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lentinman

05/17/08 2:46 AM

#154 RE: littlejohn #153

LJ:

Adding an oil company to the DOW goes counter to representing how the economy is doing.

Take it to the extreme. If you had 30 DOW stocks and all were oil, the index would be going insane - theoretically representing the economy. But, the only reason they go insane is at the EXPENSE of the economy.

Len
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shmolton

05/17/08 9:04 AM

#156 RE: littlejohn #153

I wasn't aware of that, pretty tricky.