Jeebus, Dow up ~2%, NASDAQ up 2.6%

glugglug

Diamond Member
Jun 9, 2002
5,340
1
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What goes up must come down.

Maybe not today, or tomorrow, but soon.

The P/E ratio of the entire S&P 500 index as a whole is now HIGHER than it was before the "bubble burst" back in 2000. (IMO it hasn't really burst yet).
 

XZeroII

Lifer
Jun 30, 2001
12,572
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Microsoft announced that it is eyeing a $10 billion dollar dividend, or buyback. MS is up $1.00 already.
 

toant103

Lifer
Jul 21, 2001
10,514
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Originally posted by: XZeroII
Microsoft announced that it is eyeing a $10 billion dollar dividend, or buyback. MS is up $1.00 already.

$10 billion in DIV?

if this is true, i better jump on the bandwagon.
 

NakaNaka

Diamond Member
Aug 29, 2000
6,304
1
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LOL. Good to hear that MSFT news considering I own stock. (Up almost 4%) MY EBAY is up 2 points, another stock of mine is up 3%. I'm having a good morning. It happens after a long weekend, people are relaxed and interested in buying. Let's hope this keeps up all day.

At 11:15 - All 30 stocks in the Dow are up. Very nice.
 

Double Trouble

Elite Member
Oct 9, 1999
9,270
103
106
This is a good thing.... just a little more, and I'm ready to hop out of the market and "sit it out" for a while. The PE ratios are out of control again, I'm not convinced we're not about to see another big 'bubble' in action when the housing market starts sagging.....