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Message: Re: Lots of company

Nov 10, 2008 01:10PM
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Nov 10, 2008 01:54PM

Nov 10, 2008 02:16PM
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Nov 11, 2008 03:30PM

Nov 11, 2008 04:02PM

Nov 13, 2008 08:49AM
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Nov 13, 2008 10:18AM

Nov 13, 2008 10:26AM

Nov 13, 2008 11:03AM

Nov 14, 2008 03:48PM

I think we'll see the DOW at 13,000 well before 10 years is up. There are several reasons... but one of the most compelling is that in previous recessions stocks were over-bought. Prices were based on speculation run ups and not so much value. Not this time... valuations were modest before the bottom fell out. That would imply that the DOW at 13,000 was based on value more than speculation ... which is easier to recover to. IMHO

m.z.


Nov 15, 2008 03:23PM
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