It’s almost a foregone conclusion that General Motors (GM) is going to be replaced from the Dow. People have started speculating on possible replacements: From Yahoo Finance: In a research note last month, Nicholas Colas, chief market strategist for BNY ConvergEx Group, laid out seven possible replacements for GM: bankers Goldman Sachs Group Inc. and Wells Fargo & Co.; high-tech firms Cisco Systems Inc., Apple Inc., Google Inc. and Oracle Corp.; and agricultural products maker Monsanto Co. Based on the market moving impact of high price stocks on the Dow index, I would safely rule out Google, and even Goldman Sachs and Apple would be pushing the envelope. Why? If [More...]