Re: Dow Theory Confirmed SELL signal today
[ QUOTE ]
If its a sell theory today, thats hilarious. Wouldn't that put your net gain for the year at 0%?
[/ QUOTE ]
The sell signal is more for insurance so that you don't get caught in a sharp downturn.
In the 1929 Crash, most of the "experts" thought the first 15% drop was just a correction. When all was said and done, the dow dropped 89%.
The people who didn't get wiped out were the ones who set an arbitrary sell point, and got out before the real carnage.
|