Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: LLCF who wrote (47173)	9/17/2008 12:25:38 AM
From: MJ	Read Replies (1) of 224729

Regarding if everyone were in cash the Dow would be a freakin 1,000. The Dow Jones is an index of a given number of stocks. The Dow reflects the movement of the stocks that make up the Dow Jones Industrial Average not the whole market. This is a popular misconception amongst people generally---they think that the DJ being up is positive and the DJ being down is negative for the market or their stocks. An individual investor/trader looks at theuniverse of stocks they own to assess how they are doing. The same is true for the industrial averages, the utilites, the S & P, the Russell. Preservation of cash has been the name of the game for several months. For the low priced stocks a 10cent move has been considered a good day----you can extrapolate upward for higher priced stocks.

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