Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

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, [$29.61], $30.12;
AXP (- 19) $41.50, [$33.70], $34.98;
T (- 4) $13.71, [$9.09], $10.44; Hit;
BA (-12) $43.63, [$39.13], $40.15;
CAT (- 7) $52.81, [$43.67], $45.50 Hit;
C (-12) $43.35 [$35.10], $36.35;
KO (-12) $56.36, [$50.70], $51.05;
DIS (- 4) $23.15 [$17.60], $1845; Hit;
DD (-6) $45.40, [$41.75], $43.28;
EK (-10) $34.30, [$26.64], $28.90;
XOM (-5) $38.96, [$36.15] $36.53;
GE (-7) $30.65, [$26.40], $28.60;
GM (-15) $66.20, [$44.76], $46.60;Hit
HPQ (-8) $19.26,[$14.00], $15.27;
HON (-10) $37.85, [$32.00], $32.57;
HD (-7) $45.50, [$28.40], $29.09; Hit;
IBM (-25) $79.68, [$67.16], $69.21;
IP (-8) $42.81, [40.48], $40.95;
INTC (-5) $27.01, [$16.26], 17.99; Hit;
JNJ (-6) $61.85, [$49.10], $50.50,;Hit;
MCD (-4) $29.40, [$26.85], $27.12;
MRK (-12) $55.81, [$42.10], $45.55; Hit
MSFT(-10) $50.05, [$49.17], $51.48;
MMM (-16) $126.90, [$119.38], $120.10;
JPM (-10) $35.00, [$29.25], $30.21;
MO (-3) $54.90, [$40.35], $42.92: Hit;
PG (-10) $92.40, [$82.10] $83.63; Hit
SBC (-6) $30.45, [$27.85], $39.64;
UTX (-10) $68.75, [$62.23], $63.31;
WMT (-10) $53.66, [$52.00], $52.85.

Until last week, eight of these have hit, T, CAT, DIS, GM, HD, INTC, JNJ and MO, and this week two more hit, MRK and PG, bringing the total to 10 out of $30. And we are only at mid year and only eight weeks from the start.

Zeev