when is dow jones going to boot gm for GOOG, citi for Cisco

Discussion in 'Trading' started by BlueStreek, Feb 13, 2009.

  1. you put it best "INDUSTRIAL" average. its not the dow jones qqq average. maybe if google split it would be cute to have them in the average
     
    #11     Feb 14, 2009
  2. I did not say "more important." I said "more valuable" in the bigger scheme of things. Brake pads on a car are extremely important, but they are not extremely valuable.

    Food and most industrial products are becoming low-cost commodities that require a decreasing percentage of the household budgets and provide a decreasing percentage of jobs. To the extent that the Dow is suppose to represent the U.S. economy, it should be weighted toward those businesses that represent the largest portions of the economy.
     
    #12     Feb 14, 2009
  3. enough is enough, GM needs to be ousted within a week, industrial is meant in the sense of "Captions of Industry" not strictly speaking "Industrial" type companies.

    How about Excelon then, a solid company?
     
    #13     Feb 17, 2009