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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: vampire who wrote (9738)1/3/2001 4:07:40 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
If you take MSFT out to $90 you still do not have a new high on the DOW, I think that the addition of the MSFT and INTC, and HD and WMT to the DOW are actually distorting the image of the Dow, the dow is a self improving index, laggard are taken out and shot (take Chrysler out and replace it with MSFT and you get a stronger Dow not a weaker one).

Zeev