Still watching the Dow?

[Imoutgoodbye]

I hope you are...it's time to invest again if you haven't already done so...

I'm also watching the idiots in Washington and laughing at them. Poor bastards can barely see the forest for the trees.

[Pali]

I watch the idiots in Washington and pity the country.

[Zhokril]

If you're actually interested in investing, the S&P is what matters. Nobody in the finance world actually pays any attention to the Dow

[Imoutgoodbye]

If that's how you roll, go with it.

EDIT:

DJIA:

1. 30 North American stocks picked by the Wall Street Journal

2. Calculated through a method of simple mathematical averages

3. Higher-priced stocks affect the average more than lower-priced ones.

S&P 500:

1. 500 North American stocks picked by an S&P board

2. A wider range of sector representation

3. Calculated by giving weights to each stock according to their market value

4. Regardless of stock price, a percentage change will be reflected the same on the index.

Just pointing out that I'm not trying to be a jerk...just saying that it's the idiots on WALL STREET that cause panics and pushes stock prices lower over all through some back room stupidity. Which is why there is a "vagueness" to how the 30 are picked for the Dow. S&P is a better representation for specific sectors. Dow sheds light on overall atmosphere and what may come.

EDIT2: I should also point out I'm no expert on the subject. These are just my findings through casual observation and research.