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The Evolution of a Theory
The Dow Theory Which Hamilton Interpreted
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activity on declines average price Barron's bearish bullish cent CHAPTER charts Colorado Springs confirmed daily fluctuation daily movement deceptive developed discount discussions double bottoms double tops Dow theory Dow-Jones averages Dow's downward movement duration extended Hamilton wrote high point implications important secondary indication industrial average industrial stock averages July June June 27 low point manipulation market movement market trends ment method never occurred paper Paris Bourse period price movement primary bear market primary bull market primary movement primary trend proved rail and industrial railroad and industrial railroad stocks rallies and declines readers reading reason record retracing Robert Rhea rule secondary movement secondary rally secondary reaction Sept sheets short sell Stock Market Barometer stock prices swing terminated tion upward usually volume of trading Wall Street Journal weeks William Peter Hamilton writings York Stock Exchange