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Subject:  dow stocks Date:  2/27/2002  8:05 AM
Author:  ZenDropout Number:  12741 of 43797

the dow stocks getting a bid is a negative for the market not a positive one.

I had been thinking why these stocks are getting bought given the not so rosy macro environment.

Nothing more than the lowly dividend yield. 2-4% doesn't look so bad at this point given the money markets so they will stay at these loftly levels until rates rise or percieved risk increases.

That is a negative for the market because if people are willing to take on the sizable risk for paltry returns, it is the sign of a market that is too risk seeking.

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