Teoria De Dow Pdf Portable

: The Industrial and Transportation averages must move in the same direction.

: Dow believed a trend in the Industrial Average wasn't valid unless the Transportation Average (railroads in his day) also showed a similar move. teoria de dow pdf portable

The "waves." These are corrections within the primary trend, typically lasting three weeks to three months . : The Industrial and Transportation averages must move

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: Savvy investors begin exiting as the public reaches peak excitement.

: The early investors begin selling to the latecomers as euphoria peaks.