Getting it out of the way up front, I am no economist and I only possess a basic knowledge of statistics. This does not stop me from thinking that this is a scary chart of earnings for the Dow Jones Industrial Average. I found it in a chat room and all of the attributions are listed at the bottom of this /br /a onblur=”try {parent.deselectBloggerImageGracefully();} catch(e) {}” href=””img style=”margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 320px;” src=”” alt=”” border=”0″ //aWhat is this? It is a chart of Dow earnings since 1929 – raw, not normalized per share or per anything else. We would expect a nice rising trend with wiggles as the likes of Alcoa and McDonald’s earn more money over /br /But even a statistical chowderhead like me can tell that the current reading – IF TRUE – is well outside of normal distributions. If your Grandma is invested solely in the bluest of blue chip DJIA she experienced earnings reserved for a biotech company that just failed its last hope of an FDA drug approval /br /That cannot be a good thing for the stock /br /Here is the link to the full article by Casey Research:br /a href=”” /br /It looks like it used data from Barron’s and was brought to the attention of the chat room by a trader named William. That’s all I can pick out from his email address and I am sure he does not want his email address posted here. William, if you read this, please comment and let the world know who you are – if you like, of course.