Not much further to go. Remember this.....American Investors don't give a stuff about P/Es and dividend yields....they only interested in capital growth. That is the way they are taught.....it is the US culture of total individualism which rules the stockmarket. The one worrying thing I HAVE noticed is that some analysts & fund managers are recommending companies with attractive dividends. This is usually the last resort with them....they are getting desperate to keep investors in stocks (ANY stocks)...when I see this, I know the Bear market is in full swing. The DOW will go lower....but not much more (7000??). A lot does depend on what investors are being advised.....if u can, watch for any drift of money to higher yield stocks. When this stops, the market is close (or at) the bottom.
CHEERS
TRUBEAR
dow headed for 5000 levels, page-6
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Last
$4.91 |
Change
0.000(0.00%) |
Mkt cap ! $3.297B | |||
| Open | High | Low | Value | Volume |
| $4.90 | $5.00 | $4.83 | $6.379M | 1.296M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 13582 | $4.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.92 | 1423 | 1 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| DOW (ASX) Chart |