One of the criticisms of Dow Theory is that it calls market reversals long after they occur.
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One of the criticisms of Dow Theory is that it calls market reversals long after they occur. Explain why Dow Theory makes these market calls late. What are the trade-offs that investors make with a system that tends to makelate calls of market reversals?
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Related Book For
Technical Analysis The Complete Resource For Financial Market Technicians
ISBN: 978-0134137049
3rd Edition
Authors: Charles Kirkpatrick, Julie Dahlquist
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