As we might have noticed, the Dow Jones Industrial Average (DJIA) just broke it’s all time high of 11,722.98 briefly in trading yesterday.? Woo-hoo.? With this new high, I noticed a post over at The Big Picture that looked at the actual change in the Dow components since the high was set on January 14, 2000.? (Take a look at his post for the data table.)
The interesting thing is that of the 30 Dow component companies, only 10 are above their prices back in 2000.? Fifteen of the 30 are down 20% or more!