What daddy tells us
Article Abstract:
Dow Theory was developed by Charles Dow and identifies different types of trend of interest to investors. Primary trends are broad trends lasting 12 months or more. Intermediate trends last weeks or months, and tertiary trends last only a few days. Dow theory applied to the 1987 share price fluctuations would leave investors reading the wrong signals. The theory is useful for analysing the past and less useful for predicting the future. The modern stock market moves more rapidly than it did in Dow's time.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Uncovering warrant secrets
Article Abstract:
Stock warrants available to UK investors include covered warrants issued by banks, financial institutions, and other third parties. Ordinary warrants, in contrast, are issued by companies which also issue the shares underlying the warrants. Costs can be high for this investment vehicle, and not all brokers provide a service for covered warrants. Warrants are also high risk investments. Despite the disadvantages, they can offer great flexibility for investors.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
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