Stops. What it’s all about.

Posted on Sep 26, 2010 by in Letters

http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=2&mn=0&dy=0&id=p29426735132&a=205639989

In general we evaluate the market through the lense of the Dow.  And in general this is effective.  Occasionally there is a divergence between the three major indices (Dow, S&P, Qs).  But a buy or sell signal in the Dow we generally take as a marketwide signal, and the same with sell signals.

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