What is the EXACT value of the intraday Top of all time on DJIA ?

Discussion in 'Trading' started by blurp, Apr 28, 2006.

  1. fwiw, in general, wikipedia is NOT an accurate source for most kinds of data and facts. it's a nice cultural barometer, but facts are not determined by popularity, they are proved by evidence.

    wikipedia aint that kind of place
     
    #11     Apr 28, 2006
  2. blurp

    blurp

    could you explain better : what is "theoretical" ?

    sorry i'm french lol
     
    #12     Apr 28, 2006
  3. Pabst

    Pabst

    The theoretical high is computed by taking the HOD in each index componant stock regardless of TOD that the high was reached.
     
    #13     Apr 28, 2006
  4. Ebo

    Ebo


    I guess that explains your unnecessary arrogance!
     
    #14     Apr 28, 2006
  5. Actually, yes, could you explain "theoretical"?

    The Dow isn't tradable in that you can call up a broker and ask to buy or sell "1 Dow". You can call up a broker and ask to buy or sell all the component stocks that make up the Dow. In that sense you can have a Dow "market", which would be some type of average bid/ask of all the component stocks. In any case, no amount of bid/ask would account for the difference between the highs we are talking about.
     
    #15     Apr 28, 2006
  6. Sorry..crosssed posts
     
    #16     Apr 28, 2006
  7. alanm

    alanm

    What purpose would that have?

    myTrack shows OHLC of 11729.18, 11908.50, 11506.42, 11722.98

    I'm guessing that these are based on their real-time-calculated value, not the 15-second (or whatever) DJ-disseminated ticks.
     
    #17     May 1, 2006
  8. That was 6 years ago, I doubt it if most people remember the high and low for DOW 5 days ago.

     
    #18     May 1, 2006
  9. alanm

    alanm

    Not to mention the significant difference in components since then. Silly index.
     
    #19     May 1, 2006
  10. cnms2

    cnms2

    Why do you care?

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1056963>
     
    #20     May 1, 2006