DOW THEORY BULL SIGN?

Richard Russell, of the Dow Letters, has been referring lately to a possibly forming Dow Theory buy signal.  The Dow Transports made a new low last week which was unconfirmed by the industrials.  If both break their January 6th peaks a Dow Theory buy signal would occur.  Russell has been very bearish since November 2007 when the theory confirmed a bear market.  He is one man worth listening to…

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Cullen Roche

Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds. Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.

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