Dow 6, 000 is much more likely than Dow 20, 000 according to logic.
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Remember predictions about Dow 20, 000, 30, 000 or 50, 000 in 2000?
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Not only has the little-guy investor joined the stock party, but they are doing so with gusto and borrowing money to do it, lured by the prospect of Dow 20, 000.
Owned 20% by Dow Chemical and 20% by AMSC, and more recently, also by Energy Technologies Institute (ETI) a public-private partnership between companies including Rolls Royce, Shell, E.
Dow Chemical ( DOW - news - people ) (DOW, 20) is the world's best large chemical maker.
The 1987 crash, when the Dow lost 20% in a matter of hours, was blamed squarely on program trading, in which computers are set to sell (or buy) when stocks hit a certain threshold.
One minute a bull is forecasting that the Dow will hit 20, 000 and the next a bear says we will see the Dow at 6, 000.
In the 1960s, the Real Dow advanced by another 20% (to 21.30), and the unemployment rate declined to 3.9%.
The Dow Industrial Average slipped 20.12 points last week to 13, 135.01 after setting a QE4 reaction high at 13, 329.44 on December 12.
The Dow Jones Industrial Average has experienced around 20 bear markets, averaging a duration of one and a half years from top to bottom, says James Stack, president of InvesTech Research, a US-based market tracking firm.
According to the ETF Finder at ETF Channel, F makes up 3.20% of the iShares Dow Jones U.S. Consumer Goods Sector Index Fund ETF ( AMEX: IYK )which is trading higher by about 0.3% on the day Thursday.
The Dow Jones Transportation Average, an index of 20 railroad, shipping and airline stocks, pulled back 0.4%.
The Dow Jones Transportation Average, a benchmark of 20 railroad, airline and shipping companies, rose 0.2%, to an all-time closing high.
There was no liquidity, no one taking the other side of sell orders, and the Dow plunged to being down 1000 points in 20 minutes before someone realized what was going on and pulled the plug.
It is showing gains of over 20% in 2010. iShares Dow Jones US Industrials ETF ( IYJ) is reflecting this bullish move by uptrending since July.
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Moroney from Dow Theory Forecasts recently took Microsoft out of his top 20 "focus list" stocks.
Thanks to a last-minute run-up, the Dow Jones Industrial Average closed the day at 13275.20, about four points from its highest level since December 2007.
PowerShares Pharma ( PJP) gained 20.0% in 2011, iShares Dow Jones Utilities ( IDU) was up 18.7%, and SPDR Consumer Staples ( XLP) gained 14.1%.
The Dow Jones Industrial Average is still 3000 points or more than 20% below its peak of 14, 100.
However, because gold prices increased by 20.3% during that time, the Real Dow (the Dow divided by the price of gold) fell by 9.2%.
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The Dow Jones Industrial Average lost 17.30 points, or 0.20 percent, to 8, 903.40, its lowest close since December 1998.
Over three decades Strobel, 70, has licensed more than 20 specimens to the likes of Eli Lilly, Chevron and Dow Chemical.
Even the most bearish analysts say Nasdaq could pull back only up to 30% from its Jan. 3 peak, and the Dow could test the 9, 000-point level, down about 20%.
The Dow Jones industrial average declined 1.8% to 12, 596.20.
The Dow Jones industrial average down 1.8 percent to close at 14, 599.20.
The Dow Jones Pharmaceuticals Index is down 13% for the past 12 months, while the Biotechnology Index is off 20%.
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