If You Don't Like What The Numbers Are Saying, Get Some New Numbers

TechCrunch speculates that Apple and Google could replace Citigroup and GM in the Dow. It's a pretty incoherent post, but the point made at the end, though sad, is important:

Some might say that the Dow Jones, with the limited amount of funds to track, is inaccurate and insignificant compared to the reach of the S&P 500. But still, it is the Dow that most Americans know and follow.

I don't believe that "most Americans" know or follow the Dow, but I do know that simply swapping out the underperformers for better performers undermines any scant remaining legitimacy the Dow might retain as a broad, American economic indicator.