It is Good to be a Dow Theorist
April 23, 2011 
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I really don’t know how I would make sense of everything if I did not have the resolute believe spelled out in The Dow Theory, Fraser Publishing Company, 1993, that “the averages (markets) discount everything”. To quote: “The fluctuations of the daily closing prices…afford a composite index of all the hopes, disappointments, and knowledge of [...]
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