A little while ago (5-11-2001), in response to Mish's question on the Dow possible low (I have a target low for the year of 7500 to 8000), I gave a list (#reply-17455722) of the max expected hits for each Dow stock, I probably should have listed the then current prices, so I am reproducing this list with the then current prices, (the Dow was just around 10,000 then May 10th) as well as the target max hits (in parenthesis), I have now added the low (in square brackets) since then and the current price:
AA (- 11) $34.99, [$30.17], $33.15; AXP (- 19) $41.50, [$34.53], $36.32; T (- 4) $13.71, [$9.09], $10.70; Hit; BA (-12) $43.63, [$41.45], $45.00; CAT (- 7) $52.81, [$45.80], $48.95 Hit; C (-12) $43.35 [$36.00], $38.75; KO (-12) $56.36, [$52.95], $56.00; DIS (- 4) $23.15 [$18.45], $18.90; Hit; DD (-6) $45.40, [$41.75], $44.40; EK (-10) $34.30, [$28.15]$29.17; XOM (-5) $38.96, [$38.50] $40.92; GE (-7) $30.65, [$28.11], $29.05; GM (-15) $66.20, [$50.00], $53.45;Hit HPQ (-8) $19.26,[$14.00], $15.28; HON (-10) $37.85, [$33.97], $35.23; HD (-7) $45.50, [$34.90], $36.73Hit; IBM (-25) $79.68, [$67.25], $72.00; IP (-8) $42.81, [41.50], $43.58; INTC (-5) $27.01, [$17.45], 18.27, Hit; JNJ (-6) $61.85, [$52.00], $52.26, Hit; MCD (-4) $29.40, [$27.87], $28.45; MRK (-12) $55.81, [$47.60], $50.64; MSFT(-10) $50.05, [$49.17], $54.70; MMM (-16) $126.90, [$119.38], $123.00; JPM (-10) $35.00, [$30.15], $33.92; MO (-3) $54.90, [$40.35], $43.68 Hit; PG (-10) $92.40, [$86.42] $89.30; SBC (-6) $30.45, [$27.85], $30.50; UTX (-10) $68.75, [$63.90], $67.90; WMT (-10) $53.66, [$52.95], $55.01.
So far, eight of these have hit, T, CAT, DIS, GM, HD, INTC, JNJ and MO. And we are only at mid year and only six weeks from the start.
Zeev |