The Dow Psychology
The first person I heard keeping a track of DOW on a day to day basis was a business school senior of mine from the class of 1997. Little did I know then that in barely ten years, the world will get glued to DOW daily and intraday movements. And nothing will matter more than where the Dow was headed. We are in the age of DOW, and DOW psychology rules. The grip is so powerful that an emerging market broker in Romania after a market update to his client starts talking about what the client is interested in most, the bailout meeting. The respective client will be missing the UEFA CHAMPIONSHIP match between CFR CLUJ and CHELSEA to watch the bailout meeting at home.