The Dow Jones Industrial Average: A Fata MorganaGuest Post
The Dow Jones Industrial Average 2 Minute (INDEXDJX:.DJI) Index is the only stock market index that covers both the second and the third industrial revolution. Calculating share indexes such as the Dow Jones Industrial Average and showing this index in a historical graph is a useful way to show which phase the industrial revolution is in. Changes in the DJIA shares basket, changes in the formula and stock splits during the take-off phase and acceleration phase of industrial revolutions are perfect transition-indicators . . .
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