Tag Archive: DJIA

Today’s Dow 10,000 is really 7,537

From Instapundit:

CONSTANT-DOLLAR DOW: Today’s 10,000 is really 7,537. Or, in another metric: “It cost about 30 ounces to buy the 10,000 Dow last time. Now it costs less than 10.”

And here’s an interesting Bloomberg screen cap of the Dow over CPI –

Constant Dollar Dow: Today's 10,000 is really 7,537

(Link du jour Prasenjeet)

Quote of the month

This happened earlier in the month, when the markets were sorta bullish.

Me: Bloody markets are up.
Friend: Yeah, don’t know why. Freaking annoying.

Of course, this was long before the current carnage.

Are you ready for Dow 20,000?

This day, last year, people were predicting the DJIA to hit 20,000.

Now I think we’d be lucky if we did not go into the 6,000s.

Hitting the 8000s

And ladies and gentlemen, we are there. My predictions? We are likely to hit the low 8,000s; however, if we ever go below 8000, the chances of going below the 2002 low of 7784 is unlikely.

And if it does, I’m moving to a farm in Bhutan.

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