Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Shread who wrote (34812)	12/2/1998 3:59:00 PM
From: Terry Whitman	Read Replies (1) of 94695

There are probably as many different interpretations of Dow Theory as there are interpreters. My understanding of it is basically what you said in your last post- The transports and industrials should move together in a healthy market, and a new high in one should be confirmed by a new high in the other in short order (2-3 months). This is possible going forward, but the transports are going to have to rally quite powerfully for that to happen. Here's your 4 year cycle link: cpcug.org You should probably also pay some attention to the studies on P/E ratios, inflation adjusted returns, and the secular (long term)cycle. TW

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next