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Current Market & Dow Theory

3 posters

Go down  Message [Page 1 of 1]

1Current Market & Dow Theory Empty Current Market & Dow Theory Sun Jul 15, 2012 8:31 pm

Whitebull


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Some of our members are very pessimistic about CSE.....Some are with a hope.So I decide to remind us on one of the six tenents of Dow theory.

Trends Have 3 Phases:

Current Market & Dow Theory Dowtheory-nasdaq

• The accumulation phasewhich is when the “expert” traders are actively taking positions which are against the majority of people in the market. Price does not change much during this phase as the “experts” are in the minority so they are not a large enough group to move the market.
The public participation phase which is when the public at large catches on to what the “experts” know and begin to trade in the same direction. Rapid price change can occur during this phase as everyone piles onto one side of a trade.
• The Excess Phasewhere rampant speculation occurs and the “smart money” starts to exit their positions.

http://www.informedtrades.com/1964-dow-theory.html

2Current Market & Dow Theory Empty Re: Current Market & Dow Theory Sun Jul 15, 2012 8:40 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

Thanks mate.
This is the thing we are expecting from you.

3Current Market & Dow Theory Empty Re: Current Market & Dow Theory Mon Jul 16, 2012 10:10 am

K.Haputantri

K.Haputantri
Co-Admin

Food for thought to pessimists.

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