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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: pezz who wrote (3672)5/16/2001 8:54:13 PM
From: jim black  Read Replies (2) | Respond to of 74559
 
Pezz, i have a question that won't go away and maybe you can enlighten me,your being someone clearly more optimistic about future of this market and economy than I. Where do you see growth on the horizon in all those companies in the Dow average that are selling at historically very high pe's, but even more bothersome, very high price to dividend yield levels? If those of us on this thread are struck by the clear earmarks of a mania
on the NAZ, I think there is even more room for concern for the relentless rise of the Dow in face of the problems
well delineated on this thread for months. In the spirit of an old question regarding beef at a burger joint,
please give a case for the Dow...where is the value in BIG companies with dividend yieds of 1% or less.
Jim Black