Comments on: Is 10000 Really That Big of a Deal? http://blogs.hillandknowlton.com/anildilawri/2009/10/23/is-10000-really-that-big-of-a-deal/ Taking Investor Relations to the Next Level Mon, 06 May 2013 23:42:09 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Anil Dilawri http://blogs.hillandknowlton.com/anildilawri/2009/10/23/is-10000-really-that-big-of-a-deal/comment-page-1/#comment-131 Anil Dilawri Sat, 31 Oct 2009 02:26:49 +0000 http://blogs.hillandknowlton.com/anildilawri/?p=141#comment-131 Gentlemen, You make some pretty decent points. Thanks for sharing. Gentlemen,

You make some pretty decent points.

Thanks for sharing.

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By: John Hefferon http://blogs.hillandknowlton.com/anildilawri/2009/10/23/is-10000-really-that-big-of-a-deal/comment-page-1/#comment-130 John Hefferon Sat, 24 Oct 2009 02:40:45 +0000 http://blogs.hillandknowlton.com/anildilawri/?p=141#comment-130 First, it's a price-weighted average of just 30 stocks, meaning a $1 move in a $10 stock and $100 stock have the same impact. The DJIA's meaning/significance is more historical in nature. Also, the US Dollar has lost almost 1/3 of its value since 1999, so the current 10,000 isn't anywhere near the same economic value of the previous 10,000. Anyone with a "Dow 10,000" party hat needs to rethink things. First, it’s a price-weighted average of just 30 stocks, meaning a $1 move in a $10 stock and $100 stock have the same impact. The DJIA’s meaning/significance is more historical in nature.

Also, the US Dollar has lost almost 1/3 of its value since 1999, so the current 10,000 isn’t anywhere near the same economic value of the previous 10,000.

Anyone with a “Dow 10,000″ party hat needs to rethink things.

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By: Lonnie Fogel http://blogs.hillandknowlton.com/anildilawri/2009/10/23/is-10000-really-that-big-of-a-deal/comment-page-1/#comment-129 Lonnie Fogel Sat, 24 Oct 2009 02:30:05 +0000 http://blogs.hillandknowlton.com/anildilawri/?p=141#comment-129 The Dow is significant gauge for the general public. The S&P 500 is a much better gauge of the market. As for what comes next, probably a pause at the least, some year-end tax selling, and perhaps a frightful bout of stagflation if the dollar loses its status as the world's primary currrency as America continues to print money to cover its bills. The Dow is significant gauge for the general public. The S&P 500 is a much better gauge of the market.

As for what comes next, probably a pause at the least, some year-end tax selling, and perhaps a frightful bout of stagflation if the dollar loses its status as the world’s primary currrency as America continues to print money to cover its bills.

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