Day: February 11, 2008

Reading Time: < 1 minute Dow Jones Industrials Average (DJIA, Wikipedia), commonly referred as Dow Industrial Index, is widely perceived as the benchmark of the US stock market. This perception is not necessary a reflection of reality, as I said in my earlier post. Today Dow underwent another tweak: from Feb 19 it will remove Altria (MO, today’s closing price

Reading Time: < 1 minute Peter Lynch once described our human’s psychology about stock market during different cycles, in his book One Up on Wall Street. I remember he used a party as an example, and he looked at the number of people approached him (people know he is a fund manager), and the amount of conversations about stocks, as