Dow Theory for the 21st Century: Technical Indicators for Improving Your Investment Results

by Jack Schannep

Overview

Dow Theory for the 21st Century includes everything that the serious investor needs to know about the stock market and how to become financially successful. Expanding upon Charles Dow's 20th century stock market theory, author Jack Schannep provides readers with a better understanding of the ingredients that make up the world of finance, specifically the American stock market, in order to help them achieve investment success.

Product Details

ISBN-13:	9780470240595
Publisher:	Wiley
Publication date:	06/30/2008
Pages:	240
Product dimensions:	5.90(w) x 9.10(h) x 1.00(d)

About the Author

Jack Schannep is the author and editor of the Schannep Timing Indicator & TheDowTheory.com Newsletter as well as a recognized Dow theorist. Prior to writing his market letter, Schannep was a stockbroker with Dean Witter in Phoenix. He opened and managed the Dean Witter Tucson offices from 1968 until retiring as senior vice president in charge of the southern Arizona offices in 1984.

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Table of Contents

Acknowledgments ix

Introduction: The What and Why of this Book xi

Part I The Traditional Dow Theory

Chapter 1 By Way of Background 3

Chapter 2 Signals Described 17

Chapter 3 A Look at the Record 25

Chapter 4 Give-and-Take about the Theory 37

Part II Bulls and Bears

Chapter 5 Bull Markets 53

Chapter 6 Bear Markets 61

Chapter 7 Bull and Bear Markets of the Twentieth and Twenty-First Centuries 69

Part III The Dow Theory for the Twenty-First Century

Chapter 8 Capitulation: The Selling Climax 79

Chapter 9 The Heart of the Theory 97

Part IV Other Important Indicators

Chapter 10 Schannep Timing Indicator: The Other Major-Trend Indicator 123

Chapter 11 “Three Tops and a Tumble”: Leading Topping Indicators 129

Chapter 12 Bonus Indicators 145

Part V The Epitome of Synergy

Chapter 13 The All-Inclusive Composite Indicator 169

Chapter 14 Practical Uses: Putting It All Together 177

Appendix A “Official” Complete and Detailed Record of the Original Dow Theory 183

Appendix B Capitulation Indicators Detailed Record 195

Appendix C CPA Verification of the Schannep Indicator 203

Appendix D Complete Record of the Composite Timing Indicator 207

About the Author 217

Index 219

Editorial Reviews

"This book is the definitive guide to modern-day Dow Theory from probably its most consistently successful practitioner." (Investors Chronicle, June 2010)

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