Tuesday, October 03, 2006

 

2,454 Days Later - A New Dow Jones High

In a funny bit of comedy, the Dow Jones (DOW JOKES) Industrial Average hit a new all time intraday and new all time closing high of 11,727.34 - besting it's previous closing high set Jan 14th, 2000 by less than 5 points. I had hoped for this yesterday as a Birthday Present, but hey, a day later isn't bad.....

Interestingly, the only Dow stocks at a new high are American Express (AXP) and United Technologies (UTX).

Just a few others (BA, CAT, XOM, PG and MO) are just somewhat off new highs set this year; but by and large, most of the Dow components have been sucking wind the last 6 3/4 years being well off their highs;

INTC -73% GM -63% MSFT -54% MRK -53% KO -49% HD -48% DD -47% HPQ -45% T -43 % VZ -42% GE -42% PFE -42% IBM -41% HON -40% AA -39% AIG -35% WMT -32% DIS -31%

http://bigcharts.marketwatch.com/charts/big.chart?symb=dji&compidx=aaaaa%3A0&ma=0&maval=9&uf=32&lf=1&lf2=0&lf3=0&type=2&size=2&state=10&sid=1643&style=320&time=13&freq=1&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=241&mocktick=1

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