Dow 10,000!!!

ABC Radio | 12/11/03 | will1776

[WinOne4TheGipper]

The Dow just closed above 10,000.

[MarkeyD]

ping so I can hand this off to a DU acquaintance

[WinOne4TheGipper]

This looks like a conservative went over there and tried to not be too obvious. Did you do that? ;-)

[WinOne4TheGipper]

This was the first posted after the close.

[palmer]

excessive P/E's for the DOW stocks? you've been sucking up too much of that bearish foolishness that pervades these here waters. seriously, it's so absurd it's beyond even funny.

P/E is 19 for the Dow, not excessive but not cheap either.

[Delta 21]

It only took 3 years of "W" to undue 8 years of Clinton

[RogerWilko]

I was just reading that myself on the DUmmy site!! Just shows how frickin' stupid some of those people are! Everything's looking up, and these idiots would still want to throw Bush out just out of pure hatred and spite!

I sure hope this DUmmy is right!

[RogerWilko]

This looks like a conservative went over there and tried to not be too obvious

I would've thought that too, but I've seen that DUmmy post a bunch of other stuff on that site and he seems like he's a legit DUmmy. Plus, he has 887 posts on their site.

If he is a plant, he's been doing a good job staying undercover!

[palmer]

My problem is pinning W's rating on the market. That's a setup for disappointment and there will be plenty of threads bashing some made-up Soros market-shorting conspiracy when the time comes. Let's just be realistic and say the market has little to do with the economy and is mostly speculation and the economy will do fine with or without the market.

[duk]

FOR ALL YOU PEOPLE WHO STILL HAVE STOCKS, REMEMBER, BUY LOW AND SELL HIGH!!

[sonsofliberty2000]

And W even had to contend with an attack by terrorist!

---

Patriot Paradox
Anxiety Closet

Please vote for my blog and for King of Fools (Chewed Gum on FR) at the 2003 Weblog Awards. I am in Large Mammal category, and he is in Best New Weblog

[JennysCool]

What a keeper that is! Good News??? NOOOOOOOOOOOOOOOO!!!

[JennysCool]

Now, let's see the BIG play this gets from Dan, Peter and Tom.

[WinOne4TheGipper]

The silence would be deafening.

[Digger]

excessive P/E's for the DOW stocks? you've been sucking up too much of that bearish foolishness that pervades these here waters. seriously, it's so absurd it's beyond even funny.

Should I assume that you are a stockbroker, hum?

[Digger]

FOR ALL YOU PEOPLE WHO STILL HAVE STOCKS, REMEMBER, BUY LOW AND SELL HIGH!!

I prefer to to say it as dumping my stock to someone who's a bigger fool than myself because it surely can't be based upon any sound economics.

[LS]

Not some of the companies I know. Look at Nucor Steel, for example, which has a manager-to-plant ratio of UNDER ONE!!!!

Where do you think all the layoffs are coming from? The white collar managers who for 40 years added value because they were transmitters of information, but who now, because of computers, are bottlenecks for information. The system has been purging these bottlenecks for about 15 years, but still hasn't wringed all the buildup out yet.

Are there some outrageous CEOs out there? Well, duh: are there some bad football coaches? But to claim that this is all "bubble" is just nonsense.

[Dunedain]

American CEOS are bloodsuckers who are there to steel money from hard working share holders. The biggest legal swindle around. Call it Mob Street.

[Dunedain]

Higher than 19. They do not use diluted number of shares which is includes warrants and stock options.

DOW itself is irrelevent. The Standard and Poors is a much better measure.

[sinkspur]

American CEOS are bloodsuckers who are there to steel money from hard working share holders.

A newbie, I see. And, what's more, you sound like a DUer.

Enjoy your brief stay.

[palmer]

DOW itself is irrelevent.

I knew that, I was responding the DOW question above, I normally track the S&P500. But I did not know the dilution of the DOW shares.