %	asset	yield
1/02/06		6/12/06	161		- cash -
short	6/12/06	7/03/06	21		Intel	100	481	20.758	23.678	17.838	-2.920	-14	8,595	-93
7/03/06		7/17/06	14		- cash -
	7/17/06	7/24/06	7		Ford Motor	100	1,086	7.913	7.865	7.961	0.048	1	8,647	37
7/24/06		8/07/06	14		- cash -
	8/07/06	8/14/06	7		Intel	100	408	21.190	22.217	20.164	-1.027	-5	8,228	-92
8/14/06		9/11/06	28		- cash -
	9/11/06	9/18/06	7		Deutsche Telekom	100	449	18.296	18.585	18.007	-0.289	-2	8,098	-56
9/18/06		11/19/07	427		- cash -
	11/19/07	12/03/07	14		Ericsson	100	621	13.033	14.105	11.961	-1.072	-8	7,433	-89
12/03/07		12/17/07	14		- cash -
	12/17/07	12/24/07	7		Ericsson	100	546	13.602	13.313	13.897	0.295	2	7,594	206
12/24/07		1/21/08	28		- cash -
	1/21/08	8/11/08	203		Citigroup	100	28	268.050	214.512	334.949	66.899	25	9,467	49
8/11/08		9/01/08	21		- cash -
	9/01/08	10/06/08	35		UBS	100	395	23.920	20.900	27.376	3.456	14	10,832	309
	10/06/08	11/24/08	49		Anglo American	100	358	30.228	25.361	36.028	5.801	19	12,909	270
	11/24/08	4/06/09	133		Citigroup	100	177	72.744	30.762	172.023	99.278	136	30,481	961
4/06/09		4/13/09	7		- cash -
	4/13/09	4/27/09	14		Citigroup	100	694	43.871	34.970	55.036	11.166	25	38,230	36,828
4/27/09		5/24/10	392		- cash -
	5/24/10	7/12/10	49		Banco Bilbao Viz	100	3,279	11.658	12.009	11.307	-0.351	-3	37,078	-20
7/12/10		8/16/10	35		- cash -
	8/16/10	9/27/10	42		BP	100	5,521	6.715	6.283	7.178	0.462	7	39,629	78
9/27/10		10/04/10	7		- cash -
	10/04/10	10/11/10	7		RWE	100	601	65.920	65.598	66.243	0.323	0	39,824	29
10/11/10		6/13/11	245		- cash -
	6/13/11	6/20/11	7		Sony	100	188,819	0.211	0.208	0.214	0.003	1	40,407	114
6/20/11		6/27/11	7		- cash -
	6/27/11	7/04/11	7		Philips	100	2,021	19.993	21.558	18.427	-1.566	-8	37,244	-99
7/04/11		7/18/11	14		- cash -
	7/18/11	1/09/12	175		Carrefour	100	1,500	24.828	20.177	30.551	5.723	23	45,828	54
1/09/12		6/04/12	147		- cash -
	6/04/12	6/18/12	14		Repsol	100	3,119	14.692	14.667	14.717	0.025	0	45,907	5
6/18/12		10/13/14	847		- cash -
	10/13/14	11/03/14	21		Saint-Gobain	100	1,189	38.600	41.076	36.124	-2.476	-6	42,963	-68
11/03/14		8/17/15	287		- cash -
	8/17/15	11/23/15	98		Anglo American	100	3,733	11.508	6.800	19.474	7.967	69	72,703	609
11/23/15		11/30/15	7		- cash -
	11/30/15	2/01/16	63		Anglo American	100	11,496	6.324	4.033	9.917	3.593	57	114,002	1,255
