Cashing in on the Dow: Using Dow Theory to Trade and Determine Trends in Today's Markets
Editorial Reviews
Book Description
Charles H. Dow, founder of the Wall Street Journal, also created what's known as the "Dow Theory" -- that the market itself is the best predictor of future performance. This insightful book takes a contemporary look at the Dow Theory and why it is still such a powerful technique for successful stock investment. In great detail, this book:
** explains the basics of Dow Theory as a technical tool
** examines the Dow Theory from a current perspective, and specifically looks at:
(1) the new speed of Bull and Bear markets cycles
(2) The massive increases in volume and volatility (and the critical "condensing effects" these cause)
** lays out the importance of support and resistance levels for prices, and how professional traders use these to design portfolio strategies for buying and selling stocks at all levels
** interprets the relationship between the Dow averages -- and how understanding this relationship creates winning stock performance.
About the Author
MICHAEL D. SHEIMO (Edina, MN) is a recognized expert on the Dow Theory with over 25 years' experience at companies including Merrill Lynch and Olde Financial Corporation. His books include Dow Theory Redux, Stock Market Rules, and The Stock Selector System.
Cashing in on the Dow: Using Dow Theory to Trade and Determine Trends in Today's Markets,Michael D. Sheimo,American Management Association,0814404006,Accounting - General,Business & Economics,Business / Economics / Finance,Business/Economics,Consumer Finance,Finance,Financial Markets,Investment Finance,Investment analysis,Investments & Securities - Stocks,Personal Finance - Investing,Portfolio management,Stock price forecasting
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