I continue to be amazed at how our 3-Dimensional reality works behind the scenes. For instance, the chart above illustrates what the Dow would have looked like today if Apple (AAPL) was added to the index back in February of 2008. The Dow would be at around 22,500 and Jeremy Siegel would look like an absolute genius that he is.
Here is the thing. The Dow has an incredibly strong mathematical structure that moves the index behind the scenes. This structure has been in existence since May 20th of 1790 and it hasn’t been broken since. This same math suggests that it would have been impossible for the Dow to be at that level today. In fact, we won’t see it until we hit the year 2021. Hence, Apple was skipped in 2008 and the Bank of America was added instead.
Now that Apple (AAPL) is the company with the biggest market cap, significant overvaluation, too much competition and no exciting new products in its pipeline (hello Apple Watch)……..I believe the company will help drag the Dow down. In other words, Apple was added to the Dow Jones just in time for another bear leg to begin. Amazing multidimensional reality is once again displaying itself in our limited 3-Dimensional human perception.
What You Ought To Know About Apple (AAPL) Dragging The Dow Down Google