2006-10-21 12:11:21 · 4 answers · asked by Kevin W 1 in Business & Finance ➔ Personal Finance
the trend
2006-10-21 13:28:14 · answer #1 · answered by dredude52 6 · 0⤊ 0⤋
Statistically speaking, the market is the best indicator of the market -- everything else is just a survey, with some built-in imprecision.
If you're looking for an indicator, you want to find one that correlates well with the investments you make. If you invest in blue chips, use the Dow. If you're investing in unproven small caps, you'll obviously want to use a different index. The S&P is a good overall barometer, so if I were forced to pick one, I suppose that'd be it. But it's not the market, so it isn't a complete representation.
2006-10-21 19:22:07 · answer #2 · answered by Graythebruce 3 · 0⤊ 0⤋
500
2006-10-21 19:13:10 · answer #3 · answered by clinton f 1 · 0⤊ 0⤋
Wilshire 5000 is representative of most of the USA market, so is a better overall indicator
2006-10-21 21:04:08 · answer #4 · answered by dllou1 4 · 0⤊ 0⤋