After the dust hast settled: Commentary to the Dow Theory primary bear market signal
posted on: June 21, 2013
Its implications for investors As I announced earlier today on this Dow Theory blog, today a primary bear market has been signaled. Those really interested in understanding the intricacies of this primary bear market signal, and the setup that preceded it, are encouraged to go here (for today’s description of the primary bear market signal), […]
Part I. Delineating the object of our study It is no secret that this blogger truly yours has always passionately defended Schannep’s Dow Theory “flavor.” For the uninitiated, it suffices to say that the Dow Theory is not monolithic and, hence, different variations of a common theme cohabit in hopefully peaceful harmony. More about the […]
Dow Theory special issue: Dissecting the classical/Rhea Dow Theory record. Profit factor and more
posted on: June 1, 2013
Part 2: Final statistics. Eight days ago, I posted “Dissecting the classical/Rhea Dow Theory record.” In that post, I examined vital statistics concerning the positions taken in pursuance of the Dow Theory primary bull and bear market signals. Today, we will expand further our analysis by focusing on: · Win to lose ratio. · What […]
Dow Theory special issue: Dissecting the classical/Rhea Dow Theory record
posted on: May 24, 2013
Part I In previous posts of this Dow Theory blog, we occupied themselves with the evaluation of the Dow Theory performance, as explained here. Furthermore, we broke down such data into secular and bull markets as presented here and here. One thread in common was that all these studies focused on a comparison of the […]
Dow Theory special issue: Introducing Schannep’s stoploss for the stock market
posted on: May 17, 2013
In my previous post, I made some observations concerning the unrealized gains made by those following the primary bull market signal in the stock market. I finished my observations by mentioning two tools to help the investor avoid devastating losses (or to lock in profits) if the trend suddenly reverses. One of this “tools” is […]
Dow Theory Special issue: Differences between trading and investment
posted on: May 3, 2013
Is trading so different from investment? For me, everything is the same. They are different ends that lead (or should lead) to the same goal. The goal is to protect your capital (avoid drawdons and paper losses as much as possible) and, if possible, make it grow. If you achieve this goal by day trading: […]
Dow Theory Special Issue: A new Answer to the New Low Observer (NLO)
posted on: March 2, 2013
The New LowObserver (NLO) is an avid student of the markets. Its website contains a wealth of information, which spans many subjects (Dow Theory, specific stocks, book list, market observations, etc.) NLO posted a comment in my Seeking Alpha blog in the past which resulted in my post “An Answer to the New Low Observer […]
Dow Theory Update for Feb 26: Another distribution day. Stocks up as volume recedes
posted on: February 26, 2013
Gold and silver up. Has a bottom been made? Let’s get started with our Dow Theory commentary in this blog today. Special note on gold GLD lost yesterday (Feb 25) 7.82 tonnes of gold. Thus, inventories have been declining for 5 days in a row. All in all, inventories have declined from 1322.97 tons to […]
Dow Theory Update for Feb 25: Bearish action in stocks
posted on: February 25, 2013
Gold and silver up Let’s get started with our Dow Theory commentary in this blog today. Special note on gold GLD lost last Friday (Feb 22) almost 10 tonnes of gold. Thus, inventories have been declining for 4 days in a row. All in all, inventories have declined from 1322.97 tons to 1280.67 tonnes, that […]
Dow Theory special issue: Dow Theory’s performance during the secular 1982-1999 bull market
posted on: February 22, 2013
How often does the Dow Theory outperform buy and hold? Part III In my post “How often does the Dow Theory outperform buy and hold?”, which you can find here, I started a series of articles dedicated to examining the classical/Rhea Dow Theory “flavor” under all market environments and across time. At the risk of […]
Dow Theory Update for Feb 22: Precious metals and stocks up
posted on: February 22, 2013
Are precious metals finding support? Let’s get started with our Dow Theory commentary in this blog. Strebler joins forces with Russell. I have some news from the Dow Theory world. Richard Russell, of the “Dow Theory Letters,” has a new business associate to help him run his advisory. Jon Strebler has already written two interesting […]
Dow Theory special issue: Dow Theory’s performance during the secular 1966-1981 bear market
posted on: February 9, 2013
How often does the Dow Theory outperform buy and hold? Part II In my post “How often does the Dow Theory outperform buy and hold?”, which you can find here, I started a series of articles dedicated to examining the classical/Rhea Dow Theory “flavor” under all market environments and across time. In that post, we […]
