Friday, October 13, 2006

DOW

Big news all week. The Dow is at record highs. Well, that's great if you own the Dow...( 30 companies in all). The S&P 500; however, is not back to breakeven after 5 years! So much for indexing. Actually the S&P making new highs would be quite an event...(500 companies in all).

5 Comments:

Blogger Sean Meade said...

no, the S&P 500 is not back to the irrationally exuberant highs of 5+ years ago. but i take comfort that the NYSE is trending up as a sign (not the only one) of basic economic health. would you agree?

it seems, as we age, that you are getting more liberal and i am getting more conservative ;-)

although, is it difficult for a liberal democrat to be a stock broker? wonder how many are? might make an interesting post for you...

6:33 AM  
Anonymous Anonymous said...

How is my money doing? will I be able to retire when I am 68 years old? or never? - Will you still need me, will you still feed me when I'm sixty four -doo doo

1:50 AM  
Blogger Jim said...

Charlie...it's good. I'll call ya.

9:43 AM  
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