Created over a hundred years ago by Wall Street Journal founder Charles H. Dow, the Dow Theory is the grandfather and foundation of all technical stock market analyses. The Theory operates on the premise that the market itself is the best predictor of future performance. By using Dow averages to explain the current condition of the market, forecast future trends, and determine investment strategy, the Dow Theory continues to be a sound technique for successful stock investing.
Cashing in on the Dow takes a contemporary look at the Dow Theory and shows investors how they can effectively --and profitably--apply the theory to today's rapidly changing market. With discussion s on origin, evolution, and core influence on other market indicators, this invaluable reference offers insights into how to understand the signals generated by stock market indicators, leading to better stock selection timing, and higher returns.
Industry Reviews
"Using Dow Strategy is an enticing money-maker, but don't try it without the solid background you will receive from reading Cashing in on the Dow. It is an essential tool to participate fully in the continuing bull market." -Adriane G. Berg, Wealthbuilder Newsletter "Michael Sheimo provides engaging instruction on how the Dow Theory and technical analysis affect the stock market, and why they will remain relevant in the 21st century." -Margaret Price, Pensions and Investments "If you trade stocks and don't know anything about the Dow Theory, you should learn its fundamentals. It would be hard to find an easier way to do so than Michael Sheimo's book." -Stanley Angrist, Wall Street Journal "Using Dow Strategy is an enticing money-maker, but don't try it without the solid background you will receive from reading Cashing in on the Dow. It is an essential tool to participate fully in the continuing bull market." -Adriane G. Berg, Wealthbuilder Newsletter "Michael Sheimo provides engaging instruction on how the Dow Theory and technical analysis affect the stock market, and why they will remain relevant in the 21st century." -Margaret Price, Pensions and Investments "If you trade stocks and don't know anything about the Dow Theory, you should learn its fundamentals. It would be hard to find an easier way to do so than Michael Sheimo's book." -Stanley Angrist, Wall Street Journal