I am referring to the fact that the 8-9% rally in the last three months is not limited to a few DOW stocks as you said.
I don’t care is there are only 4 DOW stocks that make up most of the gain in the DOW and the point about cash beating stocks over the last 5 years is interesting, BUT …
My point is that the recent rally has been MUCH BROADER THAN JUST THE DJIA.
Look at the chart I posted (You’ll have to click on it to make it larger ands readable).
How can you disagree with the data on the plot I showed that that clearly shows the S&P, wilshire 5000 and DOW all having nearly exactly the same gain over the last three months ?
