DJIA 0.31% 26,683 dow jones industrials

dow unquestionably unstable and dangerous, page-37

  1. 11,665 Posts.
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    You guys are a bunch of pessimistic doomsdayers to deduce from a chart that the DOW will hit 7200 again. lol. Sub-prime is a big stuff-up alright but its certainly not the never ending story - almost over now I reckon. The average PE ratio would need to be a lot higher to support a fall like that. The world is in growth mode and will be for another 25-50 years - driven by China, India, etc. If a company cant make a dollar in a world like this then it should pick something else to do with itself. You don't hear about the 95% of companies that continue to grow at 10-15%pa. Things are not as bad as they may seem.
 
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