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Analysing the Dow high
By Bob Bronson
While the DJIA 30 stock index closed on 11/15/06 at 4.5% above its all time
high, only two components made record highs, with four more less than 3%
below their all-time highs. 17 (57%) of the 30 made their all-time highs
more than five years ago, and, on average, they’re 27% (median 30%) below
their individual all-time highs.
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