"had they not fiddled with the DJIA, it would currently stand at 10639.5!"
Isn't it a truism to say that if things were different, then they wouldn't be the same? Can we figure out what the Dow would be if the original 12 stocks were still there, and no changes had been made? Those would be American Cotton Oil, American Sugar Refining, American Tobacco, Chicago Gas, Distilling and Cattle Feeding, GE, Laclede Gas Light, National Lead, North American Company, Tennessee Coal Iron and Railroad, US Leather and US Rubber.
They've been fiddling with the Dow for a long time.
Regards,
Barb |