SpikeTrade.com is a moderated blog.
To post a message, please send it to Spikeblog@spiketrade.com
You may add a comment to any previous post in the blog whenever you like.
Thank you for being an active SpikeTrader!

Showing posts with label DJIA. Show all posts
Showing posts with label DJIA. Show all posts

Tuesday, January 27, 2009

The Dow - Reality vs. Fantasy

A common human tendency is to take what you see on trust, not ask yourself what is really inside, below the surface. This tendency simplifies our lives - you do not want to stop every minute and ask yourself deep questions - but it also contributes to the tendency towards thoughtless living. The powers that be exploit this tendency to take advantage of crowds.

Here is a link to an article on another blog, exhibiting 'the true skinny' behind the Dow numbers:

www.ritholtz.com/blog/2009/01/bianco-the-dow-is-distorted/

Live with your eyes open! Thanks to Kerry for bringing this piece to my attention.

Alex