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-$0.22 (-0.93%)
06:46PM (15 mins delay)
Nov 01, 2009 - 3:32 AM EST
Hao Jin submits:This week the market is all gloom and doom. PIMCO’s Bill Gross thinks that the Dow’s fair value should be 7,000. GMO Chairman Jeremy Grantham also believes that the U.S. stock market is almost 25% above fair value.
I went through all DJIA component stocks (Dow 30) to find out what the fair value the Dow is.
Source: Seeking Alpha (Nov 01, 2009 - 3:32 AM EST)
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