Looks like the Dow Jones leveled out today. I reallocated funds in my TSP and 401k Monday. Can see it taking a nose dive soon.
Anyone else getting nervous?
Anyone else getting nervous?
leader said:Ebb and flow, gotta ride the wave....
Bone Collector said:my question is it seems most funds are linked to the S&P and not the Dow.
probably a dumb question, but is the Nasdaq, S&P and what not linked to the Dow? I assume yes in some way, but not sure.
TAFKAP said:Bone Collector said:my question is it seems most funds are linked to the S&P and not the Dow.
probably a dumb question, but is the Nasdaq, S&P and what not linked to the Dow? I assume yes in some way, but not sure.
I understand that the Dow Jones Industrial Average is a summary of 40 major corporations, representing a good cross section of the economy. Depending on a corporation's performance over a period of time, some companies are added or dropped from the DJIA. The NASDAQ is an entirely different trading market (as opposed to the NYSE or the AMEX), and I believe the S&P is just a broader spectrum of company samplings, but simliar to the DOW.
Bone Collector said:my question is it seems most funds are linked to the S&P and not the Dow.