ST Alpha - "That'll goose the numbers a bit." (Reading a Post)

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In response to "Dow Jones Industrials... Out: AT&T, In: Apple -- nm" by Baron Go Bragh

That'll goose the numbers a bit.

Posted by Will Hunting (aka JoeMetz) Mar 6 '15, 06:54

hasn't the concern in recent years been not to put Apple in there because it's so outsized?

Responses:

I hate Apple products but even I had to concede not investing in it was dumb. I bought into Apple this month. The cult of consumers is just too big -- nm - Bacon Mar 6, 07:35 1
- The fund into which I invested my Fidelity IRA is heavily into Apple. No wonder the growth curve is straight up. -- nm - Mop Mar 6, 07:44
Never mind....found an article that explains it a bit - Will Hunting Mar 6, 06:56 4
- It's still replacing a $30 stock with a $130 stock so the percentage moves will be more visible in the average. -- nm - Baron Go Bragh Mar 6, 07:01 3
  - Wait, Apple's up to $130 already? - Will Hunting Mar 6, 07:04 2
    - All those Apple Sheepeel got to eat. -- nm - Walt_Disney Mar 6, 07:17 1
      - Meh, I don't even mind, it's price to earnings is still only 17. - Will Hunting Mar 6, 07:39

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