2/01/16		2/08/16	7		- cash -
	2/08/16	2/29/16	21		Deutsche Bank	100	8,365	13.627	15.499	11.755	-1.872	-14	98,342	-92
2/29/16		3/28/16	28		- cash -
	3/28/16	4/25/16	28		Standard Chartered	100	16,076	6.117	7.350	4.884	-1.233	-20	78,514	-95
4/25/16		5/02/16	7		- cash -
	5/02/16	5/23/16	21		Deutsche Bank	100	4,984	15.752	15.020	16.519	0.768	5	82,339	129
5/23/16		3/26/18	672		- cash -
	3/26/18	4/23/18	28		General Electric	100	844	97.513	113.653	81.372	-16.140	-17	68,717	-91
L/S	date buy	date sell	days		instrument	spl	pieces	prc buy	prc sell	ps short	prc diff	d %	asset	yield
4/23/18		6/04/18	42		- cash -
	6/04/18	6/11/18	7		Deutsche Bank	100	6,233	11.024	11.238	10.810	-0.214	-2	67,383	-64
6/11/18		6/18/18	7		- cash -
	6/18/18	7/16/18	28		Deutsche Bank	100	6,149	10.958	12.030	9.886	-1.072	-10	60,794	-74
7/16/18		10/15/18	91		- cash -
	10/15/18	11/26/18	42		Vodafone	100	30,464	1.996	2.109	1.882	-0.113	-6	57,338	-40
	11/26/18	12/03/18	7		General Electric	100	947	60.514	62.346	58.681	-1.833	-3	55,602	-80
12/03/18		12/10/18	7		- cash -
	12/10/18	2/04/19	56		General Electric	100	1,013	54.860	81.509	28.212	-26.649	-49	28,607	-99
	2/04/19	2/11/19	7		Societe Generale	100	973	29.374	27.863	30.967	1.593	5	30,157	1,469
2/11/19		3/04/19	21		- cash -
	3/04/19	3/18/19	14		Vodafone	100	17,418	1.731	1.731	1.731	0.000	0	30,157	0
3/18/19		3/02/20	350		- cash -
	3/02/20	7/20/20	140		Nissan Motor	100	738,612	0.041	0.037	0.045	0.004	9	32,942	26
	7/20/20	8/10/20	21		UnibailRodaWestfield	100	12,207	2.699	2.318	3.141	0.443	16	38,348	1,303
8/10/20		3/07/22	574		- cash -
	3/07/22	3/14/22	7		Vivendi	100	3,544	10.819	12.062	9.576	-1.243	-11	33,942	-100
3/14/22		6/13/22	91		- cash -
	6/13/22	8/15/22	63		Philips	100	1,536	22.090	18.758	26.015	3.924	18	39,970	158
8/15/22		8/29/22	14		- cash -
	8/29/22	11/21/22	84		Philips	100	2,453	16.293	13.421	19.780	3.487	21	48,523	132
11/21/22		10/09/23	322		- cash -
	10/09/23	10/16/23	7		Raytheon Tech	100	732	66.252	66.615	65.889	-0.363	-1	48,257	-25
10/16/23		10/23/23	7		- cash -
	10/23/23	11/06/23	14		Pfizer	100	1,755	27.486	27.987	26.985	-0.501	-2	47,378	-38
11/06/23		2/02/26	819		- cash -
accum	6/12/06	11/06/23	1575	days out of 7336 invested (21%)							374		47,378	43

