Subtract dollar deflation from the Dow
and the real numbers around high 8870.
posted on 11/12/2012 1:14:46 PM PST
Subtract dollar deflation from the Dow and the real numbers around high 8870.
Subtract inflation since the U.S. switched from the Dollar to the Federal Reserve Note and the Dow is around 8
posted on 11/12/2012 2:10:54 PM PST
by Sirius Lee
(RE SP - Republicans, from Mitt Romney ..to Karl Rove... are said to be concerned she will win.")
Look up the term “DOW in gold dollars” (also called “DIG$”) ... that’s how I value the stock market. :)
posted on 11/12/2012 2:14:54 PM PST
by The Duke
That’s interesting. My gut feel for some time has that the Dow should be around 8-9000. Anything above that is just fluff.
Disclaimer: I have no money in the stock market.
posted on 11/12/2012 2:15:43 PM PST
(We are not finished yet. But when nobama chooses some more SCOTUS judges, we will be. For ever.)
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