GM up 1.5%, get long for 2:30 rally!!!

Dow should rally if GM doesn't break down, buy the dips.

 

market cap of gm is around 20 billion so really doesnt have much impact on the dow as far as i know

xom cap is around 400 billion...

 

http://usmarket.seekingalpha.com/article/18041

 

Weightings are price weighted, not market cap. You can watch the underlying issues with the collective weightings and see who is wagging the dow.

 

Told you!