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To: Jack Black
Well the DJ average is a price. It's at 10,800 today.

The DJIA is not a "price." It is simply a number, a weighted average, meaningless in its own right.

The DJIA is at 10,856, it is not at $10,856.

Wow! That would be a major shift. People would have to stop wearing wedding rings, it would be too dangerous.

Huh? You mean the price of gold is going to $10,000 an ounce? Don't hold your breath.

16 posted on 12/06/2005 9:49:57 PM PST by Alter Kaker (Whatever tears one may shed, in the end one always blows one’s nose.-Heine)
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To: Alter Kaker

I mis-wrote when I wrote "the price of gold will equal the price of the Dow Jones Industyrial Average." That should be the price of gold will equal the level of the DJIA, meaning there will be a one to one correlation of the two. That could mean POG is $5000 and the DJIA is 5000. I wouldn't think gold and the DJIA would both be 10,800. Gold at $10,800 shouldn't be too good for the DJIAs.
Mover Mike http://www,movermike.com


19 posted on 12/06/2005 11:10:11 PM PST by Movermike (I love guys like Gartman and Bernstein...)
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