I heard that Cisco Systems and another company replaced them on the Dow. This makes sense when GM is presently trading at .81 cents a share and Citigroup is trading a $3.69
a share. Though it is sad to see what is happening to both companies by eliminating them from the DOW they will not drag down the average as they have been and it will help the rest of the DOW stocks continue to rise and hopefully help pull the world economy out of a hole. All the positive feedback loops possible we need now to help those without jobs and starving worldwide now before it gets any worse. The U.S. economic mechanisms move at lightning speed compared to most of the rest of the world. Even if the U.S. economy returned to what it was 2 or 3 years ago right now, most the rest of the world might take 5 to 10 years to fully recover because most governments aren't streamlined enough to cope properly with this worldwide mess.
To the best of my ability I write about my experience of the Universe Past, Present and Future
Top 10 Posts This Month
- A Tragic Loss | Tesla Motors
- These Are The Possible Future Leaders Of Britain
- HTTPS?
- For example, an IPhone is probably the most vulnerable security device you can get. Why would I choose to have one?
- Volkswagen Beetle by Wikipedia
- This is what the code looks like displayed on a page
- Ancien régime: (or the monarchy before Louis XVI was guillotined along with Marie Antoinette)
- Ray Kurzweil created the idea of the Singularity in regard to Artificial intelligence. He believes it will come by 2050
- Ford Model T (produced from 1908 until 1927)
- How to Survive a Potential Recession
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