Instrument Related Contribution

instrument	L/S	date buy	date sell	days	prc buy	prc sell	ps short	prc diff	d %	total
Citigroup	short	1/21/08	8/11/08	203	268.05	214.51	334.95	66.90	24.96
		11/24/08	4/06/09	133	72.74	30.76	172.02	99.28	136.48
		4/13/09	4/27/09	14	43.87	34.97	55.04	11.17	25.45	270.70
Anglo American		10/06/08	11/24/08	49	30.23	25.36	36.03	5.80	19.19
		8/17/15	11/23/15	98	11.51	6.80	19.47	7.97	69.23
		11/30/15	2/01/16	63	6.32	4.03	9.92	3.59	56.81	216.28
Philips		6/27/11	7/04/11	7	19.99	21.56	18.43	-1.57	-7.83
		6/13/22	8/15/22	63	22.09	18.76	26.01	3.92	17.76
		8/29/22	11/21/22	84	16.29	13.42	19.78	3.49	21.40	31.77
Carrefour		7/18/11	1/09/12	175	24.83	20.18	30.55	5.72	23.05	23.05
UnibailRodaWestfield		7/20/20	8/10/20	21	2.70	2.32	3.14	0.44	16.41	16.41
UBS		9/01/08	10/06/08	35	23.92	20.90	27.38	3.46	14.45	14.45
Nissan Motor		3/02/20	7/20/20	140	0.04	0.04	0.04	0.00	9.24	9.24
BP		8/16/10	9/27/10	42	6.72	6.28	7.18	0.46	6.88	6.88
Societe Generale		2/04/19	2/11/19	7	29.37	27.86	30.97	1.59	5.42	5.42
Sony		6/13/11	6/20/11	7	0.21	0.21	0.21	0.00	1.47	1.47
Ford Motor		7/17/06	7/24/06	7	7.91	7.87	7.96	0.05	0.60	0.60
RWE		10/04/10	10/11/10	7	65.92	65.60	66.24	0.32	0.49	0.49
Repsol		6/04/12	6/18/12	14	14.69	14.67	14.72	0.03	0.17	0.17
Raytheon Tech		10/09/23	10/16/23	7	66.25	66.61	65.89	-0.36	-0.55	-0.55
Deutsche Telekom		9/11/06	9/18/06	7	18.30	18.58	18.01	-0.29	-1.58	-1.58
Pfizer		10/23/23	11/06/23	14	27.49	27.99	26.99	-0.50	-1.82	-1.82
Banco Bilbao Viz		5/24/10	7/12/10	49	11.66	12.01	11.31	-0.35	-3.01	-3.01
Vodafone		10/15/18	11/26/18	42	2.00	2.11	1.88	-0.11	-5.68
		3/04/19	3/18/19	14	1.73	1.73	1.73	0.00	0.00	-5.68
instrument	L/S	date buy	date sell	days	prc buy	prc sell	ps short	prc diff	d %	total
Ericsson		11/19/07	12/03/07	14	13.03	14.11	11.96	-1.07	-8.23
		12/17/07	12/24/07	7	13.60	13.31	13.90	0.30	2.17	-6.24
Saint-Gobain		10/13/14	11/03/14	21	38.60	41.08	36.12	-2.48	-6.41	-6.41
Vivendi		3/07/22	3/14/22	7	10.82	12.06	9.58	-1.24	-11.49	-11.49
Intel		6/12/06	7/03/06	21	20.76	23.68	17.84	-2.92	-14.07
		8/07/06	8/14/06	7	21.19	22.22	20.16	-1.03	-4.85	-18.23
Deutsche Bank		2/08/16	2/29/16	21	13.63	15.50	11.76	-1.87	-13.74
		5/02/16	5/23/16	21	15.75	15.02	16.52	0.77	4.87
		6/04/18	6/11/18	7	11.02	11.24	10.81	-0.21	-1.94
		6/18/18	7/16/18	28	10.96	12.03	9.89	-1.07	-9.78	-19.97
Standard Chartered		3/28/16	4/25/16	28	6.12	7.35	4.88	-1.23	-20.16	-20.16
General Electric		3/26/18	4/23/18	28	97.51	113.65	81.37	-16.14	-16.55
		11/26/18	12/03/18	7	60.51	62.35	58.68	-1.83	-3.03
		12/10/18	2/04/19	56	54.86	81.51	28.21	-26.65	-48.58	-58.39

Annotations

2/28/24	Seven & i	stock split 1:3 (three for one)
2/26/24	Walmart	stock split 1:3 (three for one)
9/28/23	Honda Motor	stock split 1:3 (three for one)
7/18/22	Alphabet A	stock split 1:20 (twenty for one)
	GlaxoSmithKline	demergers OTC business -> Haleon
9/29/21	Toyota	stock split 1:5 (five for one)
8/02/21	General Electric	reverse stock split 8:1 (eight become one)
4/03/20	Raytheon Tech	spin-off Carrier and Otis = split 1000:1589 due to UTX-RTN merger
5/04/18	Samsung Electronics	stock split 1:50 (fifty for one)
10/04/16	SP Global 100	EMC² removed (acquired by Dell)
9/12/16	E.on	demerger of Uniper (power plants) 10 + 1 (one additional Uniper for ten E.on)
12/24/15	Nike	stock split 1:2 (two for one)
11/02/15	Hewlett-Packard	forward stock split 1000:2202 (two thousand two hundred and two for one thousand)
	Hewlett-Packard	spin-off of HP Enterprise
10/02/15	Google A	changes name to Alphabet
4/24/15	GDF Suez	changes name to Engie


	is taking down something concerning