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Pastimes : All Clowns Must Be Destroyed

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To: Mama Bear who wrote (13152)2/26/2000 3:30:00 PM
From: yard_man  Read Replies (1) of 42523
 
Sure it is a truism, but it is interesting to try and figure out what they are doing with their fiddling. My own view is: Even if they intended to monkey with the indices to make them look somehow better (or worse) than they would otherwise -- so many variables involved that it is unlikely they woudl succeed in producing an intended bias ...

But still it is interesting -- just to see what different baskets of stock are doing. I think the DOW is increasingly irrelevant, but not for the reasons cited by the bubbleonians. Event the cap weighted indices aren't all that meaningful -- I think you get more info following cap weighted sectors.
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