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Dogs of the Dow Definition
Dogs of the Dow Definition - Trends
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A theory which says the market is in an upward trend if one of its averages (industrial or transportation) advances above a previous important high, it is accompanied or followed by a similar advance in the other. Investopedia Says : The theory also says that when both averages dip below previous important lows, it's regarded as an indicator of a downward trend. Related Links : Are these investments show dogs or just mangy mutts? Barking Up The Dogs Of The Dow Tree Learn about the foundation upon which technical analysis is based. Dow Theory Theory that a major trend in the stock market must be confirmed by a similar ...
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DOGS OF THE DOW DEFINITION
Peter Newman, Scott Borden, Michael Lee: Economics 2009
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