A little while ago (May, 11th -2002), 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 11th) 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], $33.38; AXP (- 19) $41.50, [$34.53], $37.35; T (- 4) $13.71, [$9.09], $10.19; Hit; BA (-12) $43.63, [$41.45], $45.00; CAT (- 7) $52.81, [$44.85], $48.24 Hit; C (-12) $43.35 [$36.00], $39.55; KO (-12) $56.36, [$52.95], $56.47; DIS (- 4) $23.15 [$17.60], $18.90; Hit; DD (-6) $45.40, [$41.75], $44.95; EK (-10) $34.30, [$27.06], $29.17; XOM (-5) $38.96, [$38.50] $40.52; GE (-7) $30.65, [$26.90], $29.69; GM (-15) $66.20, [$49.07], $51.69;Hit HPQ (-8) $19.26,[$14.00], $16.30; HON (-10) $37.85, [$33.36], $36.50; HD (-7) $45.50, [$33.75], $36.73 Hit; IBM (-25) $79.68, [$67.25], $73.50; IP (-8) $42.81, [41.50], $43.90; INTC (-5) $27.01, [$16.26], 19.54, Hit; JNJ (-6) $61.85, [$50.26], $54.59, Hit; MCD (-4) $29.40, [$27.08], $27.84; MRK (-12) $55.81, [$46.55], $48.86; MSFT(-10) $50.05, [$49.17], $54.85; MMM (-16) $126.90, [$119.38], $129.87; JPM (-10) $35.00, [$30.00], $32.59; MO (-3) $54.90, [$40.35], $46.21 Hit; PG (-10) $92.40, [$86.42] $89.88; SBC (-6) $30.45, [$27.85], $31.70; UTX (-10) $68.75, [$63.65], $67.90; WMT (-10) $53.66, [$52.00], $56.00.
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 seven weeks from the start.
Zeev |