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Hi:
I remember reading and studying what I believe comes from Pring... That the Dow
Utilities(which is actually the cost of money), will lead the Dow Ind, by 6-9
months. Set up a long term chart of both, and look for the corralation.,and see
what you think.....Tom
HARELSDB@xxxxxxx wrote:
> If I am not mistaken, according to DOW Theory, a Bear market will be signaled
> if the DOW Industrials make a new low on the current reaction below the low on
> the previous reation. This is after the DOW Transports failed to confirm the
> most recent high on the DOW Industrials and the Transports made a new lower
> low today.
>
> I would be interested in hearing alternate interpretations from those who
> might be more versed in DOW Theory than I.
>
> Thanks,
>
> Dan Harelson
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