y***r 发帖数: 16594 | 1 BEAR MARKETS AND DOW THEORY... It never hurts to review the classics. This
past week I was reviewing Dow Theory from Technical Analysis of Stock Trends
(Edwards & Magee 1948). It is a classic that every aspiring technical
analyst should read and it can be found in the Stockcharts.com bookstore.
No, I don’t have the original 1948 version, but the chapter on Dow Theory
is virtually unchanged. When reviewing the phases of a bear market, I was
struck by the following paragraph:
The second phase is |
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