High Paid CEOs and DOW Jones 11,000 (NASDAQ:ORCL),(NYSE:BSX),(NYSE:OXY),(NYSE:HPQ),(INDEXDJX:.DJI)
High Paid CEOs: These 10 corporate chiefs took home the most pay in 2009. Some of their companies were profitable, and others...not so much.
1. Larry Ellison: $84.5 million, Company: Oracle, Cash compensation: $6.1 million, Stock and options: $78.4 million
2. Ray Elliott: $33.4 million, Company: Boston Scientific, Cash compensation: $4 million, Stock and options: $29.4 million
3. Ray Irani: $31.4 million: Company: Occidental Petroleum, Cash compensation: $6.6 million, Stock and options: $24.8 million
4. Mark Hurd: $24.2 million: Company: Hewlett-Packard,Cash compensation: $17.6 million, Stock and options: $6.6 million
5. Read the rest at CNN Money…
So the stock market's strength today is bullish. But the bull market will earn no extra credit if the Dow Jones Industrial Average (INDEXDJX:.DJI) is able to also close above 11,000. That's because that level enjoys no particular technical significance. The Dow is several hundred points above its 50-day moving average, for example, and nearly a thousand points above its 200-day moving average. Both of these are widely followed technical hurdles.
The same goes for the Dow Theory, perhaps the longest-lived market timing system in widespread use today. It nearly a month ago confirmed that we were in a bull market, when the Dow closed above its mid-January high. – MarketWatch
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