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Originally Posted by Tchocky
The DJIA isn't the best predictor or prognostic indicator.
It's a snapshot of how a market is feeling at a very specific date and time. Stock markets are traditionally more panicky and flappable than the rest of the economy.
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True but look at the series of snap shots.....trending downward for quite sometime now. Looking at the series of snap shots, it is a very good indication were the economy is and is heading.