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Strategies & Market Trends : Longer-Term Market Trends

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To: AllansAlias who wrote (1968)11/8/2008 9:15:00 AM
From: Perspective1 Recommendation  Read Replies (1) of 3209
 
Don't read this post - until you've answered my prior one!

Here's a great little DJIA history:

djindexes.com

The DJIA started out as 12 companies, then expanded to 20.

The timing of the expansion to 30 companies was perfect:

10/1/1928!!!

Naturally, massive turnover in 1930-32.

And of the present 30, how many were in the 1973 index?

Only seven:

en.wikipedia.org

AA DD XOM GE GM PG UTX

The 1973 components:
Allied Chemical
Aluminum Company of America
American Can
American Tel. & Tel.
American Tobacco B
Anaconda Copper
Bethlehem Steel
Chrysler
Du Pont
Eastman Kodak Company
General Electric Company
General Foods
General Motors Corporation
Goodyear
International Harvester
International Nickel
International Paper Company
Johns-Manville
Owens-Illinois Glass
Procter & Gamble Company
Sears Roebuck & Company
Standard Oil of California
Standard Oil (N.J.)
Swift & Company
Texaco Incorporated
Union Carbide
United Aircraft
U.S. Steel
Westinghouse Electric
Woolworth

I wanted to see how "uniform" the move into the final low was. I guess that's going to be a challenge given how many of them no longer exist.

Anybody got the historical data?

`BC
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