Thursday , 28 March 2024

Tag Archives: Dow 30 manipulation

Comparison of Past & Present Performance of Dow Is Meaningless! Here’s Why (+2K Views)

Every time the number of, or specific constituent, companies change in the Dow index any comparison of the new index value with the old index value is impossible to make with any validity whatsoever. It is like comparing the taste of a cocktail of fruits when the number of different fruits and their distinctive flavours – keep changing. Furthermore, because of the application of the ever changing Dow Divisor, we are always comparing a basket of today’s apples with a basket of yesterday’s pears.

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Take Note! The Dow 30 Was Injected With Steroids (+2K Views)

The Dow 30 is deceptive in what it purports to represent. The manipulation of its performance has been going on since 1928 and it gets further denigrated on September 23rd with a 3 constituent swap which will, in effect, assure that it continues to rise in the long term.

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