Dow really a good indicator of the economy?

Discussion in 'Trading' started by CollegeTrader33, Aug 1, 2008.

  1. S and P is head and shoulders above dow. Keep your eyes on the Russell 2 k and you'll feel the true sentiment.
     
    #11     Aug 1, 2008
  2. bdon

    bdon

    the dow is a CNBC sheep number. When i was forced to watch it, every time they asked anybody on the floor they all said the same thing, "we watch the 500 over the dow". Yet CNBC continued to pump dow banners.

    Sheep get slaughtered.
     
    #12     Aug 1, 2008
  3. CollegeTrader, it's nice to see some intelligent comments on your question. I want you to know that I believe the S&P 500 is more representative for a host of reasons. And that's my opinion. Good luck with your pursuits.
     
    #13     Aug 2, 2008