Reply #6: well, just looking at the dow is simplistic in a number of ways [View All]

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it also ignores inflation, and, on the flip side, dividends.

nevermind that the dow index of 30 big stocks, with its occassional adjustments, is not the ideal indicator of the stock market as a whole. it's merely the most popular and visible one.

nevertheless, broadly speaking, and without looking, i'd bet that we're also about 6 years removed from a new high in the s&p500 or the value line indexes as well.

again, when was the last stretch of 6+ years without a new high? am i right in thinking it was the carter years?