Home » Story links » sanserve's story links

The Dow Jones Industrials --- A Blue Chip Average No More

By sanserve on Thu, 2011-02-10 12:46
(via kiawahgolfinvestmentseminars.net)

To most investors, the DJIA provides all of the information they think they need, and they worship it mindlessly, thinking that this time tattered average has mystical predictive and analytic powers far beyond the scope of any other market number. It's Wall Street's rendition of 'The Emperor's New Clothes'.

Shared: 
Twitter: 7 LinkedIn: 57 Facebook: 0