SI
SI
discoversearch

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.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Lalit Jain who wrote (11277)5/5/1998 3:07:00 PM
From: IngotWeTrust  Read Replies (1) | Respond to of 116779
 
Thx, Lalit, enjoyed reading t'post! FWISA, transport index=caboose of the very short train: DJIA, Utes, Trannies.

In the original DOW theory as you might be aware, dealt w/the DJIA and the UTES...the Trannies came mucho later. As such, it usually takes a loooong time to be confirmatory. As such a lagging indicator, folks, myself included, accord it a lesser status as a either a confirmatory/non-confirmatory indicator.

G/Trading and Investing, friend.
O/49r