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Friday, March 22, 2013 12:06:38 AM
Dow Jones Transportation Average ($TRAN): The Dow Jones Transportation Average ($TRAN) consists of 20 stocks in the transportation business. Originally the index only included railroads; now airlines and trucking companies are included. According to the Dow Theory, a new major high in the DJIA should be confirmed by a new major high in this index before it is considered a reliable signal.
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