Tuesday, February 21, 2006

Good Old Dow Theory

Anyone involved in analyzing the markets from the technical side has at least heard of the "good old" Dow Theory.
Below is a link that shows it in action - an action that is ominous, to say the least.

I don't forecast for a living. However, reading in-depth analyses of people who do, especially with employment of impressive level of rigor, is at least prudent.

A Dow Theory Primary Trend Warning

Cheers,
/Dmitry

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