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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (278560)9/24/2010 11:30:05 PM
From: Giordano BrunoRead Replies (1) | Respond to of 306849
 
Old habits are hard to break… and this index dates back a long long way. While there are a lot of complaints about the Dow, how it only tracks thirty companies, how the price weighted nature gives more influence to the higher priced stocks, etc. – it is still believe to track the overall market pretty well so people stick to it.

And notice it worldwide. It's been trading sometimes 4 x higher than the S&P.