Zippyjuan
Banned
- Joined
- Feb 5, 2008
- Messages
- 49,008
One thing which may have helped the Dow today was the replacement of two stocks in the list of 30 industrials. Travelers and Cisco Systems are replacing Citigroup and GM. Index funds which attempt to mimic the Dow had to sell their holdings in GM and Citi and purchase shares in Travelers and Cisco. That should boost both those stocks and the Dow.
