Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Path: utzoo!watmath!clyde!burl!ulysses!bellcore!decvax!decwrl!pyramid!pesnta!amd!vecpyr!lll-lcc!lll-crg!seismo!rochester!ritcv!ccivax!rb From: rb@ccivax.UUCP (rex ballard) Newsgroups: net.invest Subject: Is new Dow Jones High Phoney? Message-ID: <378@ccivax.UUCP> Date: Fri, 7-Feb-86 17:24:43 EST Article-I.D.: ccivax.378 Posted: Fri Feb 7 17:24:43 1986 Date-Received: Tue, 11-Feb-86 04:37:35 EST References: <743@cylixd.UUCP> <2813@sunybcs.UUCP> Reply-To: rb@ccivax.UUCP (What's in a name ?) Organization: CCI Telephony Systems Group, Rochester NY Lines: 6 I remember hearing about some recent substitutions in the companies used to make up the Dow Jones Industrial Average. With the Dow now breaking 1600 yesterday, I was wandering how much of that reflects the Dow's ability to pick companies rather than the actual state of the market. Are other indicators showing similar gains?