Maybe their
universe of NYSE stocks is different from DWA's,
No doubt about it. But, then we'd likely both be surprised if today's NYSE listing on DWA, or elsewhere, was identical to their listing during, say, the 1987 correction...or even last year for that matter (considering all the mergers, bankruptcies, new companies etc.). So, with the market bouncing all over the place, and with there so much room for error, I remain a bit of a skeptic about putting so much emphasis on any indicator. That's not to say I'm trying to undermine the credibility in anyone else's mind of NYSEBP, but rather that I'm interested in a variety of information with which to evaluate it's usefulness for my decisions. Thanks for the input. East |
