The Mudcat Café TM
Thread #87914 Message #1645387
Posted By: Ron Davies
09-Jan-06 - 09:52 PM
Thread Name: BS: Stock Market returns to Pre 9/11 levels
Subject: RE: BS: Stock Market returns to Pre 9/11 levels
This is certainly interesting--since in fact a lot of the most widely held stocks (GM, GE, MSFT etc.) are not even remotely close to where they were pre 11 Sept 2001. And it's the Dow Jones which has reached 11,000--full of these hugely capitalized stocks.
So for the vast majority of stockholders it will not be impressive--most pension funds, mutual funds etc. will not be even close to recovering their position pre Sept 2001.