Page 1 of 5 123 ... LastLast
Results 1 to 12 of 59

Thread: Dow Theory

  1. #1

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    1,936
    Blog Entries
    45

    Default Dow Theory

    In case you were wondering where we are in the Dow Theory, this guy did an unbelievable job breaking it down for us. Awesome charts!

    http://benbittrolff.blogspot.com/200...elated_content

    Of course, Dow Theory is subject to great debate...


  2.  
  3. #2

    Join Date
    Apr 2005
    Posts
    13,598
    Blog Entries
    9

    Default Re: Dow Theory

    Thanks for the link. Interesting reading!

    The guy mentions the breakdown of the Dow Transports as being one of the reasons why those who say we are about to have a rally are wrong.

    I'd say that the reason the Dow Transports are all down, has in very large part to do with the higher cost of oil. You can't drive trucks or fly airplanes as profitably if you planned for one price of oil, and now you've got almost double that price a year later. As this closing in on $100/barrel oil continues, we're going to have a lot of oil dependant companies showing lower profits, and with it, a decline in those company stocks.

    We'll have to see how it all plays out.

    Plan on more expesive shipping costs, and plane tickets.
    Last edited by James48843; 11-23-2007 at 03:51 PM.

  4.  
  5. #3

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    58,229

    Default Re: Dow Theory

    Quote Originally Posted by James48843 View Post
    Thanks for the link. Interesting reading!

    The guy mentions the breakdown of the Dow Transports as being one of the reasons why those who say we are about to have a rally are wrong.

    I'd say that the reason the Dow Transports are all down, has in very large part to do with the higher cost of oil. You can't drive trucks or fly airplanes as profitably if you planned for one price of oil, and now you've got almost double that price a year later. As this closing in on $100/barrel oil continues, we're going to have a lot of oil dependant companies showing lower profits, and with it, a decline in those company stocks.

    We'll have to see how it all plays out.

    Plan on more expesive shipping costs, and plane tickets.
    Expensive shipping cost have arrived. Inflation is alive in the price of energy!! BIG TIME!!
    I priced sending some household items by Yellow Freight from Georgia to Las Vegas, forget it!
    325 pounds for $1300.00 Attachment 2660
    08/13/2019
    CRUDE Oil
    $57.16 +$2.17

  6.  
  7. #4

    Join Date
    Apr 2005
    Posts
    13,598
    Blog Entries
    9

    Default Re: Dow Theory

    if you need to move 325 pounds to Vegas- you need this webssite:

    http://www.uship.com

    It's kind of like Ebay for shipping.

    You put out there what you have to ship, and where is has to go to, and people bid how much they will charge you to take it.

  8.  
  9. #5

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    58,229

    Default Re: Dow Theory

    Quote Originally Posted by James48843 View Post
    if you need to move 325 pounds to Vegas- you need this webssite:

    http://www.uship.com

    It's kind of like Ebay for shipping.

    You put out there what you have to ship, and where is has to go to, and people bid how much they will charge you to take it.
    Thanks James. I'll check it out.
    08/13/2019
    CRUDE Oil
    $57.16 +$2.17

  10.  
  11. #6

    Join Date
    Jul 2004
    Location
    Cleveland, Ohio
    Posts
    514

    Default Re: Dow Theory

    Recipe for a meltdown

    The primary culprits behind the market turmoil are sky-high stock prices -- and it's only going to get worse, writes Fortune's Shawn Tully.

    Analysis worth reading.

    http://money.cnn.com/2007/11/27/news...ion=2007112804
    Trading, in its simplest form, is the process of capturing the disconnect between perception and reality.

  12.  
  13. #7

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    1,936
    Blog Entries
    45

    Default Re: Dow Theory

    Times getting bad? Missed quarterly estimates? Sales down? Just blame subprime mortgages! I mean, what else could it be? They compose a whole 5% of American mortgages. Realistically, how much more is the average American spending in gas for their vehicle monthly? $20 tops?

    People say these things because they hear it in the media or they hear their co-workers talk about it around the water cooler. Smart Money is the Dow Theory. Smart Money is buying at these levels.

  14.  
  15. #8

    Join Date
    Sep 2006
    Location
    Rocky Mountain High
    Posts
    6,526

    Default Re: Dow Theory

    [quote=Bullitt;134791]Realistically, how much more is the average American spending in gas for their vehicle monthly? $20 tops?
    [quote]

    Guess I'm above average, as I'm spending $20 more per fill up. I fill up every 7-10 days.
    Weatherweenie's Account Talk
    Expected retirement date: November 2023

  16.  
  17. #9

    Join Date
    Feb 2007
    Location
    San Diego, CA
    Posts
    6,940

    Default Re: Dow Theory

    Quote Originally Posted by weatherweenie View Post

    Guess I'm above average, as I'm spending $20 more per fill up. I fill up every 7-10 days.
    I ride a motorcycle for my work transportation. 5 day work week. Prices averaged from my QUICKEN budget.

    2004 I was paying $1.74/g * 5 gallons = $8.70 a week
    2005 ------------ $2.30/g * 5 gallons =$11.50 a week
    2006 ------------ $2.80/g * 5 gallons =$14.00 a week
    2007 ------------ $3.10/g * 5 gallons =$15.50 a week

    This is the only item in my budget that has gone up 200+% since 2004.
    THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
    Tracker =
    100%- I Fund


  18.  
  19. #10

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    1,936
    Blog Entries
    45

    Default Re: Dow Theory

    Well, what can I say? You guys proved me wrong. At least we're lucky enough to get that federal pay increase every year along with locality pay increase every now and then. Without that I'd probably be 'living in a van down by the river' with Matt Foley as my only neighbor.

  20.  
  21. #11

    Default Re: Dow Theory

    Hey Bullitt,
    Apparently you don't work for DoD. I'm on the new NSPS (with Navy). No guarantees here! All based on "performance" - yeah right! Supervisors being told to give everyone "3s" (on "5" scale), regardless of performance.

    They can also pass on no increases- if funds are not there. Most recently, I've heared Sec'y Gates may be handing Army civilians "pink slips" to maintain funding for Iraq war.

    Its a brave new world!
    And, don't get too comfy - because I hear other Fed gov't may follow!!!
    VR

  22.  
  23. #12

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    1,936
    Blog Entries
    45

    Default Re: Dow Theory

    Another article about the Dow Theory being subject to interpretation.

    http://www.financialsense.com/Market...2007/1130.html

  24.  
Page 1 of 5 123 ... LastLast

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
SPY (C Fund) (delayed)
Dow Theory
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
Dow Theory
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
Dow Theory
(Stockcharts.com Real-time)
AGG (F Fund) (delayed)
Dow Theory
(Stockcharts.com Real-time)