Dow Jones

Discussion in 'Markets & Economies' started by grinners, Aug 5, 2011.

  1. grinners

    grinners Active Member Silver Stacker

    Joined:
    Mar 19, 2011
    Messages:
    1,183
    Likes Received:
    3
    Trophy Points:
    38
    Location:
    Australia
    So the dow jones is less today than it was at its peak in 2000.

    That is 11 years.

    With all the inflation, money printing, industry, growth, manufacturing and production it is still less than 11 years ago... Is the dow jones heading into undervalued territory? I mean, just consider how much base money is in circulation today compared to 2000!

    Discuss :)
     
  2. Smoothcriminal

    Smoothcriminal New Member Silver Stacker

    Joined:
    Oct 29, 2010
    Messages:
    1,426
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Perth
    It might be undervalued but it's still in the middle of a minefield - undervalued is only any good to an investor if it makes it through the minefield, if an "undervalued" stock blows up on the way it's no good. I'm keeping my head down stock wise atm - watching with a few potentials on my radar, but am very cautious.

    This is from someone that sank 40k into the market late 2009 early 2010.
     
  3. hiho

    hiho Active Member Silver Stacker

    Joined:
    Apr 4, 2011
    Messages:
    7,816
    Likes Received:
    21
    Trophy Points:
    38
    Location:
    South Brisbane
    markets rule, eventually
     
  4. projack

    projack Well-Known Member Silver Stacker

    Joined:
    Aug 12, 2009
    Messages:
    3,352
    Likes Received:
    593
    Trophy Points:
    113
    Location:
    Brisbane
    The Dow was overvalued in 2000, and the US GDP is below the 2005 level today if inflation adjusted despite population grows in the last 6 years.
     
  5. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

    Joined:
    Feb 26, 2010
    Messages:
    8,809
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    Gone Fishin'
    smack

    that

    monkey

    down!

    :p
     
  6. CriticalSilver

    CriticalSilver New Member Silver Stacker

    Joined:
    Dec 10, 2010
    Messages:
    2,639
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Australia
    Who's concerned about what will happen over night with the Dow? I reckon we might see some fireworks with downside momentum building.
     
  7. fishball

    fishball New Member Silver Stacker

    Joined:
    Apr 11, 2011
    Messages:
    6,509
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Shin Sekai Yori
    Might see the Dow replicate the Japanese stock market.

    Would be interesting to say the least.
     
  8. projack

    projack Well-Known Member Silver Stacker

    Joined:
    Aug 12, 2009
    Messages:
    3,352
    Likes Received:
    593
    Trophy Points:
    113
    Location:
    Brisbane
    Futures indicate further fall tonight on Wall st.
     

Share This Page