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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (53629)9/23/1998 1:26:00 PM
From: Tundra  Read Replies (1) | Respond to of 58727
 
RE: dow theory

I am only faintly aware of the theory. As I understand it in part, the transports are a leading indicator of economic activity. Can anyone
confirm if this is correct and perhaps expand further?

Part of the reason I ask is today's performance of the transports
in an otherwise fairly strong market move. Any thoughts would
be appreciated.

Regards,

Tundra