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04-03-2009, 08:53 AM
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Member
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Join Date: Apr 2008
60 posts, read 31,940 times
Reputation: 13
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This may be a dumb question, but why does the world look at the Dow as the econimic indicator when less than 1 % of the publically traded companies are parts of the dow #'s? Why would we not take into account every transaction? It isnt as if we dont have the computer processing power to process this task almost isntantly.
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04-03-2009, 09:23 AM
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I got nothin'
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Join Date: Aug 2008
Location: Little Elm, TX
3,443 posts, read 1,138,031 times
Reputation: 760
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Quote:
Originally Posted by NHtoFL
This may be a dumb question, but why does the world look at the Dow as the econimic indicator when less than 1 % of the publically traded companies are parts of the dow #'s? Why would we not take into account every transaction? It isnt as if we dont have the computer processing power to process this task almost isntantly.
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The market is usually 6 months ahead of Main St. - when the Dow rebounds from a bear, the traction usually takes hold not long after in the "real world".
It's not the leader, just a decent indicator. |
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04-03-2009, 09:55 AM
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Waiting to pick up the pieces from the crash
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Join Date: Oct 2006
Location: Key Largo
6,270 posts, read 5,479,538 times
Reputation: 2056
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Any "rebounds" in the market are due to inflation, nothing more. Track it by the price of gold to see the real story.
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04-03-2009, 06:22 PM
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Not a member
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Join Date: Sep 2008
Location: Virginia
931 posts, read 647,353 times
Reputation: 286
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DOW hit 8,000 before hitting 4,000.
Looks like a lot of you were wrong.  |
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04-03-2009, 09:49 PM
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Senior Member
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Join Date: Jul 2007
Location: Marietta, GA
4,008 posts, read 2,126,386 times
Reputation: 1237
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Quote:
Originally Posted by tallrick
Any "rebounds" in the market are due to inflation, nothing more. Track it by the price of gold to see the real story.
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Inflation? What inflation? Wait a year or two and you may see inflation, but right now inflation is zero. Gold has been in a decline as the equity markets have risen in the last month. |
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