Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (13152)	2/26/2000 3:30:00 PM
From: yard_man	Read Replies (1) \| Respond to 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.

To: Mama Bear who wrote (13152)	2/26/2000 5:16:00 PM
From: Just_Observing	Respond to of 42523

Thursday's close of DOW at 10092.63 = 9692 on the old DOW "without the changes made in October when Microsoft, Intel, Home Depot and SBC Communications were added and Sears Roebuck, Chevron, Union Carbide and Goodyear Tire and Rubber were removed." (Wall Street Journal, Page C18, Feb. 25). So on the close on Thursday alone, we were much below 10,000 if we compare apples to apples. I don't know where we are on the old DOW with the additional 230 point fall on Friday.