Lesson #3 The Dow Deception Midyear Market Review June 25, 1997 Lesson #3, The DOW Deception. Is looking at a market index the best way to decide whether or not to invest? How representative are they really? The DOW Deception, by David Forrest Dow Change 03/13/97 Dow Change 03/20/97 Index Values 06/25/97 On to LESSON 4 _________________________

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