V.10:9 (381-384): Is Dow Theory Sending Us A Warning? by Michael D. Sheimo

V.10:9 (381-384): Is Dow Theory Sending Us A Warning? by Michael D. Sheimo
Item# \V10\C09\ISDOWTH.PDF
Availability: In Stock

Product Description

Is Dow Theory Sending Us A Warning? by Michael D. Sheimo

Michael Sheimo, best known for books such as Dow Theory Redux and Stock Market Rules, tackles the age-old question of whether the Dow theory is still valid and if it is, is it really sending us a warning?

After more than a hundred years, are the concepts of the Dow theory still useful in determining stock market strength? The Dow theory was arrived at by an evolutionary process over a period of several years. At the turn of the century, Charles Henry Dow discussed stock trading ideas in the newspaper he was both editor and publisher of, The Wall Street Journal . The discussions, which appeared in a section called "Review & Outlook," involved analyzing stock price movements each day, prices conveniently published in the Journal.

Concepts of what would eventually be called the Dow theory were presented after Dow's death in 1902 by managing editor William Hamilton, who succeeded Charles Dow. Hamilton's work occasionally had errors and false signals but was believed reliable by many Journal readers. Hamilton used the theory to correctly call the approaching bear market of 1929. Hamilton deserves credit for much of the development of the Dow theory.

*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.

Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order