内容简介
ApioneeringclassicinDowTheory."Ifyouareaseriousstudentofinvesting,youoweittoyourselfto'gobacktothefuture'andreadthisbook."--CharlesB.Carlson,Editorof"DowTheoryForecast".TheDowTheoryisconsistentlyoneofthebeststrategiesforunderstandingandpredictingthestockmarket,andwhenitisappliedasamethodofpredictableforecast,itisknownasthe"barometer."ThisfinanceclassicofferstipsandtrendsthatWilliamHamiltonobservedovertheyearsinthemarket,offeringaviewofmarketbehaviorthatremainsperpetuallycurrent.Hamilton,acontemporaryofCharlesH.Dow,presentsaclearandin-depthdiscussionoftheDowTheoryanditsexplanationofaveragesandaffinityforpredictablecyclesofpanicandprosperity.Providesananalysisofthestockmarketanditshistorysince1897.*ThisbookisaspringboarduponwhichcurrentDowTheoryhasthrived.*NewforewordbyCharlesCarlson.ThelateWilliamP.HamiltonoriginallypublishedTheStockMarketBarometerin1922.HamiltonspentacareerinfinancialjournalismandbecameaneditorofTheWallStreetJournal.