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First Trust Mega Cap AlphaDEX ETF Message Board

  • tie_dyed_tycoon tie_dyed_tycoon Apr 5, 2004 6:06 PM Flag

    sojourner53/OTCBB by next week.

    You don't listen to anyone, you stupid phonie. Get off your soapbox and try working for a living. By the way, they stated that they will list the stock on the BB and it'll take a week. Futhermore, the paper industry isn't going through the kind of times that see all the Wallstreet phonies jump on the bandwagon.
    >>Insurance, Telecommunications, and Pharmaceutical sectors got a vote of confidence via Dow Jones today as the firm announced it will add American International Group Inc., Verizon Communications Inc. and Pfizer Inc. to the Dow Jones Industrial Average, reflecting the growing importance of finance and health care to the economy and stock market.

    Eastman Kodak Co., International Paper Co. and AT&T Corp., the average's three smallest companies by market value, will be removed from the 107-year-old benchmark in its first overhaul in more than four years. The changes will be effective with the opening of trading on April 8, Dow Jones said in a news release.<<

    Basically, the Dow today isn't what Charles Dow intended it to be i.e. a measure of the countries industrial activity and strength. In fact it is nothing more than a list of stocks which help the index fund managers sell to the public. Since the kind of people that buy into these funds are pill-poppers, tele-phonies, and policy purchasing paranoids, we have such aberations.

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