Re: Dow Jones Theoretical Highs and Lows

[fletch <fletchmo@xxxxxxx>]

Carrol:

INDUI is the theoretical -

http://www.dbc.com/cc/bmi/bmisymgd.htx

fletch

Carroll Slemaker wrote:

> On Tue, 16 Dec, Mike Gossland wrote about the difference between the
> Signal symbols, $INDU and $DJ.  He said that $DJ is the "theoretical"
> value.
>
> Mike, you have it just backward - $INDU is the "theoretical" value and
> $DJ the actual.  The range of the theoretical value will always be
> greater than the range of the actual.
>
> Unfortunately, the theoretical value is the one most often given in the
> news media.  I suppose the rationale is that the theoretical high & low
> are more representative of the behavior of the individual stocks which
> constitute the index.
>
> Carroll Slemaker