Author: Wim Grommen
The Dow Jones Industrial Average (DJIA) Index is the only stock market index that covers both the second and the third industrial revolution.Calculating share indexes such as the Dow Jones Industrial Average and showing this index in a historical graph is a useful way to show which phase the industrial revolution is in. Changes in the DJIA shares basket, changes in the formula and stock splits during the take-off phase and acceleration phase of industrial revolutions are perfect transition-indicators. The similarities of these indicators during the last two revolutions are fascinating, but also a reason for concern. In fact the graph of the DJIA is a classic example of fictional truth, a hoax.
Transitions
Every production phase, civilization or other human invention goes through a so called transformation process. Transitions are social transformation processes that cover at least one generation. In this article I will use one such transition to demonstrate the position of our present civilization and its possible effect on stock exchange rates.
A transition has the following characteristics:
• it shows technological, economical, ecological, socio cultural and institutional changes at different levels that influence and enhance each other
•it is the result of slow changes (changes in supplies) and fast dynamics (flows)
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About the Author
Wim Grommen was teacher in mathematics and physics for ten years at secondary schools. The last twenty years he trained programmers in Oracle-software. He worked almost five years as trainer for Oracle and the last 17 years as trainer for Transfer Solutions in the Netherlands. The last 15 years he has studied transitions, societal transformation processes, the S-curve and transitions in relation to market indices. Articles about these topics have been published in various international publications
Here are some basics
Featured Article Around the World in Over 25 Publications
The DJIA Is A Hoax on Allthingsnow.com
The DJIA Is A Hoax on Wikkorg.wordpress.com
The DJIA Is A Hoax on Tradeplacer.com
The DJIA Is A Hoax on Wikkorg.wordpress.com
The DJIA Is A Hoax on Tradeplacer.com
