Mark Hulbert of Marketwatch: The Transports have been the stronger of the two benchmarks, and it is widely considered to be a leading economic indicator. Read the article HERE.
“A person watching the tide coming in and who wishes to know the exact spot which marks the high tide, sets a stick in the sand at the points reached by the incoming waves until the stick reaches a position where the waves do not come up to it, and finally recede enough to show that the tide has turned. This method holds good in watching and determining the flood tide of the stock market”.
This quote, from Charles Dow's January 31st, 1901 entry in the Wall Street Journal is the cornerstone for understanding major-market major-trend analysis. Compiling data since the late 1800's, and a proprietary database from 1953, with over 50 years of experience, and adding our own observations and tools, we have developed one of the most accurate market timing systems out there. We are a three-generation family-company that specializes in delivering market timing indicators to assist serious investors achieve personal financial success. With our Editor-in-Chief Jack Schannep, and his son Bart as Contributing Editor's input in writing a monthly newsletter, our subscribers enjoy the benefit of knowing when it is an appropriate time to be 100% invested, 50/50, and when to stay out!
As a free service, we wish to present you with a good understanding of what the Dow Theory is, what our Schannep Timing Indicator is, and what our synergistic Composite Timing Indicator is. The most important question is what results these indicators give to our subscribers. We have compiled a historical record for your review as well, of each indicator.
We believe that with accurate, objective market-timing advice, you do not have to lose what you have saved for, and you can participate in the gains that the market gives. TheDowTheory.com is the premier stock market major-trend timing Newsletter with documented and verified long term records which set the standard for market timing. Take a look around, and please accept our invitation to join our growing list of subscribers.
There has been renewed interest in the Dow Theory since Jack Schannep presented his research to the Market Technicians Association that showed Dow Theory produced an excess return of 1.5% per year (from 1953 thru 2011) versus a buy and hold strategy. His presentation attracted a whole new generation of Dow Theory enthusiasts. Read the article HERE.