12,765.01!!! How much higher can it (the DOW) go?

[VandalBasher]

http://moneycentral.msn.com/investor/charts/chartdl.aspx?D4=1&ViewType=0&DateRangeForm=1&C7=2&ComparisonsForm=1&D5=0&CP=0&PT=8&CE=0&ShowChtBt=Refresh+Chart&D3=0&C6=2007&PeriodType=8&C5=2&Symbol=%24INDU&C8=2007&C9=2&DisplayForm=1


This economy continues to grow. We just hit another unreachable milestone. THE DOW HAS NEVER SEEN THESE LEVELS!!!! When and where will it end?


Go USA!!!

[Jim]

... on how much more raping of this country and its people can/will be allowed. The United States is supposed to be something far greater than just a "market". Ask Bank of America (with their cute little USA flag logo) about advertising credit cards where no SSN is required? Hell! Even my kids, when newborn required a SSN. Aimed at illegals to include OTMs. Now when these illegals don't pay then who gets the increase in finance charges to cover the losses? Shadow government isn't hiding. They don't need to as the overwhelming majority of the rest of us already have our heads buried in the sand.

[mini_me]

http://moneycentral.msn.com/investor/charts/chartdl.aspx?D4=1&ViewType=0&DateRangeForm=1&C7=2&ComparisonsForm=1&D5=0&CP=0&PT=8&CE=0&ShowChtBt=Refresh+Chart&D3=0&C6=2007&PeriodType=8&C5=2&Symbol=%24INDU&C8=2007&C9=2&DisplayForm=1


This economy continues to grow. We just hit another unreachable milestone. THE DOW HAS NEVER SEEN THESE LEVELS!!!! When and where will it end?


Go USA!!!


It would be really helpful if you were factually accurate. First of the DOW only makes up 30 stocks and is in NO WAY shape or form indicative of what the broader market is doing. Both the S&P and Nasdaq are BELOW there 2000 highs.

Second, the market will continue to advance as long as there are more buyers than sellers.

As for Jim, what BAC does has no real baring on what the broader markets do.

What BAC has done is validate what the politicians have done DISPITE the double talk. The LIBERALS REFUSE to enforce the boarders and as such, have told the markets that the status quo is the watch word of the market place. BAC is simply responding to what the politicians will actually ALLOW and public sentiment.

[JamesHowell]

mini - in some ways the DJIA is a better indicator. It is true that the NASDAQ Composite is well below it's highs, but it is not the same NSADAQ Composite as it was at its highs. It came down and many of the stocks that skewed it down most were delisted, leaving the better stocks that hadn't dropped as much. So, by definition, even if all of those stocks rebounded to previous highs, the NASDAQ Composite would still be well below it's highs. Additionally, the NASDAQ is very tech heavy and the techs are still substantially undervalued - people are a little gun shy after having gotten burned before. Look for the NSADAQ (and techs) to outperform the NYSE, DJIA, and S&P 500 over the next couple of years.

All of the markets should do relatively well. Unless we get a tax increase, the economy has about five good years left in it right now.

[mini_me]

mini - in some ways the DJIA is a better indicator. It is true that the NASDAQ Composite is well below it's highs, but it is not the same NSADAQ Composite as it was at its highs. It came down and many of the stocks that skewed it down most were delisted, leaving the better stocks that hadn't dropped as much. So, by definition, even if all of those stocks rebounded to previous highs, the NASDAQ Composite would still be well below it's highs. Additionally, the NASDAQ is very tech heavy and the techs are still substantially undervalued - people are a little gun shy after having gotten burned before. Look for the NSADAQ (and techs) to outperform the NYSE, DJIA, and S&P 500 over the next couple of years.

All of the markets should do relatively well. Unless we get a tax increase, the economy has about five good years left in it right now.

The dow changes, the S&P changes as well.

You will not find a single Institutional investor that compares there portfolios to the Dow. It is simply not used by professionals. It is not indicitave of what the broader market or economy is doing.

Honestly, its a GREAT thing that "people" are gun shy. Stocks ALWAYS end up in the hands of rightful owners.

For what it may or may not be worth, I am "in" the business.

[Bucky]

It would be really helpful if you were factually accurate. First of the DOW only makes up 30 stocks and is in NO WAY shape or form indicative of what the broader market is doing. Both the S&P and Nasdaq are BELOW there 2000 highs.


That is so far off base. THE DJIA has and probably will always be the best measure of the "market". Although it is only 30 blue chips it is still a broad measure.

One thing about the current streak the markets are having, that the liberal media is ignroing, is that this streak is based upon quanitative corporate gains. Not the house of cards that the 2000 tech driven market was based on. Of course, back during that flakey market, the media was head over heals gushing every single night. Funny how a different party in the White House changes everything.

[VandalBasher]

http://articles.moneycentral.msn.com/commentary/experts/jubak/jim_jubak.aspx?msn=1