Writes Bill Jones: "I’ve no doubt that there is manipulation of the stock market and the DJIA is particularly amenable to such manipulation due to its calculation methodology. This results in companies like Boeing and United Technologies having more than twice the weighting of GE and Microsoft despite the first two having a combined market cap of $130 B versus $650 B for the latter two. So the government awards, say, a new border 'security' contract to Boeing and Bingo! a new high for the Dow."
