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To: Paladin2

The Dow Jones Industrial Average® (The Dow®), is a price-weighted measure of 30 U.S. blue-chip companies. The index covers all industries except transportation and utilities.

...

Your lack of knowledge is a joke.


13 posted on 06/19/2018 3:53:50 PM PDT by Moonman62 (Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
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To: Moonman62

“The Industrial portion of the name is largely historical, as many of the modern 30 components have little or nothing to do with traditional heavy industry. “

The Dow is a bogus long term indicator, much like Global Warming proxies.


18 posted on 06/19/2018 3:57:30 PM PDT by Paladin2
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To: Moonman62

Does the index cover the Pr0n Industry?


22 posted on 06/19/2018 3:59:16 PM PDT by Paladin2
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To: Moonman62

Quite right, it started out with a lot of mining stocks, possibly some railroads, maybe steel, and has kept pace with the changes of the economy... hmm, here it is, originally 12 companies — American Cotton Oil, American Sugar, American Tobacco, Chicago Gas, Distilling & Cattle Feeding, General Electric, Laclede Gas, National Lead, North American, Tennessee Coal and Iron, U.S. Leather pfd. and U.S. Rubber. [ https://www.investopedia.com/ask/answers/100214/who-were-original-dow-jones-industrial-average-djia-companies.asp ]


41 posted on 06/19/2018 5:03:26 PM PDT by SunkenCiv (www.tapatalk.com/groups/godsgravesglyphs/, forum.darwincentral.org, www.gopbriefingroom.com)
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To: Moonman62

bump


55 posted on 06/22/2018 4:25:49 AM PDT by foreverfree
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