Why not Using the Dow Jones Industrial Average Makes Sense
by
Tom Murcko
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The widely reported
Dow Jones Industrial Average
is not an
accurate
measure
of the
market
and is so widely reported only because of
branding
,
distribution
, and inertia. It includes a small number of stocks which are not
representative
of the overall market, and strong companies tend to get added to it and weak companies removed.
Tags:
Dow
,
warnings
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