JAPAN-Nikkei-Time to go back up? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: borb who wrote (1782)	3/18/1999 2:39:00 PM
From: Professor Dotcomm	Read Replies (1) of 3902

I don't blame you for asking that! Well every index has constituent companies and each in the Dow has a weighting and each has a reported earnings which is calculated as a percentage of its share price. These are added together and you can come up with 'what the DJIA earned (or will earn) as a weighted whole. Hence you can get an overall DJIA p/e. The trouble is (as with all statistics - esp. government ones) what is the raw data behind them? Even the DJIA can be poisoned occasionally like when Johns Manville had a slew of asbestos legal suits. Therefore you really have to hunt behind all the computer generated reassuring numbers to get at the truth. That is why I am still trying to figure out a Western equilavent as to what the Nikkei is really telling us and what it really 'earned'. As Rudyard Kipling said somewhere "Oh, East is East and West is West and never the twain shall meet". And with this 19th century comment on globalisation we watch in trepidation. Dotcomm

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next