Replies to post #12435 on Zeev's Turnips Patch-No Politics (ZEEV)

[ajtj99]

jd, the members of these indices always change, but the index seems to be able to be tracked just fine just the same.

Because of that, I think it's better just to stick to what's there instead of trying to interpolate what may have been.

[Zeev Hed]

John, earlier this year, when the Dow was still around 10,000, Mitch asked me how could I suggest that the Dow could go to the 7500/8000 area, and I responded with a list of "hits" each Dow stock could take, I think that about 25 of the Dow list indeed made that list. However, assuming 3800, I fear will bring most of the venerable dow stocks very close to book, and these are the "creme" of US' industrial might".

Zeev